vtech is an online educational technology company that makes educational software for teaching and learning.
The company has a presence in more than 100 countries.
vtech’s product is designed to provide high-quality learning environments for students in high-need environments, including disadvantaged students, low-income students, veterans, children with disabilities, students with disabilities in high school and college, and students who have limited English proficiency.
It also helps students find information about the world, engage in real-world learning, and connect with others from around the world.
This week, the company announced that it had raised $1.5 billion in Series A funding led by the venture capital firm Andreessen Horowitz, the largest investment round in the company’s history.
The Series A is led by Andreessen, and the company plans to use the cash to expand its global presence, build new offices, hire new employees, and expand its technical capabilities.
For more than a decade, vtech has been expanding its global reach, including investing in a $1 billion factory in Hong Kong that builds high-end computer parts.
This year, the Chinese government announced that a major Chinese internet giant, Tencent Holdings, would become the exclusive supplier of high-speed internet access to more than 5 million low- and middle-income communities.
At the same time, the government is expanding its internet security measures, which have made it harder for businesses to penetrate Chinese markets.
vTech has also invested in new business models to help businesses get access to the world’s most valuable technology.
Last year, it partnered with China’s leading social network WeChat to create an app for local businesses and governments to connect with customers and connect to government offices.
In 2017, vTech announced a partnership with the US Department of Defense, the US Air Force, the Office of Naval Research, and NASA to support the deployment of advanced cyber weapons, such as a new weapon that allows a single-use, small-scale weapon to be deployed on multiple targets simultaneously, as well as a global data collection platform to collect data on the location, speed, and accuracy of drones and other unmanned aircraft.
With the recent launch of the Advanced Capability-Grade (AC-Grade) ballistic missile submarine, vmovers have taken advantage of this new capability to deploy a highly accurate weapon with unprecedented lethality to protect vital assets.
This new capability will allow the US to respond to future threats from a range of hostile nations in the region and beyond.
Vtech’s new global presence is focused on delivering technology to improve the quality of life in the world through education, workforce development, and social impact.
In 2018, the Company launched its educational platform, vteachers.
vteacher provides educational and training products to schools, colleges, and universities to empower students and faculty to build and sustain high-skill jobs in the next century.
In addition, vtec will soon begin work on a new technology to connect teachers and students to information, technology, and communications technology (IT/CBT) professionals.
vtech has already secured significant support from the US government.
The US Department the Department of Commerce is investing $2.5 million in vtech as part of a program that will increase access to and adoption of education technology by the private sector and improve student achievement.
vtech recently completed a strategic partnership with NASA and the National Science Foundation to build a new facility in Huntsville, Alabama, which will eventually serve as the world headquarters for the Company’s educational technology.
Other investments include $1 million in an initial public offering of the company, and $50 million in Series B funding led on behalf of the US Treasury Department’s Office of Education.
The Series B is led and supported by the National Venture Capital Association and the Institute for Critical Infrastructure Technology.
On September 1, 2018, vtechnology completed its $500 million round of Series A financing led by a consortium led by Vtech, Andreessen Group, and Tencent, Inc. The $500m round raised more than $600 million from investors including Andreessen’s Andreessen Fund, and was led by Tencent.
The deal was also funded by the China Association of Venture Capital Funds, the Asian Infrastructure Investment Corporation, and China Investment Corporation.