(Yicai Global) Nov. 20 -- Shanghai ALO7 Technology Co., which provides English learning materials for kids, has secured USD37.5 million in D-round funding led by Legend Capital with support from world-renowned communications equipment maker Qualcomm Inc. [NASDAQ:QCOM] and Chinese education group New Oriental Education & Technology Group Inc. [NYSE:EDU], online media outlet Iyiou reported yesterday.

Other investors in the round included UG Investment, Shanghai Guohe Capital and Vickers Venture Partners.

ALO7 will use the proceeds to employ new technical staff and upgrade its products and services. The company last raised funds through its USD10-million C-round funding led by Qualcomm, pushing its total funding to around USD20 million. It did not disclose its valuation with the new funds.

A major provider of K12 (kindergarten through 12th grade) online education products and services, the company boasts seven major training products. It currently has over 12 million users, 500,000 of which pay their fees on an annual basis. The firm supplies to New Oriental and other well-known training institution chains.

Several international insurance investment firms set up ALO7, formerly Saybot Information Technology Ltd., in the American city of Boston with USD10 million in July 2004.