Dive Brief:
- Remind, a securing messaging app for education, received an additional $40 million in funding from Kleiner Perkins Caufield & Byers (KPCB), The Social+Capital Partnership, and First Round Capital.
- The San Francisco startup is gaining momentum nationally, with 350,000 new users signing up per day at the beginning of the year and a total of 1 million teachers using the app to communicate with 17 million parents and students now.
- At the end of August, Remind unveiled version 4.2 which included new features like "Stamps," which allows teachers to give real-time feedback.
Dive Insight:
"Remind originated from the idea of what the world could look like if we could make it easier for millions of teachers to personally connect with students and their families," CEO and Co-Founder Brett Kopf was quoted as saying in a press release. "We exist because of teachers and this latest funding round will keep us working hard to ensure we are meeting the needs of educators across the world."
As Remind continues to gain more capital, it will most likely continue to add bells and whistles like the "Stamps" feature.
One of its first supporters, Kleiner Perkins Caufield & Byers (KPCB), is run by John Doerr, who we featured months ago when we looked at how Silicon Valley is shaping the reform movement. Doerr is the co-founder of NewSchools Venture Fund, a non-profit that invests in a variety of education groups, businesses, and technologies.
