Class Technologies Inc., a virtual classroom platform built on Zoom, has raised a $105 million Series B funding round led by SoftBank's Vision Fund 2, according to its statement.
Additional investors participating in this round include: GSV Ventures, Emergence Capital, Maven Partners, Owl Ventures, Insight Partners, SWaN & Legend Venture Partners, Revolution's Rise of the Rest Fund, Learn Capital, Reach Capital, Slow Ventures, Sound Ventures, Chimera Investment, Daher Capital, Guy Oseary, Bill Tai, and Super Bowl champion and entrepreneur Tom Brady.
The financing will be used to accelerate the company's growth and expand globally into new markets and brings total funding to over $160 million.
Founded in September 2020, Class adds teaching and learning tools to Zoom that enable instructors to perform many of the activities that happen in a real classroom, helping instructors at educational institutions and corporations take attendance, hand out assignments, give a quiz or test, grade work, proctor exams, talk one-on-one with a learner, and more.
Since launching less than a year ago, Class is already deployed in the United States and in over 20 countries worldwide.
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