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Venture Capital News: Class Technologies Scoops Up $30.75M Series A

2021-02-04
WASHINGTON, D.C., Class Technologies announced it has raised $30.75 million in a Series A investment round.
Class Technologies, the company that created Class for Zoom, a software that integrates with Zoom, announced it has raised $30.75 million in a Series A investment round co-led by Insight Partners and Owl Ventures, with continued support from all previous investors. This financing comes on the heels of the company's launch and a $16 million round of seed financing announced during the third quarter of 2020, bringing the total financing raised to date to $46 million.

Class is software developed by Class Technologies, a company founded by education software pioneer Michael Chasen. Class for Zoom integrates the Class software on the Zoom Meetings platform to make it feel like a real classroom. It helps teachers take attendance, hand out assignments, give a quiz or test, grade work, proctor exams, or talk one-on-one with a student. Founded in 2020, Class is headquartered in Washington, DC with staff around the world.
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