Remind, a startup with an app that connects teachers to students and parents, has raised $40 million in a recent funding round from existing investors.
The latest round brings Remind's total fundraising to $59 million, the New York Times' DealBook reported. Kleiner Perkins Caufield & Byers is the leading investor along with Social+Capital Partnership and First Round Capital.
Remind's straightforward app lets teachers send homework assignments, pictures, class surveys, test reminders and other information to parents and students while eliminating the need for paper forms that are easy to misplace.
CEO and co-founder Brett Kopf was partly inspired to build the company because of his experience growing up with dyslexia and attention deficit disorder, he told DealBook.
"We make it incredibly easy to connect," he said of the app.
Remind's app is a safer option than exchanging cellphone numbers or creating Facebook groups since all messages are archived within the app and are available to school administrators if needed, the Wall Street Journal's Venture Capital Dispatch reported.
The startup's software connects around a million teachers to more than 17 million students, and the app has been in the top five apps on Apple and Google's online stores. While it's not as popular as social networking apps, Remind has been adopted by more than 40 percent of teachers in some states, including Texas and Georgia.
"Remind is the first entry I've seen on how to get very rapid adoption of a very simple system that makes teachers more effective in getting better outcomes," said John Doerr, a Kleiner Perkins and a Remind director, as quoted by DealBook.
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