Welcome!

News Feed Item

Remind101 Raises $15 Million in Series B Funding Led By Kleiner Perkins Caufield & Byers; John Doerr Joins Board

Infusion of funds will fuel growth of the company's free communication platform currently in use by over 10 million teachers, parents and students

SAN FRANCISCO, Feb. 4, 2014 /PRNewswire/ -- Remind101, a free communication platform built for teachers, today announced that it has raised $15 million in Series B financing led by Kleiner Perkins Caulfield & Byers (www.kpcb.com). KPCB general partner John Doerr has also joined its board. This round includes additional participation from previous investors including Remind101 board member Chamath Palihapitiya's firm, The Social + Capital Partnership and First Round Capital.

The Series B round enables Remind101 to harness the rapid adoption of its core product while accelerating its product development plans with value-added services that make it possible for schools and parents to simplify daily tasks such as signing paperwork and permission slips, polling families for feedback and facilitating payments and other transactions.  Today's news also helps support Remind101's commitment to keeping its messaging service free for teachers.

Every 26 seconds a student in the United States drops out of school. Studies show communicating with students outside of school increases homework turn in rates and classroom participation by up to 50 percent and that parent involvement is also a crucial element to student's success. Remind101 addresses both of these factors through its messaging service. Through a simple interface, teachers are using Remind101 to quickly send group messages that reach both students and parents to communicate classroom information or share words of encouragement; students are more informed, parents are more involved.

"We've all got a lot at stake in the education of today's kids," said KPCB general partner, John Doerr.  "Remind101's platform is a simple, powerful, free solution for communication between students, teachers and parents.  We are energized by the team's commitment to empower educators for student success."

Remind101 addresses a persistent and frustrating problem faced by teachers every day: finding the most effective channels to help students achieve their full potential. Remind101's platform enables them to update students and parents with timely information like homework reminders and upcoming parent-teacher conferences and will soon streamline payments and polling. The reality today is that teachers are overextended and can't always give the individual attention they would like. Since 91 percent of adults and 78 percent of teens (aged 12-17) have a mobile phone, text messaging is the quickest and most efficient way to reach students/parents. 

"Remind101 aims to connect every student, teacher and parent in the world and become the ubiquitous platform to empower educators to tap into the potential of each student," says Brett Kopf, CEO and co-founder of Remind101. "With just a few clicks, and without requiring management of an additional inbox, our technology makes it possible for teachers to motivate, clarify and remind students and parents about critical information. Remind101 extends the classroom by providing busy teachers with an added layer of communication, giving them the assurance they are setting their students up for success." 

"Keeping parents up to date on class activities and schedules has transformed my classroom," says Jessica Deon, 5th Grade teacher at Rosepine Elementary School in Rosepine, Louisiana. "Last fall when Louisiana released our VAM scores, I scored in the 97th percentile and I credit much of that score to Remind101.This is the third school year that I have used Remind101 and I am still getting messages from students and parents from my first year singing Remind101's praises."

Remind101 is already in use with over 10 million teachers, parents and students, with over 65 million messages sent per month. The company is funded by a notable group of investors whose previous investments include Google, Facebook, Twitter, Yammer and Zynga.

How Remind101 works
Remind101 provides a free, safe messaging service for teachers to communicate with students and parents via text or email. Teachers sign up for an account, create classes or groups, gather subscribers, and start messaging. All without ever sharing their personal cell phone number, or collecting phone numbers from their students or parents. Some of the core benefits of using Remind101 include:

  • Safety – teachers never see students' phone numbers and vice versa, preserving privacy and ensuring safety;
  • Accessibility – students and parents use mobile phones or emails to receive messages from their teachers, without the need for a smartphone;
  • One-to-many – messages go to the entire class, and students and parents can't reply, saving teachers from having to manage another inbox;
  • Audit trail – a log of all sent messages is kept if needed for any administration or audit needs.

To sign up for the free communication service or for more information, visit www.Remind101.com.

About Remind101
Remind101 is a free communication platform built for teachers. It enables them to safely and efficiently update students and parents on important information relating to the classroom and school activities. Remind101 has been adopted by more than 15 percent of the entire K-12 teacher population in the United States. Today, more than 600,000 teachers are using Remind101 to communicate with more than 10 million students and parents. Working hand-in-hand with teachers, Remind101 remains steadfastly focused on enhancing students' educational outcomes by increasing their confidence and productivity, while giving parents the opportunity to participate in the learning process. The company is backed by Kleiner Perkins Caulfield & Byers (www.kpcb.com) as well as The Social + Capital and First Round Capital.

You can find Remind101 on Twitter (@remind101), Facebook (facebook.com/remind101), Pinterest (pinterest.com/remind101), or on the web at www.remind101.com.

About Kleiner Perkins Caufield & Byers
Kleiner Perkins Caufield & Byers (KPCB) has backed entrepreneurs in more than 700 ventures leading to nearly 200 IPOs, over 375,000 jobs and a deep strategic network. The firm has partnered with pioneering companies like Align, Amazon, Electronic Arts, Genentech, Genomic Health, Google, Intuit, Juniper Networks, Netscape, Symantec, VeriSign and WebMD. KPCB partners serve on the boards of Amazon, Apple, Bloom Energy, Flipboard, Foundation Medicine, Google, Hewlett-Packard, Nest, Square, Tesaro, Twitter and Zynga, among others. KPCB accelerates the success of entrepreneurs with a team of partners delivering company-building services including strategy, operational scaling, recruiting, business development, product delivery and marketing communications. The firm invests in all stages from seed and incubation to growth companies. KPCB operates from offices in Menlo Park, San Francisco, Shanghai and Beijing. For more information, visit: http://www.kpcb.com

SOURCE Remind101

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Many companies start their journey to the cloud in the DevOps environment, where software engineers want self-service access to the custom tools and frameworks they need. Machine learning technology can help IT departments keep up with these demands. In his session at 21st Cloud Expo, Ajay Gulati, Co-Founder, CTO and Board Member at ZeroStack, will discuss the use of machine learning for automating provisioning of DevOps resources, taking the burden off IT teams.
SYS-CON Events announced today that Cedexis will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Cedexis is the leader in data-driven enterprise global traffic management. Whether optimizing traffic through datacenters, clouds, CDNs, or any combination, Cedexis solutions drive quality and cost-effectiveness.
SYS-CON Events announced today that Enroute Lab will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enroute Lab is an industrial design, research and development company of unmanned robotic vehicle system. For more information, please visit http://elab.co.jp/.
SYS-CON Events announced today that Mobile Create USA will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Mobile Create USA Inc. is an MVNO-based business model that uses portable communication devices and cellular-based infrastructure in the development, sales, operation and mobile communications systems incorporating GPS capabi...
SYS-CON Events announced today that Suzuki Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Suzuki Inc. is a semiconductor-related business, including sales of consuming parts, parts repair, and maintenance for semiconductor manufacturing machines, etc. It is also a health care business providing experimental research for...
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 21st Cloud Expo, Lennart Frantzell, a Developer Advocate with IBM, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing devel...
Cloud-based disaster recovery is critical to any production environment and is a high priority for many enterprise organizations today. Nearly 40% of organizations have had to execute their BCDR plan due to a service disruption in the past two years. Zerto on IBM Cloud offer VMware and Microsoft customers simple, automated recovery of on-premise VMware and Microsoft workloads to IBM Cloud data centers.
Why Federal cloud? What is in Federal Clouds and integrations? This session will identify the process and the FedRAMP initiative. But is it sufficient? What is the remedy for keeping abreast of cutting-edge technology? In his session at 21st Cloud Expo, Rasananda Behera will examine the proposed solutions: Private or public or hybrid cloud Responsible governing bodies How can we accomplish?
Real IoT production deployments running at scale are collecting sensor data from hundreds / thousands / millions of devices. The goal is to take business-critical actions on the real-time data and find insights from stored datasets. In his session at @ThingsExpo, John Walicki, Watson IoT Developer Advocate at IBM Cloud, will provide a fast-paced developer journey that follows the IoT sensor data from generation, to edge gateway, to edge analytics, to encryption, to the IBM Bluemix cloud, to Wa...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
With the rise of DevOps, containers are at the brink of becoming a pervasive technology in Enterprise IT to accelerate application delivery for the business. When it comes to adopting containers in the enterprise, security is the highest adoption barrier. Is your organization ready to address the security risks with containers for your DevOps environment? In his session at @DevOpsSummit at 21st Cloud Expo, Chris Van Tuin, Chief Technologist, NA West at Red Hat, will discuss: The top security r...
SYS-CON Events announced today that Nihon Micron will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nihon Micron Co., Ltd. strives for technological innovation to establish high-density, high-precision processing technology for providing printed circuit board and metal mount RFID tags used for communication devices. For more inf...
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.
In his session at @ThingsExpo, Greg Gorman is the Director, IoT Developer Ecosystem, Watson IoT, will provide a short tutorial on Node-RED, a Node.js-based programming tool for wiring together hardware devices, APIs and online services in new and interesting ways. It provides a browser-based editor that makes it easy to wire together flows using a wide range of nodes in the palette that can be deployed to its runtime in a single-click. There is a large library of contributed nodes that help so...
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...