Wimba
Latest round
- Series C
Last raised
- Jun 2009
Total raised
- $26M
Investors
- 6
About Wimba
Wimba Inc.Founded in 1998 in New York, US, Wimba Inc. specializes in providing innovative communication tools. The company was acquired by Class Technologies Inc. in May 2022 from Blackboard Inc. The acquisition aimed to enhance Class Technologies' learning management system.Wimba specializes in providing innovative digital communication solutions designed to enhance collaboration and learning experiences across various sectors. Their core offerings include a comprehensive suite of tools that facilitate online meetings, webinars, and virtual classrooms, enabling users to engage in real-time discussions and share educational content. This product line is primarily tailored for educational institutions, corporate training departments, and various organizations seeking to improve remote collaboration. The platforms were developed to address challenges in effective communication and knowledge dissemination, with particular emphasis on accessibility and user-friendly interfaces.Wimba generates revenue through a subscription-based model, allowing clients to choose from various pricing tiers based on their specific needs and usage levels. This structure typically involves annual or monthly payments, providing flexibility for educational institutions and businesses alike. Clients engage with Wimba's services through direct contracts, resulting in recurring revenue streams that bolster the company's financial stability. The flagship products, which include advanced features such as analytics and integration with existing learning management systems, are offered as part of these subscription packages.The acquisition of Wimba Inc. by Class Technologies Inc. aims to enhance the main learning management system, improving offerings for the international education community. Wimba plans to develop new products to further enhance remote collaboration and is targeting expansion into additional geographic markets in the future.
Who invested in Wimba
6 investors across 4 rounds
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Questions about Wimba
Who invested in Wimba?
Wimba has 6 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Wimba raised?
Wimba has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Wimba last raise money?
Wimba's most recent round on record is a Series C, in Jun 2009.
What does Wimba do?
Wimba is a software company.
Where is Wimba headquartered?
Wimba is headquartered in New York, US.
Which VCs invest in companies like Wimba?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Wimba's stage. Their profiles are linked below.
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