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Desmos Grabs Capital

2012-09-27
SAN FRANCISCO, CA, Education technology company devoted to inspiring and engaging the next generation of math students, received an investment from Google Ventures.
Desmos, Inc., an education technology company devoted to inspiring and engaging the next generation of math students received investment from Google Ventures. Google joins Kapor Capital, Learn Capital, Kindler Capital, and Elm Street Ventures.

The firm has reinvented the graphing calculator for today's increasingly wired classrooms. With an interactive, HTML5 graphing platform that works seamlessly across all modern browsers, Desmos offers a much-needed upgrade to traditional hand-held calculators. Users can instantly create, save, and share beautiful, full-color graphs online without the need to download or install any software. The platform also eliminates the financial burden students face when forced to purchase current graphing calculators, usually priced at over $100.

"People have been clamoring for an alternative to outdated, overpriced graphing technology," said founder and CEO Eli Luberoff. "At Desmos, we believe that everyone deserves access to the best educational technology available, and that given the right environment and the right tools, all students can understand -- and even enjoy -- math."

With the infusion of funds from Google Ventures, Desmos will pursue further hiring and growth.

"Today technology is rapidly redefining traditional education," said Rich Miner, partner at Google Ventures. "Math is a subject area where we lose many of our students and our competitive edge. If math can come to life, as Desmos is doing, we can build a generation of students that is engaged and deeply interested in the areas of math and science. We are excited to be working with Desmos as they scale their operations to have an impact on students around the world."

How Desmos works

Teachers and students can access the Desmos Graphing Calculator for free at www.desmos.com. Users simply type equations in the calculator's expression bar to instantaneously see a sketch of their graph. They can update colors, highlight points of interest, save and share their work, and download an image of the graph.

Image Gallery: https://s3.amazonaws.com/desmos/press/images-sept-24.zip

About Desmos

Desmos, Inc. (www.desmos.com) creates software that changes the way people teach and learn math. Founded in 2011, Desmos is built on top of innovative HTML5 technology that works across all modern browsers. Desmos moves beyond current graphing technology to create a disruptive new platform for mathematical education.

About Google Ventures

Google Ventures provides seed, venture and growth stage funding to the most innovative and promising entrepreneurs across a variety of stages. Founded in 2009, Google Ventures helps its entrepreneurs succeed by providing access to uniquely hands-on and dedicated resources such as its Design Studio, Marketing, Recruiting, and Engineering Teams, and Startup Lab. The Google Ventures team has extensive entrepreneurial experience, deep technical knowledge and expertise in building high growth, scalable products and companies. Among its 100+ investments are Nest, Kabam, HomeAway, ngmoco, DocuSign and WhaleShark Media. Google Ventures is headquartered in Mountain View, Calif. with offices in Cambridge, Mass., Seattle, Wash. and New York, N.Y. For more information, please visit www.googleventures.com.
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