Fundraising Fox

Wimba

Acquired

2 known investors

Wimba is a provider of collaborative and voice-based communication software for colleges, universities and other education providers.

Also known as Horizon Wimba, Inc · Wimba, Inc.

Investors · 2

Company profile

researched Aug 2026

Wimba, Inc. is a software company that develops collaborative applications for the education market, spanning both communication-enabling tools and content authoring programs. Its customer base consists primarily of universities, colleges and other post-secondary education providers, alongside corporate training environments.

The product line is built around a suite of online communication tools marketed as Voice Tools, together with an Oral Assessment Builder. Voice Tools include Voice Email, Voice Discussion Boards and Voice Direct, a real-time voice chat room, allowing instructors and students to interact one-to-one or one-to-many. The Oral Assessment Builder lets instructors create online oral assessments and return recorded voice feedback to students, a workflow adopted in language instruction settings. Additional offerings include the Wimba Create authoring product, and the broader platform covers online meetings, webinars and virtual classrooms with analytics and integration into existing learning management systems.

The company was established in 1998 and was formerly named Horizon Wimba, Inc. It is headquartered at 10 East 40th Street, Floor 11, New York City, New York 10016, United States.

Business model

Wimba sells its software to institutions rather than individual end users, contracting directly with universities, schools and corporate enterprises on a business-to-business basis. Institutional licensing arrangements, such as UCLA's access through the University of California Consortium for Language Learning and Teaching, extend use across departments and restrict resources to that institution's own students.

Revenue is generated through a subscription model with multiple pricing tiers based on customer needs and usage levels, typically billed annually or monthly, producing recurring revenue from direct institutional contracts. Flagship products including analytics and learning-management-system integration are bundled into these subscription packages.

Latest developments

Following the May 2022 acquisition by Class Technologies, the stated plans for Wimba include developing new remote-collaboration products and expanding into additional geographic markets.

Full profile — market position, technology, go-to-market, geography, history

Market position

Wimba is positioned as a supplier of communication and content-authoring software to the education industry, and its tools have been adopted at institutions such as UCLA through the UC Consortium for Language Learning and Teaching. Its assets have twice changed hands among larger education technology platforms.

Technology

The platform delivers voice-based asynchronous and real-time communication over the web, including voice email, voice discussion boards and a live voice chat room, plus an oral assessment authoring and feedback tool. Deployment requires a browser-side diagnostic check of hardware and software requirements, and the products integrate with existing learning management systems.

Go-to-market

Universities, colleges and other post-secondary education providers, schools, and corporate training departments, as well as organizations seeking tools for remote collaboration.

Geography

Headquartered in New York City, with solutions marketed in North America, Europe and Asia.

History

Founded in 1998 in New York under the former name Horizon Wimba, Inc., the company completed two acquisitions of its own in the mid-2000s. It was acquired by Blackboard, Inc. on July 7, 2010, and support materials for its products were subsequently hosted under Blackboard Collaborate. In May 2022, Class Technologies Inc. acquired Wimba Inc. from Blackboard Inc. with the stated goal of strengthening Class Technologies' learning management system offering for the international education community.

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Timeline · 2

launches, deals, and filings
May 2022
Class Technologies acquires Wimba from Blackboard

Class Technologies Inc. acquired Wimba Inc. from Blackboard Inc., with the stated aim of enhancing Class Technologies' learning management system.

source ↗

Jul 2010
Blackboard, Inc. acquires Wimba

Wimba, a New York-based provider of collaborative software for the education industry, was acquired by Blackboard, Inc.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Wimba do?
Wimba is a provider of collaborative and voice-based communication software for colleges, universities and other education providers.
Who are Wimba's investors?
Wimba's investors include Gefinor Capital, The Argentum Group.