Labster’s virtual laboratory simulations were designed to make learning about science “addictive” for students around the world. The fresh funding will allow the company to expand its reach and core offerings, as well as grow its team at its Somerville U.S. HQ and offices around the world.
This is Veeva’s fourth year in a row making Fortune’s “100 Fastest-Growing Companies” list. Over the past three years the company has generated more than $1.2 billion in revenue and brought in $329 million in profits, bringing its total valuation to $3.2 billion.