School app firm Kami riding high on digital learning tsunami

Tue, 02 Feb 2021

Local education software firm Kami was already growing at a rapid clip before covid-enforced distance learning super-charged its revenue. Executive director Bob Drummond said the company was already trebling in size before 2020. After the pandemic hit, annualised recurring revenue - the favoured measure of software-as-a-service companies - soared more than tenfold to be "north of $40 million" from its 24 million or so users. Drummond, a co-founder and chief revenue officer of the Parnell-based digital classroom app maker, sa...

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