Synchrophasors are considered one of the most important measuring quantities in the future of power systems. The main reason of synchrophasor monitoring is to prevent or detect in advance events that may cause failure or even damages of the transmission network. That is why Phasor Measurement Units (PMU) getting increased attention nowadays. Main function of PMU is to measure and report the synchrophasors in widely dispersed locations in the power system network. Main PMU features in terms of evaluation and reporting describes the IEEE C37.118 document. Data stream from PMUs receives Phasor Data Concentrator (PDC), synchronize data streams and provides output data stream with defined reporting rate. The paper describes developed software suite which simulates set of PMUs and Phasor Data Concentrator (PDC). The aim of this work was to create educative implementation of PMU and PDC in graphical programming language LabVIEW. This software enables creation of virtual synchrophasor monitoring network without using of any other hardware than PC and can be used as a teaching tool.