Instructure
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Instructure Holdings, Inc. is an educational technology company based in Salt Lake City, Utah, United States. It is the developer and publisher of Canvas, a web-based learning management system.
Instructure Holdings, Inc. is an educational technology company based in Salt Lake City, Utah, United States. It is the developer and publisher of Canvas, a web-based learning management system. ==History== The company was founded in 20081 by two BYU graduate students, Brian Whitmer and Devlin Daley. Its initial funding came from Mozy founder Josh Coates, who served as Instructure's CEO from 2010 to 2018 and chairman of the board through 2020. In December 2010, the Utah Education Network (UEN), a representative of some Utah colleges and universities, announced that Instructure would be replacing Blackboard. By 2013, the company's customer base had increased to at least 9 million users. In 2011, Instructure launched Canvas, a learning management system. The company announced that Canvas would be made freely available under an Affero General Public License (AGPL) license as open-source software. However, the company continued to sell Canvas management as a service. Canvas became available on iOS in 2011, and on Android in 2013. In 2015, Instructure launched Bridge, a cloud-based corporate learning management system. It was acquired by Learning Technologies Group (LTG) in 2021. As of 2015, the company had raised $90 million in funding from investors. On November 13, 2015, the firm began trading as a publicly held company on the New York Stock Exchange. In 2017, the company acquired Philadelphia-based video learning startup Practice XYZ, formerly known as ApprenNet, and merged the offerings into its own products. In 2020, Thoma Bravo acquired the company for $2 billion. As of 2020, Canvas was used in approximately 4,000 institutions worldwide. In June 2021, Instructure again filed for an IPO, and began trading under the symbol INST. In 2024, it was announced that KKR and Dragoneer had completed their $4.8 billion purchase of the company. Later in 2024, Instructure announced the acquisition of Parchment, a credential management platform. ==See also== History of virtual learning environments Virtual learning environment ==External links== Official website
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