What is Instructure company?
Instructure, 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 (LMS), and MasteryConnect, an assessment management system. The company is owned by private-equity firm Thoma Bravo.
Who owns Instructure?
Thoma BravoInstructure / Parent organizationThoma Bravo, LP, is an American private equity and growth capital firm with offices in San Francisco, Chicago and Miami. Wikipedia
What Instructure means?
Speaking of Latin and architecture, the word Instructure is actually derived from Latin. It’s a combination of the Latin word instructus which means “to teach” and structure which means “to build”. Devlin Daley and Brian Whitmer came up with this name when the company was founded.
Is Instructure a public company?
Instructure is officially a publicly-traded company—again. Officials from the company, which makes the Canvas learning-management system used at many colleges and schools, rang the opening bell at the New York Stock Exchange today, marking its IPO.
Is Instructure a SaaS company?
Instructure is a software-as-a-service (SaaS) technology company that makes software that makes people smarter.
Who founded Instructure?
Brian WhitmerDevlin Daley
Instructure/Founders
Instructure, the creator of Canvas, was founded in 2008 by two graduate students from Brigham Young University, Brian Whitmer and Devlin Daley (Instructure, 2018).
When did Instructure go public?
2015
2015. Instructure went public on the NYSE (INST).
Is Canvas a software?
Canvas Defined Canvas LMS is an open and reliable web-based software that allows institutions to manage digital learning, educators to create and present online learning materials and assess student learning, and students to engage in courses and receive feedback about skill development and learning achievement.
What is Canvas platform?
Canvas is a course management system that supports online learning and teaching. It allows professors to post grades, information, and assignments online. It is being used by universities and colleges all over the world.
When was Instructure founded?
2008Instructure / Founded
Did Instructure go private?
June 28 (Reuters) – Instructure Holdings Inc on Monday filed for an initial public offering in the United States, a little over a year after the educational software company was taken private by Thoma Bravo.
What is canvas platform?
Who created Canvas Instructure?
Instructure, the creator of Canvas, was founded in 2008 by two graduate students from Brigham Young University, Brian Whitmer and Devlin Daley (Instructure, 2018).
Who makes Canvas?
Instructure
Instructure, the public company that sells the Canvas learning management system in K-12, announced today its plans to be acquired by Thoma Bravo, LLC, a private equity investment firm, in an all-cash transaction valuing the company at about $2 billion.
What happened with Instructure?
Instructure has pursued a sale, in part, because of decelerating growth forecasted for its flagship Canvas LMS product for colleges and because of disappointing results from Bridge, a corporate LMS that Instructure built in house to expand its reach to large-sized companies.
Where was Instructure founded?
2008Instructure / Founded
Is Canvas owned by Microsoft?
Canvas, which is owned by Instructure, was created in 2008 by Brigham Young University students frustrated with their own school’s online platform.
Who invented the learning management system?
Sidney Pressey
The first LMS was developed in 1924 when Sidney Pressey invented the first ‘teaching machine’. This resembled a typewriter with a window that could administer questions.
Is Canvas owned by Facebook?
Who invented Canvas website?
What does Instructure do?
Instructure, Inc. is an educational technology company based in Salt Lake City, Utah. It is the developer and publisher of Canvas, a Web-based learning management system, and MasteryConnect, an Assessment Management System. The company is owned by private equity firm Thoma Bravo.
How many employees does Instructure have?
Instructure, Inc. has 1397 total employees across all of its locations and generates $258.47 million in sales (USD). There are 5 companies in the Instructure, Inc. corporate family.
Is Instructure Canvas open source?
In February 2011 Instructure announced that they were making their flagship product, Canvas, freely available under an AGPL license as open source software, a move which garnered press coverage due to its threat to then market leader Blackboard.
How many colleges and universities use Instructure?
By January 2013, Instructure’s platform was in use by more than 300 colleges, universities and K–12 districts, and the company’s customer base had increased to 9 million users by the end of 2013.