D2L builds Brightspace, a cloud-based integrated learning platform with features for predictive modelling and data visualization, an adaptive learning engine, an eTextbook platform, and a game-based learning engine. The company plans to use the new funds to scale globally, continue developing its technology, and expand services. D2L's platform is used by more than 1,100 clients and 15 million learners across higher education, K-12, healthcare, government, and enterprise (including Fortune 1000 companies). It has operations in the United States, Canada, Europe, Australia, Brazil, and Singapore. The company is led by John Baker, President and CEO. Financially, D2L raised $85M in a Series B, bringing total capital raised to $165M to date. Desire2Learn offers a cloud-based learning platform with full mobile and tablet support, digital content discovery and distribution, learning analytics, and open API integration. The company provides an open and extensible SaaS platform to more than 700 clients across higher education, K-12, healthcare, government and the corporate sector. It maintains offices in the United States, Canada, Europe, Australia, Brazil and Singapore. Led by President and CEO John Baker, Desire2Learn focuses on expanding its cloud infrastructure and customer service. The company announced plans to use recent capital to support global growth and accelerate development of education technologies. The business model centers on recurring cloud software deployments for large institutional and enterprise customers.

Total raised

$165M

Funding rounds

3

Latest round

Series B

Latest activity

Aug 2014