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Instructure to Acquire Partner MasteryConnect to Launch a New Era of Innovative Assessment

“Today’s educators are trying to move away from archaic end-of-year tests and are looking for more intuitive models of assessment,” said Dan Goldsmith, CEO of Instructure. “Together, Canvas and MasteryConnect will put valuable data in the hands of our teachers, not just once, but throughout the year so they can …

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Instructure acquires Portfolio in $ 43 million deal

In November 2017, Instructure, the Utah-based company and owner of LMS Canvas, made its first major acquisition by acquiring Practice, a video learning platform. In 2018, Instructure launched a partner-booster program, which seemed to further indicate the company’s interest in partnering with other edtech startups. On February 19, the company …

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Instructure announces strong earnings and acquisition

Nowadays, every sub-industry needs a software as a service player. The business model is powerful and the long term economy is an investor’s dream. The education sector has a bona fide leader in Instruct (NYSE: INST). The company has a cloud platform for educational institutions called Canvas; a tool for …

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Instructure Reaches Agreement to Acquire Student Success Network Portfolio

Portfolio was created to help everyone realize their full potential by connecting their learning to opportunity. The company helps institutions inspire, assess, and showcase student achievement through its powerful ePortfolio network, student-centered assessment, job-matching capabilities, and academic and extracurricular pathways. “Working with Portfolium furthers our mission as it allows us …

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How Instructure’s open-source mantra took them from a sad geo subway to a NYSE listing

In 2008, two BYU graduate students, Devin Daley and Brian Whitmer, became frustrated when they were forced to conduct their software usability studies on, ironically, very unfriendly software. They hooked up with investor Josh Coates, who provided mentorship and seed money (and later became CEO), and undertook a “product validation …

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Instructure Reports Solid Growth and Increased Losses

Investing in software-as-a-service (SaaS) companies takes patience: companies need to invest millions of dollars to build a platform and win customers. But once these customers are acquired, the costs of running such a business are largely fixed. This leads to impressive recurring cash flows. Structure (NYSE:INST) provides a platform, Canvas, …

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Instructure reports 30% year-over-year revenue growth

On July 30, Instructure announced its 2nd quarter financial results and there was a lot of good news. In many ways, Instructure had a very strong 2nd quarter, largely due to increased adoption of its products by customers both domestically and abroad. However, despite all the good news from the …

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This week in eLearning: Instructure, an LMS for rugby coaches and a preschool initiative in the Bahamas

Instructure, Inc. recently announced the acquisition of Practice, an applied video micro-learning solution. The acquisition suggests that in the future, Instructure’s platforms, including Canvas, will expand their video-based teaching forms, but the acquisition may also indicate Instructure’s interest in forging Connections to established Practice clients, including those of some of …

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Instructure and Kimono partnership open the web of SIS integration — THE Journal

Student Information System Instructure, Kimono partnership opens SIS integration web Structure has partnered with Kimono to extend the latter’s cloud-based interoperability platform to all Cloth users. Kimono was previously only available on Canvas for premium users, but the partnership allows the admin to use Kimono for two-way Student Information System …

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Instructure up 8% since IPO, CEO sees “huge renaissance” in EdTech – TechCrunch

Instructure, the Utah-based educational technology company, went public on Friday on the New York Stock Exchange. After setting a price at $ 16, shares rose 8% in the early afternoon. Instructure, which is not yet profitable, is building educational software for K-12 teaching and corporate learning. Blackboard’s competitor claims to …

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Instructure Launches Free Learning Object Repository, Canvas Commons – Campus Technology

LOR | News Instructure Launches Free Learning Object Repository, Canvas Commons Instructure has launched a limited pilot of Canvas Commons, a new learning object repository that integrates with the Canvas learning management system. Instructure describes Canvas Commons as “a new platform that will allow educators to harness the power of …

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With 4.5 million users, Instructure takes on the courseras and udacities of the world with its own network of open courses – TechCrunch

Instructure launched Canvas in 2011 to provide educational institutions with an alternative to ubiquitous (but heavily criticized) software from education giants like Blackboard. Rather than forcing schools to spend six months onboarding and learning to use rigid and bloated learning management software, Canvas offers an open source, cloud-native system accessible …

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