SALT LAKE CITY, November 8, 2021 / PRNewswire / – Instructure Holdings, Inc. (Infrastructure) (NYSE: INST) announced today that it has entered into an agreement to acquire Kimono, a leader in cloud-based data integration and interoperability for education. Long-time partner and preferred integration solution of Canvas LMS, Kimono will be renamed Elevate Data Sync as it joins the Instructure learning platform. Elevate Data Sync is a specially designed education solution that enables secure synchronization of student, staff, and learning data between applications within a school environment.
“The acquisition underscores Instructure’s vision to build the most integrated platform in education and demonstrates our deep commitment to openness,” said Steve daly, CEO of Instructure. “We want to give schools the freedom to choose to connect to their favorite apps. By incorporating Kimono’s scalable, cloud-based integration and interoperability solution as Elevate Data Sync, we strengthen our ability to more seamlessly connect users to the applications they love. “
Situated at Salt Lake City, Utah, the Kimono team has over 20 years of experience in developing integration solutions for Kindergarten to Grade 12 and higher education. The company serves six public education agencies, more than 2,300 districts, 27,000 schools and universities, and more than 16 million students worldwide.
This decision expands the capabilities of integrating learning data and building Instructure lists for student information systems (SIS). With two-way sharing, Elevate Data Sync ensures that data, grades, and lists stay in sync between edtech applications and student information systems (SIS). Schools ensure accuracy, security and accessibility with full control over their integrations, sharing only the data elements they choose and only with the apps they allow. Because Elevate Data Sync is standards independent, it supports industry standard data models and protocols, such as OneRoster, LIS, SIF, API, and CSV, and also provides the flexibility to meet requirements. needs of schools and applications.
“We have developed an adaptable cloud-based platform which is the most comprehensive educational interoperability solution available,” said Steve Curtis, CEO of Kimono. “Adding this technology to the Instructure learning platform will accelerate Instructure’s plans to provide broad support and deeper integration points to the platform for thousands of IT technology vendors across the world. the world. As a result, schools and higher education institutions will be more empowered to create the digital learning environment. that meets the unique needs of their students.
The Instructure Learning Platform is an open, reliable and extensible learning ecosystem enabling a digital learning environment for educators, students and institutions. The platform is made up of several key pillars, such as learning management, assessment and analysis, which work together to enrich, support and connect all aspects of teaching and learning. Elevate Data Sync will be an essential part of the platform, promoting interoperability and ease of use.
ABOUT THE INSTRUCTION
Instructure (NYSE: INST) is an educational technology company dedicated to improving student success, amplifying the power of teaching, and inspiring everyone to learn together. Today, the Instructure learning platform supports more than 30 million educators and learners around the world. Learn more about www.instructure.com.
This press release contains “forward-looking” statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the potential, timing and examples of any strategic alternatives. These statements are not guarantees of future performance, but are based on management’s expectations as of the date of this press release and assumptions which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from future results, performance or achievements. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include risk factors described in the Company’s initial public offering prospectus filed with the Securities and Exchange Commission. (the “SEC”) on July 23, 2021, and other documents filed with the SEC and could cause actual results to differ from expectations. All information provided in this press release is as of the date hereof and Instructure does not undertake to update such information except as required by law.
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SOURCE Instructure Holdings, Inc.