Instructure Expands in Corporate Market With New Funding

February 19, 2015

Learning management system provider Instructure is inching closer to an initial public stock offering, and on Wednesday the company announced it had raised another $40 million in investor funding. The company, which develops the Canvas LMS, will use the funding to expand its presence in the corporate learning management system with Bridge. To date, Instructure has raised about $90 million in investor funding.

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