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Reuters: Instructure Has Filed for IPO

August 14, 2015
 
 

Instructure, the company behind the learning management system Canvas, plans to go public later this year, according to Reuters. The news organization, quoting unnamed sources, suggests the company has already filed for an initial public offering, and that the company will be valued at between $500 and $800 million. Reuters previously broke the news that Blackboard is exploring a sale.

An Instructure spokesperson declined to comment on the rumor.

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