Instructure Raises $8 Million Series B Round of Funding
Amit Chowdhry | April 16, 2011 | 722 views | Add a CommentCategorized under EPIC Ventures, Eric Schmidt, Instructure, Josh Coates, OpenView Venture Partners, Tim Draper, Tomorrow Ventures
Instructure is a company that has developed an open source learning management system. Instructure has raised $8 million in Series B funding from OpenView Venture Partners, EPIC Ventures, Eric Schmidt’s venture capital company Tomorrow Ventures, and Tim Draper. Instructure raised a total of $9.2 million. Instructure’s software called Canvas includes assessment tools, discussions, web chat, multiple assignment submission types, drag-and-drop file uploads, HTML5 video, and speech-to-text conversion.
