D2L Corporation
Latest round
- Series B
Last raised
- Aug 2014
Total raised
- $167M
Investors
- 6
About D2L Corporation
D2L Corporation, founded in 1999 in Kitchener, Canada, specializes in cloud-based learning management systems. The company has undergone strategic pivots to enhance its product offerings. It was co-founded by Jeremy Auger, John Baker, and Shaharul Islam. John Baker is the current CEO.D2L (Desire2Learn) offers a robust online learning platform through its flagship product, Brightspace, which is designed to facilitate personalized learning experiences at scale. Brightspace provides educators with powerful tools and customizable content to create engaging courses tailored to diverse learner needs. The platform is utilized across various sectors, including higher education, K-12 education, training organizations, government, and corporations, thereby serving a wide range of customers such as universities, school districts, businesses, and non-profits. Key features of Brightspace include tools for course design, AI-enhanced learning experiences, and comprehensive analytics to track learner performance.D2L generates revenue primarily through subscription-based models for its learning management system, Brightspace, as well as its various add-on services such as D2L Lumi, D2L Creator+, and D2L Performance+. Clients, including educational institutions and businesses, typically enter into annual agreements that grant access to these services, which may be structured around user licenses or tiered pricing based on the number of users or features selected. For example, institutions can subscribe to specific modules of Brightspace to enhance their educational offerings, providing them with the flexibility to tailor their investment according to their unique requirements. Revenue is also supplemented through partnerships and integrations that enable seamless usage of D2L’s tools within existing systems.83 million shares at USD 17 per share. Future growth strategies include the launch of new products and enhancements to existing offerings, although specific release dates have not been disclosed. D2L is targeting expansion into additional global markets, particularly in Europe and Asia-Pacific regions, to further increase its customer base and market presence.
Who invested in D2L Corporation
6 investors across 2 rounds
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Questions about D2L Corporation
Who invested in D2L Corporation?
D2L Corporation has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has D2L Corporation raised?
D2L Corporation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did D2L Corporation last raise money?
D2L Corporation's most recent round on record is a Series B, in Aug 2014.
What does D2L Corporation do?
D2L Corporation, founded in 1999 in Kitchener, Canada, specializes in cloud-based learning management systems.
Where is D2L Corporation headquartered?
D2L Corporation is headquartered in Kitchener, Canada.
Which VCs invest in companies like D2L Corporation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at D2L Corporation's stage. Their profiles are linked below.
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