Desire2Learn, a Canadian-based LMS provider, raised $85 million in Series B funding, bringing its total external investment to $165 million.
Blackboard recently acquired CardSmith, a campus card solutions provider, marking their third acquisition of 2014.
Wireless technology giant Qualcomm acquired EmpoweredU, a provider of mobile-based learning platforms, in an effort to provide students 24/7 access to learning materials.
Blackboard, a well-known leader in learning management systems, recently acquired IT help desk provider Perceptis, the company’s second acquisition of 2014.
More than 60,000 educators in the state will have access to the system for professional development.
The major online-services provider Google has released its first learning management system, designed to help educators organize and collect assignments, ask questions of students, and perform other tasks.
The worldwide e-learning market is poised to grow by more than 20 percent over the next five years, according to one estimate.
Michael Chasen, who co-founded the educational software company in 1997 and saw it through a $1.6 billion acquisition, will resign in December.
The popular learning management website will now give teachers more opportunities to share lessons and interact with students.