Blackboard

Reston, United States Founded: 1997 • Age: 29 yrs Listed Acquired By Class
Online learning solutions are provided for education and professional development.

About Blackboard

Blackboard is an Education company based in Reston (United States) founded in 1997, and was acquired by Class in May 2022. Online learning solutions are provided for education and professional development. It operates on a SaaS (Software-as-a-Service) model. Blackboard has raised $30 million across 1 funding round from investors including Anthology, Class and Providence Equity. Blackboard has completed 24 acquisitions, including AlertNow, Angel Learning and Blue Canary. Its website blackboard.com draws about 48.5 million monthly visits. Its Indian entity Blackboard Information Technology India Private Limited reported revenue of β‚Ή53.40 Cr. Blackboard offers products and services including Blackboard and Anthology Ally. Its focus areas include EdTech and Learning Management Systems. Its competitors include PowerSchool, Anthology and GoGuardian; 3 of its 3 listed competitors have raised funding.

Company details

Blackboard, operating under Anthology Inc., is established as a leader in the EdTech sector. Solutions are provided for learning effectiveness through a comprehensive SaaS suite. Products like Blackboard, a leading Learning Management System, and Anthology Ally, focused on accessibility, are offered. Services are extended to educational institutions, businesses, and government agencies for professional development and mission success. A flexible ecosystem is built to support learners and institutions globally.

Key Metrics
  • Indian entity revenue
    ₹53.40 Cr

    FY 2025 · -5% YoY

  • Indian entity net profit
    ₹5.72 Cr

    FY 2025 · 11% margin

  • Indian entity EBITDA
    ₹11.11 Cr

    FY 2025 · 21% margin

  • Total Equity Funding
    $30M (USD)

    in 1 rounds

  • Latest Funding Round
    $30M (USD), Series E

    May 2000

  • Investors
    Anthology

    & 9 more

  • Investments & Acquisitions
    AlertNow

    & 23 more

  • Acquired by
    Class

    & 2 more

    (May 2022)

Products & Services of Blackboard

Blackboard offers a comprehensive portfolio of products and services, including Blackboard and Anthology Ally.

Blackboard
Learning Management System

Blackboard is used as a modern teaching platform.

Anthology Ally
Accessibility Tool

Anthology Ally is designed for inclusive digital content.

Apps and channels of Blackboard

Blackboard publishes 3 mobile apps with over 10.5K+ downloads.

Monomoy Regional SD
Google Play Education Everyone Free
Developer: Monomoy Regional School District
View on Google Play
Colorado Springs SD 11
Google Play Education Everyone Free
Developer: Finalsite
View on Google Play
Elbert County School District
App Store Education 4+
Developer: Elbert County School District
View on App Store

Funding Insights of Blackboard

Blackboard has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series E round of $30 million completed in May 2000. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $30M
  • Total Rounds 1
  • Last Round Series E β€” $30M
  • First Round $30M

    (May 2000)

  • Investors Count 7

All 1 funding rounds of Blackboard with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2000$30MSeries E––
Valuation history

10 investors in total: 10 institutional.

Investors in Blackboard

Blackboard has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Anthology, Class and Providence Equity.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investments in media, communications, education, and technology sectors.
provequity.com
Private equity investments are directed toward multiple sectors.
carlyle.com
aurorafunds.com
US focused VC firm
novakbiddle.com
Online news, entertainment, and financial content is delivered.
aol.com
Provider of evidence-based learning products and solutions for learners and educators
pearson.com
Dell is recognized for providing computers and technology solutions.
dell.com
Commercial bank
ml.com
LMS and CRM solutions are provided for educational institutions.
1996anthology.comBoca Raton, United States
Virtual classroom solutions are provided for online learning and training.
2020class.com
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Investor details for Blackboard

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of Blackboard Information Technology India Private Limited (Blackboard)

Blackboard Information Technology India Private Limited is the primary company behind Blackboard. The board of Blackboard Information Technology India Private Limited currently have 3 directors; the longest-serving is Bruce Wayne Dahlgren, appointed in 2024. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Bruce Wayne Dahlgren
DIN 08461715
Director02 Feb 20242 yrs 9 moBlackboard Information Technology India Private Limited
Michael Patrick Pohorylo
DIN 10558424
Director23 Apr 20242 yrs 6 moBlackboard Information Technology India Private Limited
Jins Varghese
DIN 10657285
Director26 Sep 20242 yrs 1 moBlackboard Information Technology India Private Limited

People of Blackboard

502 people are tracked at Blackboard (122 in leadership, 380 in team).

NameRoleGroup
Deidre Granger
Senior Director, Enterprise Business Systems And Architecture, ITLeadership
Cynthia Haynie
Chief Technology OfficerLeadership
Derrick Daily
Director Project Management OfficeLeadership
Charity Hyde
Senior Director, Project Management Office, Professional ServicesLeadership
Christopher Blair
Delivery & IT Program DirectorLeadership
Rob Butler
Director Of Inside SalesLeadership
Nicole Knox
Vp, Global HR Consulting & Service DeliveryLeadership
Shannon Nelson
Director, Global BenefitsLeadership
Josh Myers
Art DirectorLeadership
Chandrashekhar S
Vice President - Customer Success And Sales ConsultingLeadership
Kara Eldersveld
Vice President, Portfolio StrategyLeadership
Stefanie Bradley
Director, Strategic EventsLeadership
Sarah Gregory
Senior Director, Account-based Marketing (abm)Leadership
Daniel Guenther
Vice President, Strategic FinanceLeadership
Rich Desiano
Senior Director, ArchitectureLeadership
Paul Robinson Jr
Senior Director, Technical InnovationLeadership
Ryan Sweany
Sr. Director, Implementation And Product ManagementLeadership
Keith Adams
Director, Cloud Financial OperationsLeadership
Nicole Anderson
Director, Governance, Risk & ComplianceLeadership
Fredrik Klemming
Director Of Product ManagementLeadership

482 more people are available in the full profile.

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Complete people profiles for Blackboard

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Financials of Blackboard

Figures of Blackboard Information Technology India Private Limited, the primary company behind Blackboard, for FY 2025. Revenue was ₹53.40 Cr (-5% year on year). Net profit was ₹5.72 Cr (11% margin). EBITDA was ₹11.11 Cr (21% margin). Revenue has grown at a compounded annual rate of +5% over three years and +15% over five years.

  • ₹53.40 CrRevenue · FY 2025 · -5% YoY
  • ₹5.72 CrNet profit · 11% margin
  • ₹11.11 CrEBITDA · 21% margin
  • ₹6.84 CrPaid-up capital
  • 210Employees (provident fund records)
  • +5%Revenue CAGR, 3 years
  • +15%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Blackboard Information Technology India Private Limited are on its company page.

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Detailed financial statements for Blackboard

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Blackboard

Blackboard has strategically engaged in corporate development activities, having acquired 24 companies. Notable acquisitions include AlertNow, Angel Learning and Blue Canary.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Developer of education technology products and services
fronteer.ioCambridge, United Kingdom2014Oct 2016β€’β€’β€’β€’
SaaS platforms for institutional financial management are offered.
higherone.comNew Haven, United States2000Jun 2016$260M
POS software solutions are provided for in-store retail operations.
sequoiars.comMountain View, United States1985May 2016β€’β€’β€’β€’
Data analytics are utilized for higher education student retention improvement.
bluecanarydata.comChandler, United States2013Dec 2015β€’β€’β€’β€’
Customized SaaS platforms for learning and knowledge are provided.
nivel7.netColumbia, United States2002Aug 2015β€’β€’β€’β€’
Content management and collaborative tools for K-12 education are offered.
schoolwires.comState College, United States2000Feb 2015β€’β€’β€’β€’
Limited information available
saypage.comLondon, United Kingdom2011Sep 2014β€’β€’β€’β€’
Limited information is available on Requestec's core activities.
requestec.comLondon, United Kingdom2002Sep 2014β€’β€’β€’β€’
BPO service provider for higher education institutes
perceptis.comGreenville, United States2004Jul 2014β€’β€’β€’β€’
Campus card systems for student payments and access are provided.
card-smith.com2003Jul 2014β€’β€’β€’β€’
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Complete acquisition details for Blackboard

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
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  • Exports

Verified entity values are shown only after access is granted.

Timeline of Blackboard

16 dated milestones of Blackboard across 25 years, from founding to its latest funding, stage changes and deals.

  1. Founded Blackboard is founded.
  2. Funding First funding round of $30.0M.
  3. IPO Lists on the stock exchange (IPO).
  4. Exit Acquired by Providence Equity Partners.
  5. Acquisition Acquires CardSmith.
  6. Acquisition Acquires Perceptis.
  7. Acquisition Acquires Saypage.
  8. Acquisition Acquires Requestec.
  9. Acquisition Acquires SchoolwiresCommunity.
  10. Acquisition Acquires Nivel Siete.
  11. Acquisition Acquires Blue Canary.
  12. Acquisition Acquires Sequoia Retail Systems.
  13. Acquisition Acquires Higher One.
  14. Acquisition Acquires Fronteer.
  15. Exit Acquired by Anthology.
  16. Exit Acquired by Class.

Competitors of Blackboard

Blackboard has 3 listed competitors in our database, 3 of them funded. They include PowerSchool, Anthology and GoGuardian.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
powerschool.com1997Folsom, United States$32M2,270
Cloud-based software for K-12 education is provided.
anthology.com1996Boca Raton, United States$128.6M
LMS and CRM solutions are provided for educational institutions.
goguardian.com2014Los Angeles, United States$200M237
School devices and student activities are monitored via AI platform.
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Detailed competitors of Blackboard

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of Blackboard

The website of Blackboard (blackboard.com) receives about 48.5M visits a month and ranks #657 among all websites worldwide, #20 in Education.

  • Monthly visits
    48.5M

    ▼ 3.8% vs previous month

  • Unique visitors
    3.6M

    per month

  • Global rank
    #657

    among all websites

  • Category rank
    #20

    Science and Education · Education

Similar websites

Websites whose visitors overlap most with Blackboard. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
webct.com
100%
View details
ecollege.com
100%
6K#3,642,652View details
moodle.org
moodle.org
100%
#21,145–
blackboardconnect.com
blackboardconnect.com
100%
#6,893,584–
upn.edu.pe
98%
2.9M#20,033View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Blackboard

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  • 40 similar websites
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Top companies in Education Technology Platforms

3 companies that operate in the same segment as Blackboard (Education Technology Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of a platform providing gamified language learning through interactive exercises
2011Pittsburgh, Pennsylvania, United StatesUSD 183.3 MUSD 748.02 M900
Cloud-based software for K-12 education is provided.
1997Folsom, California, United StatesUSD 32 MUSD 47.59 M1,308
Online platform for preschool management and parent updates is offered.
2014San Francisco, California, United StatesUSD 88.8 M
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Related news about Blackboard

Blackboard Raises $30 Million From Firms Including AOL, Dell - WSJ
The Wall Street Journal β€’ 26 years ago
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Frequently Asked Questions about Blackboard

Blackboard was founded in 1997 and raised its 1st funding round 3 years after it was founded.

Blackboard is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.

Blackboard is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Series E of $30M, raised on May 2000.

The primary company behind Blackboard, Blackboard Information Technology India Private Limited, reported revenue of β‚Ή53.40 Cr for FY 2025, down 5% year on year.

Blackboard, operating under Anthology Inc., is established as a leader in the EdTech sector. Solutions are provided for learning effectiveness through a comprehensive SaaS suite. Products like Blackboard, a leading Learning Management System, and Anthology Ally, focused on accessibility, are offered. Services are extended to educational institutions, businesses, and government agencies for professional development and mission success. A flexible ecosystem is built to support learners and institutions globally.

Blackboard's top competitors include PowerSchool, GoGuardian and Anthology.

Blackboard offers Blackboard and Anthology Ally.

Blackboard has made 24 acquisitions, including AlertNow, Angel Learning, and Blue Canary.

Blackboard has 10 investors. Key investors include Anthology, Class, Providence Equity, AOL, and The Carlyle Group.

Blackboard operates through Blackboard Information Technology India Private Limited.

Yes. Blackboard was acquired by Class in May 2022.

The legal entities of Blackboard currently have 3 directors, including Bruce Wayne Dahlgren, Michael Patrick Pohorylo, Jins Varghese.

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