Blackboard

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

Blackboard is a company based in Reston (United States) founded in 1997 was acquired by Class in May 2022. It operates as a SaaS (Software-as-a-Service). 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. Blackboard offers products and services including Blackboard and Anthology Ally. Blackboard operates in a competitive market with competitors including PowerSchool, Anthology, GoGuardian, LEAD School and Frontline Education, among others.

  • Headquarter Reston, United States
  • Stage Public
  • Sectors
    Education
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Anthology Inc.
Operational Areas
Education → Education Technology (EdTech)
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $30 M (USD)

    in 1 rounds

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

    May 11, 2000

  • Investors
    Anthology

    & 9 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    AlertNow

    & 23 more

  • Acquired by
    Class

    & 2 more

    (May 21, 2022)

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Products & Services of Blackboard

Blackboard offers a comprehensive portfolio of products and services, including Blackboard and Anthology Ally. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Blackboard is used as a modern teaching platform.

Anthology Ally is designed for inclusive digital content.

People of Blackboard
Headcount 1000-5000
Employee Profiles 502
Employee Profiles
People
Deidre Granger
Senior Director, Enterprise Business Systems And Architecture, IT
People
Amanda Martin
Manager, Renewals
People
Meganathan D
Senior Software Engineer
People
Veronica Taylor
Implementation Consultant

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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
  • Total Rounds 1
  • Last Round Series E — $30.0M
  • First Round

    (11 May 2000)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2000 Amount Series E - Blackboard Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments in media, communications, education, and technology sectors.
Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
An online platform for school management is operated.
2023
Developer of education technology products and services
2014
Data analytics are utilized for higher education student retention improvement.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Blackboard

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Blackboard Comparisons

Employees
+
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Competitors of Blackboard

Blackboard operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PowerSchool, Anthology, GoGuardian, LEAD School and Frontline Education, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based software for K-12 education is provided.
domain founded_year HQ Location
LMS and CRM solutions are provided for educational institutions.
domain founded_year HQ Location
School devices and student activities are monitored via AI platform.
domain founded_year HQ Location
Integrated edtech systems are provided for K-12 schools.
domain founded_year HQ Location
SaaS-based platform offering management solutions for schools
domain founded_year HQ Location
SaaS and app-based library management solutions are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Blackboard

Frequently Asked Questions about Blackboard

When was Blackboard founded?

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

Where is Blackboard located?

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

Is Blackboard a funded company?

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 11, 2000.

What does Blackboard do?

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.

Who are the top competitors of Blackboard?

Blackboard's top competitors include PowerSchool, LEAD School and GoGuardian.

What products or services does Blackboard offer?

Blackboard offers Blackboard and Anthology Ally.

How many acquisitions has Blackboard made?

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

Who are Blackboard's investors?

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

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