company in order to raise money and scale the business. with Chasen and Pittinky's Blackboard LLC.
In 1998, after Cane met Chasen at a conference on adaptive learning, Gilfus and Cane decided to merge CourseInfo LLC. Chasen and Pittinsky started Blackboard after leaving KPMG Consulting where they both had worked as part of the company's higher education practice. was founded in 1997 by Michael Chasen and Matthew Pittinsky and began as a consulting firm contracting to the non-profit IMS Global Learning Consortium to develop a prototype for online learning and thinking through online learning standardization.
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The product was sold to schools on an annual FTE licensing model ― a full school deployment enterprise model.īlackboard LLC. Gilfus as a product strategist and Cane as lead tech guru had already identified a market fit and defined a category, as well as built a portfolio of 15 institutional clients including Cornell University, University of Pittsburgh and Yale Medical School. CourseInfo (a dorm room start-up) with Gilfus as the business lead and Cane as the lead developer had developed an innovative new platform for internet and networked learning called a "Course Management System" by Gilfus. Gilfus wrote the business plan for CourseInfo and its Interactive Learning Network product while an undergraduate at Cornell.
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History Early history CourseInfo LLC ĬourseInfo was founded in late 1996 as a software provider founded by Cornell University students Stephen Gilfus and Daniel Cane. Seventy-five percent of US colleges and universities and more than half of K–12 districts in the United States use its products and services, and 80 percent of the world's top academic institutions reportedly use Blackboard tools, according to Times Higher Education Reputation Ranking. It operated publicly until it was purchased by Providence Equity Partners in 2011.Īs of January 2014, its software were services are used by approximately 17,000 schools and organizations in 100 countries. The firm was founded by Stephen Gilfus, Daniel Cane, Michael Chasen and Matthew Pittinsky through a business combination in 1997, and became a public company in 2004. The software consists of seven platforms called Learn, Transact, Engage, Connect, Mobile, Collaborate and Analytics, which are offered as bundled software. The firm provides education, mobile, communication, and commerce software and related services to clients, including education providers, corporations and government organizations. Ballhaus, formerly president and CEO of SRA International, who was also named chairman and president, on January 4, 2016, following the resignation of Jay Bhatt, who had led Blackboard since October 2012. It merged with Anthology in late 2021, with the future name of the combined company not announced yet. It was known for Blackboard Learn, a learning management system. was an American educational technology company with corporate headquarters in Reston, VA.
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