D2L

About

D2L is an integrated learning platform, providing cloud learning solutions for educational institutes.

Kitchener,Ontario,Canada
501 - 1000
http://www.d2l.com

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $80M
Industries: E-Learning,EdTech,Education,Mobile
Founded date: Jan 1, 1999
Number Of Employee: 501 - 1000
Operating Status: Active
Stock Symbol: tsx:DTOL
Legal Name: D2L Corporation
Also Known As: Desire2Learn

Founded in 1999, D2L is leader in providing cloud-based learning solutions for higher education, K-12 and Fortune 1000 companies. The Company provides next generation learning management system and solutions to engage and inspire learners lifelong - helping clients break down barriers to accessing the highest quality learning experiences. D2L's cloud-based learning solution, Brightspace, provides an open and extensible platform to over 700 clients and over 8 million learners in higher education, K-12, healthcare, government and the corporate sector including the Fortune 1000.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$168.50M $150.02M

D2L has raised a total of $168.50M $150.02M in funding over 2 rounds. Their latest funding was raised on Nov 3, 2021 from a IPO round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 3, 2021	IPO	$150.02M	—	—	—	Detail
Aug 13, 2014	Series B	$85M	7	—	—	Detail
Oct 1, 2012	Debt Financing	$3.50M	1	Government of Canada	—	Detail
Sep 4, 2012	Series A	$80M	2	New Enterprise Associates OMERS Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

8

D2L is funded by 8 investors. Government of Canada and Aurion Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Government of Canada	Yes	Debt Financing
Aurion Capital	—	Series B
Columbus Nova Technology Partners	—	Series B
Four Rivers Group	—	Series B
Graham Holdings	—	Series B
New Enterprise Associates	—	Series B
OMERS Ventures	—	Series B
Silicon Valley Bank	—	Series B

Employee Profiles

Number of Employee Profiles

17

D2L has 17 current employee profiles, including Executive Jeremy Auger

Executive

Employee

Executive

Employee

Executive

Acquisition

D2L has acquired 4 organizations. Their most recent acquisition was Captual on Apr 20, 2011. They acquired Captual for 0.

Date Company Name	Industry	Acquisition Type	Price
Apr 20, 2011 Captual	Advertising	acquisition	—	Detail
Jun 22, 2011 Metranome	Mobile	acquisition	—	Detail
Mar 8, 2013 Wiggio	Collaboration	—	—	Detail
Sep 9, 2013 Knowillage	Communities	—	—	Detail