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D2L

company

About

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

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
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