Instructure Secures $30 Million in Series D Funding - 0 views
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Mathieu Plourde on 05 Jun 13Instructure today announced it has raised $30 million in Series D funding, which brings Instructure's lifetime funding total to $50 million. Bessemer Venture Partners (BVP) led the round with participation from existing investors. The funds will be used to accelerate adoption of Canvas, Instructure's popular learning management system (LMS), used by colleges, universities, K-12 school districts and the company's expanding role in the Massive Open Online Course (MOOC) movement. Instructure's current list of investors includes EPIC Ventures, OpenView Venture Partners and Tomorrow Venture