Tag Archives: NEA

Say What? Buzzfeed follows up on D2L story with solid reporting

In a post last month I questioned the growth claims that D2L was pushing to the media based on their recent massive funding round. A key part of the article was pointing out the lack of real reporting from news … Continue reading

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D2L raises $85 million but growth claims defy logic

Yesterday D2L announced a second round of investment, this time raising $85 million (a mix of debt and equity) to go with their $80 million round two years ago (see EDUKWEST for a useful roundup of news and article links). While … Continue reading

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Six Months After Layoffs: No signs of growth at Desire2Learn

Late last year I wrote a post about Desire2Learn’s laying off more than 7% of the workforce, speculating that something had changed at the company. In particular, I didn’t buy the company line about continued growth. In the end, I have … Continue reading

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Layoffs at Desire2Learn: Significant or not?

In a little-reported event the week of Thanksgiving, Desire2Learn let go 28 employees. The only public report I’m aware of comes from The Record out of Desire2Learn’s hometown of Kitchener, Ontario in Canada. E-learning company Desire2Learn has cut about 25 … Continue reading

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Desire2Learn Raises $80 Million in First-Time Venture Capital Funding

Desire2Learn has been around since 1999, and John Baker, CEO and founder of the company, has made it a point of pride that the company has grown to over 500 employees without external funding. From a financial perspective, however, the … Continue reading

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