An LMS created for educational establishments, Canvas was designed to higher interact customers within the educating and learning processes. SALT LAKE CITY – Instructure, a software-as-a-service firm that created the Canvas studying administration system, at present introduced it has raised $40 million in a Series E round of funding. The pre-IPO investment is led by Insight Venture Partners with Bessemer Venture Partners and EPIC Ventures participating.

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