The Bottom Line: Killing Blackboard – Josh Coates, CEO of Instructure

The Bottom Line – Whether you are a 3rd grader or a college Freshman, the classroom is increasingly online. Utah-based Instructure, and its flagship software product Canvas, is helping students, parents, teachers and administrative staff communicate seamlessly and share data easily using Cloud technology. Many years ago entrepreneurs like Josh Coates, Instructure’s CEO, recognized the massive education market would need better technology tools if teachers were going to prepare students for an ever-changing, face-paced and competitive landscape. Earlier this year, Instructure raised $40M at a valuation of over one-half a billion dollars. In total, Instructure has raised $90M and employs over 500 people. Canvas is one of the leading Learning Management Systems (LMS) for colleges, K-12 and now even the corporate training world. Coates discusses the beginnings of Instructure, how their software overcame its repressive rival Blackboard, how he came to lead the endeavor, and what it means to be a coder.