Phil Hill reports, "Instructure, maker of the Canvas LMS, has filed for an Initial Public Offering (IPO) just 16 months after private equity firm Thoma Bravo took the company private." The company s focusing more narrowly on the academic market after cutting loose Bridge, the corporate learning LMS. There's more from edScoop, which includes this warning: "We have a history of losses, and we do not expect to be profitable for the foreseeable future," the prospectus reads.
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