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 media. It is worth noting that not a single media outlet listed by EDUKWEST or […]
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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 raising $165 million is an impressive feat, does this funding give us new information on […]
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 trouble believing that these recent cuts are solely based on improving Desire2Learn’s growth without needing […]