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A Focus on Impact

Our Portfolio Companies Make a Difference

Our portfolio companies spend every day removing obstacles and working to overcome challenges students and workers have to get a good education and a good job.

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Dec 19, 2025

4

min read

News & Updates

Edtech and Workforce Development News Roundup - 12/19

In today's ever-changing world of education and workforce development, technology is increasingly shaping the opportunities available to students, schools, and employers. From online talent marketplaces and cutting-edge edtech tools to personalized support systems and updated regulations, these changes reflect a shared effort to make education more transparent, results-focused, and centered around the learner.

Dec 16, 2025

1

min read

Mantra Health

Mantra Health CEO and Co-Founder, Matt Kennedy named to Slice of Healthcare's "50 Under 50" list

CEO and Co-founder Matt Kennedy has been named to Slice of Healthcare’s “50 Under 50” list, which recognizes 50 dynamic and influential leaders who are shaping the future of healthcare. Matt is a visionary leader committed to innovation and has an unwavering passion for improving student mental health across higher education. Under his guidance, Mantra has reached over 150 campuses and is now actively serving more than 1.3 million students. Read the original story in full here . #MantraHealth

Dec 12, 2025

4

min read

News & Updates

Edtech and Workforce Development News Roundup - 12/12

In today's rapidly evolving workforce Industry, traditional pathways into employment are facing unprecedented challenges, from eroding entry-level opportunities to shifting perceptions of higher education's value. As AI continues to transform skill requirements and job roles, innovative approaches (such as portfolio-based work-based learning, skills-first strategies, and streamlined educational systems) are emerging as vital solutions to bridge gaps and foster economic mobility.

Dec 10, 2025

2

min read

Orijin

Monroe County Sheriff's Office Partners with Tech Educator Orijin for Inmate Workforce Development Program in Tennessee

In a recent social media announcement, Monroe County Sheriff's Office shared its inclusion in a workforce development initiative with tech education provider Orijin, supported by the State of Tennessee. Sheriff Tommy Jones made the revelation, stating that the Monroe County Sheriff's Office Detention Facility will serve as the site for this pilot initiative, set to kick off on January 1, 2026, according to a post on their Facebook page. The program will introduce inmates to the Interplay...

Dec 10, 2025

2

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Acceleration Academies

Gwinnett County students to graduate after given second chance with non-traditional, free program, Acceleration Academies

ATLANTA, Ga. (Atlanta News First) — Traditional high school wasn’t all that smooth for Cobi Dawson. He discovered the Gwinnett County Acceleration Academies program. “Traditional school wasn’t really for me,” Dawson said. “Like people, everybody wants to be alike. They act like people they’re not; they hang around other people they do the wrong things.” The program caters to students who felt traditional high school wasn’t working out. It’s primarily an online program, that also requires them...

Dec 5, 2025

4

min read

News & Updates

Edtech and Workforce Development News Roundup - 12/05

In this week's News Roundup, the articles featured highlight how the traditional pathways from education to career are facing unprecedented challenges and opportunities. From the widening gap between high school graduation and workforce readiness to the diminishing returns of a college degree, stakeholders across the education and employment sectors are rethinking how we prepare young people for success.

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Blackboard Acquires Moodlerooms, Netspot

  • NewMarketsVP
  • Mar 25, 2012
  • 3 min read

Updated: Nov 20, 2024

Blackboard Inc. announced a major investment in open source today with news that it has acquired Moodlerooms and NetSpot, two leading providers of open source online learning solutions to the education industry. Both organizations will continue to operate independently to support their clients.


Moodlerooms and NetSpot are official Moodle Partners, and each will continue their current programs to support clients with no changes to their leadership or their support and service models.


In addition, each team will also become part of Blackboard’s new Education Open Source Services group, dedicated to supporting the use and development of open source learning technologies globally.


Leaders from each company recently traveled to Perth, Australia to meet with Martin Dougiamas, founder of Moodle and Managing Director of Moodle Pty Ltd, and present their plans. The meeting included Blackboard CEO Michael Chasen and Chief Technology Officer Ray Henderson, Moodlerooms CEO Lou Pugliese and Chief Architect Tom Murdock, and NetSpot Managing Director Allan Christie.


“The decision of Moodlerooms and NetSpot to work under Blackboard may sound very strange at first to anyone in this industry,” said Dougiamas, “but it’s my understanding that these three companies have some good plans and synergies. I’m happy to say that Moodlerooms and NetSpot will remain Moodle Partners, and have promised to continue providing Moodle services, participating in the community, and contributing financially to Moodle exactly as they always have.”


Both companies provide hosting, support, and consulting services and products to clients using open source systems including the Moodle learning management system (LMS) and the Mahara e-portfolio product. NetSpot is also an authorized reseller and service provider for Blackboard Collaborate™. Moodlerooms primarily serves clients in North America, while NetSpot serves a client base in Australia, New Zealand and the Asia Pacific region.


“Both Moodlerooms and NetSpot have built strong reputations for high quality service and support, which aligns with our deep focus in these areas and our overall commitment to providing LMS services and hosting globally,” said Henderson, CTO and President of Academic Platforms at Blackboard. “This direction allows us to provide the choice of an open source alternative with the benefit of a team of leaders from the open source community to guide our sustained contributions and citizenship in that community.”


Leaders from Moodlerooms, NetSpot and Blackboard signed a Statement of Principles affirming that their work will continue to include regular contributions to the open source community in the form of code contributions, financial support to the Moodle Trust, and support for community gatherings including Moodlemoots.


“This partnership is an historic moment for our company, our clients and the open source community,” said Pugliese, CEO of the Baltimore-based Moodlerooms. “Our company organizes around the principles of affordability, openness and sustainability. Working with Blackboard means that clients using one or more LMS systems can do so more affordably, with greater investment in interoperability and deeper integration between products. Our work will also continue to send a significant portion of revenue directly to Moodle’s core team to help support the improvement of a free and open product.”


“This investment in the open source community is extremely exciting. Together we will help to advance the Moodle project which will lead to stronger options for clients,” said Christie, Managing Director of the Adelaide-based NetSpot. “Our company has delivered on a model that blends the advantages of open source with high quality service and support. We expect that by working as a combined team this investment will be good for NetSpot clients and great for Moodle.”


About Blackboard Inc. Blackboard Inc. is a global leader in enterprise technology and innovative solutions that improve the experience of millions of students and learners around the world every day. Blackboard’s solutions allow thousands of higher education, K-12, professional, corporate, and government organizations to extend teaching and learning online, facilitate campus commerce and security, and communicate more effectively with their communities. Founded in 1997, Blackboard is headquartered in Washington, D.C., with offices in North America, Europe, Asia and Australia.


 
 
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