The financial terms of the transaction were not disclosed.
Founded in 1999, Desire2Learn provides cloud-based learning solutions for higher education, K-12 and Fortune 1000 companies. It raised $80m in September 2012 (read here).
Based in Boston, MA, Wiggio.com is a free, online toolkit that is designed to make it easy for academic groups (projects, study groups, classes) clubs, committees and boards, small businesses, non-profit and charity organizations, sports teams, fraternities and sororities, and families, to work in groups.
The company raised $2.1m in 2010 (read here).