Desire2Learn Acquires Wiggio

Desire2Learn, a Waterloo, Ontario, Canada-based online learning platform, is acquiring collaboration tool for students Wiggio.

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).

FinSMEs

18/03/2013

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