Desire2Learn raises $85 million for global e-learning push: Reuters

Kitchener-Waterloo's Desire2Learn Inc said on Thursday it raised $85 million in venture capital funds, Canada's biggest such deal this year, as the fast-growing owner of educational software maker looks to ramp up its overseas expansion, Reuters reported. Investors in its latest financing round included Columbus Nova Technology Partners, Graham Holdings, Four Rivers Group and Aurion Capital. The deal follows an earlier $80 million round in 2012, co-led by New Enterprise Associates and OMERS Ventures, which both also contributed this time around.

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