Gilfus Ventures Partners Acquires LMS Provider, Adrenna

ADRENNA: Acquired for an undisclosed sum by Gilfus Venture Partners, whose Chairman and CEO, Stephen Gilfus, co-founded CourseInfo, which later merged with Blackboard LLC to create Blackboard Inc. He is also President and CEO of Gilfus Education Group, a consulting firm advises schools on strategy and implementation for education technologies. Founded in 2004, Atlanta, GA-based Adrenna offers an open-source learning management system for K-12 and higher-ed institutions, along with businesses and government agencies. Washington Business Journal says it's "part of an ambitious plan to rival...powerhouses like Blackboard, Desire2Learn and Instructure."

STAY UP TO DATE ON EDTECH.News, research, and opportunities - sent weekly.