Anthology Raises $250M to Invest in Its Strategic Initiatives and Core EdTech Solutions
Boca Raton, Fla., April 19, 2024 – Anthology announced today that the Company raised $250M of financing from its stakeholders to invest in its strategic initiatives and core EdTech solutions. The transaction closed on April 19 and will be used to pursue its strategic focus of leading the industry forward and helping higher education institutions meet their goals in a rapidly changing landscape.
“We are excited about the support from our investors and our journey to help customers realize the benefits of the “best of” education and technology coming together,” said Bruce Dahlgren, CEO of Anthology. “Investment in education technology continues to be critical as institutions strive to evolve in today's market and meet student needs. Anthology is a champion of progress, with a market-leading offer that will deliver long-term success for our customers and partners.”
Higher education institutions today find themselves at a critical juncture as they face challenges across enrollment, retention, and budgets alongside a rapid shift in student needs and expectations. Anthology is exclusively positioned to guide educational institutions through these times of change. The company remains devoted to helping customers adapt, strengthen their operations, and deliver the modern, dynamic learning experiences that today's students demand.
Industry experts recognize Anthology as the EdTech leader in artificial intelligence (AI). More than 300 institutions are deploying Anthology’s AI-facilitated course-building tool, AI Design Assistant, within Blackboard Learn Ultra, its Learning Management System. Anthology will continue to drive its leadership and momentum across all its core solutions. In July, Anthology will host one of the industry’s largest EdTech events, Anthology Together 2024, which includes industry thought leaders, education professionals, and learners from around the world. This year, it will be held July 15-17 in Orlando, Florida, and will provide attendees with hands-on experience with advanced innovations.
About Anthology
Anthology offers the largest EdTech ecosystem globally for education, supporting over 150 million users in 80 countries. With a mission to provide dynamic, data-informed experiences to the global education community through Anthology Intelligent Experiences™, we help learners, leaders and educators achieve their goals by offering over 60 SaaS products and services designed to advance learning. Discover how we fulfill our mission for education, business and government institutions at www.anthology.com.