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Blackboardrevenue, acquisition & funding

Education SoftwareReston, VirginiaFounded 2009

Acquired by Blackboard

Blackboard is an educational technology company. The company offers platform consulting, managed hosting, student services, training services, online program management and enterprise consulting services.

blackboard.comLinkedInUpdated Aug 10, 2026
Annual revenue
$5.6M
Apr 2021
Owner
Blackboard
Date not on record
Total raised
$12M
1 round
Employees
145
Apr 2021

Blackboard revenue

Blackboard's annual revenue was $5.6M in April 2021, its last figure before Blackboard bought it.

As ofRevenueSource
Apr 2021$5.6M–

– source not recorded

Who owns Blackboard

Blackboard owns Blackboard. The date and price of the deal are not on record.

Blackboard funding rounds & investors

Blackboard has raised $12M in one round: a funding round in January 2009.

DateRoundRaised
Jan 2009Funding round$12M
Total raised$12M

Blackboard CEO, founders & employees

Bill Ballhaus founded Blackboard in 2009 and led it as CEO. Blackboard had 145 employees (April 2021).

Blackboard FAQ

How much money does Blackboard make?

The most recent figure is $5.6M in annual revenue, from April 2021, before Blackboard bought the company.

Who owns Blackboard?

Blackboard owns Blackboard.

Is Blackboard publicly traded?

No. Blackboard is part of Blackboard.

How much funding has Blackboard raised?

$12M across 1 round; the latest was a $12M round in January 2009.

Who founded Blackboard?

Bill Ballhaus, in 2009.

How many employees does Blackboard have?

About 145 as of April 2021.

How this page is sourced

Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun Blackboard? Join the podcast