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Moodlerooms

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More About Us

We Like to Meet Entrepreneurs

While we invest at Series A (generally, when a company is over $2M in revenue), we like to meet founders before they’re raising their Series A – to build a relationship, learn more about the company, and allow them to get to know us.  Please do reach out.

New Markets Team

Mark Grovic

Co-Founder and General Partner

Recent Posts

Aug 30, 2012

1

min read

Moodlerooms

New Markets Exit: Blackboard Acquires Moodlerooms

A successful exit for New Markets earlier this year, Moodlerooms is an ideal example of our investment philosophy and process. Our...

Mar 26, 2012

3

min read

Moodlerooms

Blackboard Acquires Moodlerooms, Netspot

Blackboard Inc. announced a major investment in open source today with news that it has acquired Moodlerooms and NetSpot, two leading...

Dec 5, 2011

2

min read

Moodlerooms

Moodlerooms Recognized for Excellence in Six Categories of Education Technology

Moodlerooms, Inc., Moodle partner and provider of proven e-Learning solutions, announced today that it has been honored across six...

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Status

Realized

Location

Baltimore, MD

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Moodlerooms provides enterprise version, service, support, and hosting for the most recent versions of Moodle open source software, which has over 39M downloads. Moodle is the world's most widely used open-source learning management system.


Blackboard acquired Moodlerooms in 2012 together with another Moodle Partner, NetSpot, and hired the leader of another open source community, Sakai, to form the basis of their Open Source Services group in March of 2012. The strategic acquisition expanded Blackboard’s offerings to include open source alternatives providing customers with choices that were previously unavailable.

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