Blackboard Inc. is an educational technology company with corporate headquarters in Washington, D.C.. It is known for its Blackboard Learn learning management system. The company's CEO is Jay Bhatt, who has led Blackboard since October 2012. The firm provides education, mobile, communication, and commerce software and related services to clients including education providers, corporations and government organizations. The software consists of seven platforms called Learn, Transact, Engage, Connect, Mobile, Collaborate and Analytics that are offered as bundled software. The firm was founded by Michael Chasen, Matthew Pittinsky, Stephen Gilfus and Daniel Cane in 1997, and became a public company in 2004. It operated publicly until it was purchased by Providence Equity Partners in 2011. As of January 2014
US$ $1,624. million OpenText software applications manage content or unstructured data for most types of governance, efficiency and monetization requirements in large companies, government agencies and professional service firms. OpenText solutions are aimed at addressing information management requirements, including the management of large volumes of content, compliance with regulatory requirements, and mobile and online experience management.