Daniel Cane
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Daniel Cane is a founder of Blackboard Inc. and CourseInfo LLC. As of 2013, he is the CEO and co-founder of
Modernizing Medicine Modernizing Medicine, Inc., is a United States software company headquartered at the Boca Raton Innovation Campus in Boca Raton, Florida. The company was founded in 2010 by Daniel Cane, CEO and co-founder of Blackboard, Inc., and Dr. Michael She ...
.


Biography

Cane grew up in
Lake Worth, Florida Lake Worth Beach, previously named Lake Worth, is a city in east-central Palm Beach County, Florida, United States, located about north of Miami. The city's name is derived from the body of water along its eastern border known as the Lake Wort ...
, attended Lake Worth High School and graduated from
Cornell University Cornell University is a Private university, private Ivy League research university based in Ithaca, New York, United States. The university was co-founded by American philanthropist Ezra Cornell and historian and educator Andrew Dickson W ...
in
Ithaca, New York Ithaca () is a city in and the county seat of Tompkins County, New York, United States. Situated on the southern shore of Cayuga Lake in the Finger Lakes region of New York (state), New York, Ithaca is the largest community in the Ithaca metrop ...
in 1997 with a Bachelor of Science degree from the undergraduate business program at Cornell University Department of Applied Economics and Management. In 1997, during his senior year at Cornell, he co-founded CourseInfo LLC, a small
e-learning Educational technology (commonly abbreviated as edutech, or edtech) is the combined use of computer hardware, software, and educational theory and practice to facilitate learning and teaching. When referred to with its abbreviation, "EdTech" ...
company focused on the development of a new course management system. In 1998, CourseInfo, founded by Cane and Stephen Gilfus, and Blackboard, founded by Michael Chasen and Matthew Pittinsky, merged to form Blackboard Inc. Its first line of e-learning products was branded ''Blackboard CourseInfo'', but the CourseInfo brand was dropped in 2000. In February 2009, Cane left Blackboard to found Kadoo, a web service that gives users 10 gigabytes of free space to upload and share photos, videos, files or other digital assets. The site owner retains control over their file space in the cloud. Cane created a social-sharing platform based on the concepts of relationship context searching. The Kadoo platform enabled the person sharing the information to control who had access and revoke permissions after the fact. Kadoo raised $5M in venture capital and was sold to 3Sixty Enterprises. In July 2011 Blackboard was purchased for $1.6 billion by
Providence Equity Partners Providence Equity Partners L.L.C. is a specialist private equity investment firm focused on media, communications, education, and technology investments across North America and Europe. The firm specializes in growth-oriented private equity inves ...
. As of 2013, Cane is the CEO and co-founder of South Florida-based
Modernizing Medicine Modernizing Medicine, Inc., is a United States software company headquartered at the Boca Raton Innovation Campus in Boca Raton, Florida. The company was founded in 2010 by Daniel Cane, CEO and co-founder of Blackboard, Inc., and Dr. Michael She ...
, a healthcare IT company. Co-founded by Cane and Chief Medical Officer Michael Sherling, M.D., the company has had five rounds of financing, the most recent round occurring in May 2017 with a $231 million investment by
Warburg Pincus Warburg Pincus LLC is a global private equity firm, headquartered in New York City, with offices in the United States, Europe, Brazil, China, Southeast Asia and India. Warburg has been a private equity investor since 1966. As of April 2024 the f ...
. Since founding the company in 2010, Cane's company raised a total of nearly $300M in funding and hired almost 800 employees. In 2019, the company relocated their headquarters in Boca Raton, Florida, to the campus where the
IBM PC The IBM Personal Computer (model 5150, commonly known as the IBM PC) is the first microcomputer released in the List of IBM Personal Computer models, IBM PC model line and the basis for the IBM PC compatible ''de facto'' standard. Released on ...
was first invented. Cane has been invited to speak at forums in Florida and other U.S. states, and in 2013 participated in The Human Experience, the first
TEDx TED Conferences, LLC (Technology, Entertainment, Design) is an American-Canadian non-profit media organization that posts international talks online for free distribution under the slogan "Ideas Change Everything" (previously "Ideas Worth Sprea ...
in
Delray Beach Delray Beach is a city in Palm Beach County, Florida, United States. The population of Delray Beach as of April 1, 2020, was 66,846 according to the 2020 United States Census. Located in the Miami metropolitan area, Delray Beach is 52 miles (83 ...
. At the
United Nations The United Nations (UN) is the Earth, global intergovernmental organization established by the signing of the Charter of the United Nations, UN Charter on 26 June 1945 with the stated purpose of maintaining international peace and internationa ...
headquarters in New York, he was a panel member at the
United Nations Economic and Social Council The United Nations Economic and Social Council (ECOSOC) is one of six principal organs of the United Nations, responsible for coordinating the economic and social fields of the organization, specifically in regards to the fifteen specialized ...
's Civil Society Forum: “Building Partnerships in the Field of Education through Science, Technology and Innovation.” He has also spoken on South Florida Technology Alliance CEO panels and other local technology events.


Awards

*EY Entrepreneur of the Year (2015) *Florida Business Ambassador Award *
Sun Sentinel The ''Sun Sentinel'' (also known as the ''South Florida Sun Sentinel'', known until 2008 as the ''Sun-Sentinel'', and stylized on its Nameplate (publishing), masthead as ''SunSentinel'') is the main daily newspaper of Fort Lauderdale, Florida, ...
Excalibur award (2013) *Top Power Leader in Healthcare, South Florida Business Journal (2013) *Health Care Innovation Hero in Medicine, Palm Beach County Medical Society Services (2013) *Ultimate CEO Award, ''
South Florida Business Journal American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes ''The Business Journals'', which contains local business news for 44 markets in the United States with each market ...
'' (2013) *2012 Governor's Innovators in Business Award - Governor's Innovators Under 40 (2012) *Entrepreneur Award, Best Startup, South Florida Business Journal (2011) *Elected Vice chairman of the Board of Trustees FAU (2013)


See also

*
History of virtual learning environments A Virtual Learning Environment (VLE) is a system specifically designed to facilitate the management of educational courses by teachers for their students. It predominantly relies on computer hardware and software, enabling distance learning. In N ...
* History of virtual learning environments 1990s * CourseInfo * Blackboard Inc. *
Modernizing Medicine Modernizing Medicine, Inc., is a United States software company headquartered at the Boca Raton Innovation Campus in Boca Raton, Florida. The company was founded in 2010 by Daniel Cane, CEO and co-founder of Blackboard, Inc., and Dr. Michael She ...


References


External links


www.blackboard.comwww.modmed.com
{{DEFAULTSORT:Cane, Daniel American computer businesspeople Living people Businesspeople from New York (state) Cornell University alumni Year of birth missing (living people)