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DigitalThink was an
electronic 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", ...
(eLearning) company. Founded in 1996 by
Umberto Milletti Umberto Milletti is the CEO and founder of InsideView, a San Francisco-based CRM intelligence company. The company is backed by Foundation Capital, Emergence Capital, Split Rock Partners and Rembrandt Venture Partners. It has raised a total of $4 ...
, Pete Goettner and Steve Zahm At one time it was termed a Business Solution Provider (BSP) but would likely be viewed in modern terms as a
software-as-a-service Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike oth ...
(
SaaS Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike oth ...
) model. DigitalThink was one of the first
eLearning 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", ...
companies to incorporate online mentors and tutors into their offering. A notable accomplishment of the company was to secure a deal with
McDonald's corporation McDonald's Corporation, doing business as McDonald's, is an American Multinational corporation, multinational fast food chain store, chain. As of 2024, it is the second largest by number of locations in the world, behind only the Chinese ch ...
to provide McDonald's with a global, web-based training program.


Acquisition by Convergys Corporation

The company was acquired in March 2004 by Convergys Corporation for $120 million, or approximately $2.40 per share.


References

{{reflist * * Training companies of the United States Software companies based in the San Francisco Bay Area Companies based in San Francisco Software companies established in 1996 1996 establishments in California Defunct software companies of the United States