Mozy Founder Josh Coates launches Instructure today. He’s hoping to disrupt the entrenched player in the University LMS space, Blackboard, and take a big part of its $377 million or so in revenue.
In 2007 EMC acquired Mozy, an online backup solution, for $76 million. Coates stayed for another year, then left.
Since then he’s been helping Nepalese refugees integrate into American society, and he’s a big WWII buff. He purchased and restored a M18 Hellcat Tank Destroyer. You can see the restoration process here (he keeps it in his garage). And here’s a video of his wife blowing the crap out of the side of a gravel pit.
I like how Coates rolls. The guy has a fully operational M18 Hellcat Tank Destroyer in his garage.
When he’s not blowing things up or helping other people, he teaches a venture startup course at Brigham Young University. And that’s where two of his students came up with the idea of making a better Blackboard. If you’ve been in college in the U.S. since around 2000, you’ll know all about Blackboard.
Last year the company raised around $1.5 million, nearly half from Coates himself, and got to work. They now have 20 employees and working with twenty six educational institutions, some of which have left Blackboard entirely.
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Instructive is offering their Canvas LMS product as a hosted SaaS solution. Universities can also download an unsupported open source version of the product, or install a for-fee version with support.
Here’s a commercial the team created for the product, based on the Apple “1984” commercial. That flamethrower is also his. Watch to the very end to really see it in action.
[youtube=http://www.youtube.com/watch?v=dCIP3x5mFmw&w=630&h=390]