Press Release

Instructure – $81 Million IPO

December 1, 2015

Palo Alto – December 1, 2015 – Cooley advised Instructure on its $81 million initial public offering. The company now trades on the NYSE under the symbol "INST." 

Instructure is an edtech company based in Salt Lake City, Utah. Instructure provides an innovative, cloud-based learning management platform for academic institutions and companies worldwide. Instructure built its learning management applications, Canvas, for the education market, and Bridge, for the corporate market, to enable customers to easily develop, deliver and manage engaging face-to-face and online learning experiences.

The Cooley corporate and securities team advising Instructure included John McKenna, Alan Hambelton, Julia Conway, Colleen Burns and Brian Woodard.

Critical support for the offering was provided by Mark Windfeld-Hansen and Lesse Castleberry (tax); Renee Deming and Paula Holland (compensation and benefits); and Chuck Schwab and Vince Sampson (regulatory).

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