Daniel Cane | |
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Born |
Daniel Cane Lake Worth, Florida United States |
Alma mater | Cornell University |
Occupation | Entrepreneur |
Organization | Modernizing Medicine |
Known for | Co-founder of Blackboard Inc along with Michael Chasen, Stephen Gilfus, Matthew Pittinsky |
Website | Official website |
Daniel Cane is a founder of Blackboard Inc. and CourseInfo LLC.
Cane grew up in Lake Worth, Florida United States, attended Lake Worth High School and graduated from Cornell University in Ithaca, New York 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 company focused on the development of a new course management system.
In 1998, CourseInfo LLC, founded by Cane and Stephen Gilfus, and Blackboard LLC, founded by Michael Chasen and Matthew Pittinsky merged to form Blackboard Inc. The 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 10GB 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 VC and was sold to 3Sixty Enterprises.
On July 2011 Blackboard was purchased for $1.6 Billion by Providence Equity Partners.
Cane is currently the President, CEO and co-founder of South Florida-based Modernizing Medicine, a healthcare IT company. Co-founded by Cane and Chief Medical Officer Michael Sherling, M.D., the company has had three rounds of financing, the most recent round occurring in August 2013 with a $14 million investment by Summit Partners. Since founding the company in 2010, Cane's company raised a total of nearly $50M in funding and hired almost 300 employees.