User:M.nelson/Absorb Software

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User:M.nelson/Absorb Software

M.nelson/Absorb Software
FormerlyBlatant Media
TypePrivately held company
FounderMike Eggermont, Mike Owens
Headquarters
Calgary, Alberta
,
Canada
Area served
Worldwide
Key people
Mike Owens (CEO)
ProductsLearning Management Systems
OwnersSilversmith Capital Partners
Number of employees
255 (2019[1])

Absorb Software is a Calgary-based technology company that specializes in learning management system (LMS) software. Absorb Software was founded in 2003 as Blatant Media and by 2008 had 11 employees and expected C$2 million in sales.[2] It was renamed in 2017 to align with its flagship product, Absorb LMS, and later in 2017 received $59 million in funding led by Boston-based Silversmith Capital Partners.[3]

Absorb was named on The Globe and Mail's top small and medium-sized enterprises list in 2018, 2019, and 2020.[4][5][6]

In 2020, Absorb announced it would move its headquarters to the TELUS Sky tower in downtown Calgary.[7][8] Absorb also has offices in London, Dublin, Shanghai, Sydney, Boston, Tampa and Salt Lake City.[8]

Products

Absorb Software's flagship product is its learning management software platform, Absorb LMS. Absorb LMS was named one of the best Online Learning Platforms for business in 2019 by PCMag,[9] who praised its user interface, features, and filtering.[10] Absorb LMS is popular with customers moving from legacy systems because it's configurable to match a company's learning workflow rather than requiring the company to adjust its processes around the LMS.[11]

References

  1. ^ "Absorb Software Acquires ePath Learning, 3rd Acquisition in 2019" (Press release). Calgary, Alberta: Absorb Software. December 20, 2019. Retrieved March 20, 2020.
  2. ^ Parker, David (March 18, 2008). "Calgary firm's e-learning tools make global mark". Calgary Herald. Retrieved March 20, 2020.
  3. ^ Dorbian, Iris (September 16, 2017). "Absorb Software attracts $59 mln". PE Hub. Archived from the original on September 11, 2017. Retrieved March 20, 2020.
  4. ^ Jermyn, Diane (April 18, 2018). "Canada's Top SME Employers create forward-thinking, fun workplaces". The Globe and Mail. Retrieved March 20, 2020.
  5. ^ Jermyn, Diane (April 12, 2019). "Canada's Top SME Employers share a passion for growth". The Globe and Mail. Retrieved March 20, 2020.
  6. ^ Jermyn, Diane (June 16, 2020). "Meet Canada's top small and medium employers for 2020". The Globe and Mail. Retrieved August 2, 2020.
  7. ^ Parker, David (February 20, 2020). "Parker: Absorb Software a success story for Calgary's high-tech industry". Calgary Herald. Retrieved March 20, 2020.
  8. ^ a b Toneguzzi, Mario (February 13, 2020). "Calgary's TELUS Sky signs tech firm as an anchor tenant". Calgary: Real Estate News EXchange. Retrieved March 20, 2020.
  9. ^ Mclaughlin, Molly; Martinez, Juan (November 7, 2019). "The Best Online Learning Platforms for Business for 2019". PCMag. UK. Retrieved March 20, 2020.
  10. ^ Fenton, William; Mclaughlin, Molly (November 7, 2019). "Absorb LMS (Review)". PCMag. UK. Retrieved March 20, 2020.
  11. ^ Little, Bob (April 2011). "Reports of the Death of the LMS Have Been Greatly Exaggerated". eLearn Magazine. Retrieved March 20, 2020.

Category:2003 establishments in Alberta Category:Companies based in Calgary Category:Companies established in 2003 Category:Technology companies of Canada Category:Canadian companies established in 2003 Category:Technology companies established in 2003

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