Daniel Cane

Last updated
Daniel Cane
Born
Daniel Cane

Lake Worth, Florida United States
Alma mater Cornell University
Occupation Entrepreneur
Organization Modernizing Medicine
Known forCo-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. He is currently the CEO and co-founder of Modernizing Medicine.

Contents

Biography

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 [1] 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. [2]

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.[ citation needed ]

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.[ citation needed ]

In July 2011 Blackboard was purchased for $1.6 Billion by Providence Equity Partners. [3]

Cane is currently the 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 five rounds of financing, the most recent round occurring in May 2017 with a $231 million investment by Warburg Pincus . [4] Since founding the company in 2010, Cane's company raised a total of nearly $300M in funding and hired almost 800 employees. [5]

In 2019, the company relocated their headquarters in Boca Raton, Fl to the 'old IBM campus' where the PC was first invented. [6]

Cane has been invited to speak at forums in Florida and other U.S. states, and in 2013 participated in The Human Experience, the first TEDx in Delray Beach. [7] At the United Nations headquarters in New York, he was a panel member at the United Nations Economic and Social Council's Civil Society Forum: “Building Partnerships in the Field of Education through Science, Technology and Innovation. [8] ” He has also spoken on South Florida Technology Alliance CEO panels and other local technology events.

Awards

See also

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References

  1. ↑ "Entrepreneur Stories: A look at the Florida Techie and Non-Techie Entrepreneurial Scene". Cornell Entrepreneur Network (CEN). Retrieved 11 December 2013.
  2. ↑ "Senior's company helps to produce Web pages for college courses".
  3. ↑ "Weil, Dewey Advise on $1.6B Education Deal"
  4. ↑ Dahlberg, Nancy. "Modernizing Medicine attracts $231 million private equity investment". Miami Herold. Retrieved 11 May 2017.
  5. ↑ "Modernizing Medicine announces more than 800 new jobs in Boca Raton".
  6. ↑ Pounds, Marcia. "Modernizing Medicine opens new headquarters at old IBM office in Boca Raton". SOUTH FLORIDA SUN SENTINEL. Retrieved 10 January 2019.
  7. ↑ Herrera, Maria. "TEDxDelrayBeach inspires, spreads innovative ideas". Sun Sentinel. Retrieved 11 December 2013.
  8. ↑ "FAU Participates in Forum on Technology and Education at the United Nations Headquarters in New York". Florida Atlantic University’s Department of Computer and Electrical Engineering and Computer Science. Archived from the original on 13 December 2013. Retrieved 11 December 2013.
  9. ↑ "Modernizing Medicine's Co-founder and CEO Daniel Cane Named EY Entrepreneur of the Year 2015 - MarketWatch". www.marketwatch.com. Archived from the original on 2019-08-26.
  10. ↑ "Modernizing Medicine CEO Daniel Cane Honored with Florida Business Ambassador Award".
  11. ↑ Gale, Kevin. "Inside the gala: The 2013 Palm Beach Ultimate CEO Awards". South Florida Business Journal. Retrieved 11 December 2013.
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