Learning Machine, a blockchain credentialing startup that grew out of the MIT Labs, has been acquired by enterprise content management company Hyland.
Hyland is known for its OnBase solution, employs 3,500 people, and is estimated to have earned $700 million in revenues in 2018. The company is owned by private equity firm Thoma Bravo which recently acquired JD Power.
Learning Machine secured a $3 million seed round in 2018 and started out focusing on education, to provide credentials for diplomas and exams.
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