Modern Campus announced it has received a majority growth investment from firm Providence Equity Partners. Financial terms of the deal were not disclosed. Craig Chanoff was also appointed as the company’s new CEO, effective Aug. 25.
Modern Campus provides a learner-to-earner lifecycle platform used by more than 1,700 higher education institutions. Its suite of software solutions covers web content management, catalog and curriculum tools, student engagement platforms and workforce readiness systems.
With Providence’s backing, Modern Campus plans to accelerate product innovation, pursue strategic acquisitions and strengthen customer success initiatives. Under Chanoff’s leadership, the company aims to expand its impact in higher education by modernizing student experiences and scaling its technology offerings.
