These five businesses are making their mark in the education space:
Desire2Learn: Based in Kitchener, Ont., it began making learning management systems for online classes in 1999. It's now used at more than 650 universities in 20 countries.
Knewton: An adaptive platform that uses artificial intelligence to personalize learning. Arizona State University was able to decrease course withdrawals and increase pass rates.
Coursera: Online courses taught by professors from 62 universities. Most classes are free and some count for university credit.
Top Hat Monocle: Students can use their own devices to answer questions in class. The company is building an integrated marketplace for professors to sell course content.
Smart Technology: Invented the interactive whiteboard in 1991, and since then it has sold more than two million units.