2tor Receives $22,000,000 Series B Round

  • Feed Type
  • Date
    2/16/2010
  • Company Name
    2tor
  • Mailing Address
    Chelsea Piers Pier 59 New York, NY 10011
  • Company Description
    Founded by a unique team of education veterans with unparalleled experience, 2tor Inc. is a private company that partners with preeminent institutions of higher education to deliver rigorous, selective degree programs online.2tor develops state-of-the-art technology platforms that enhance traditional offline curricula to create transformative instruction using the best educational and Web 2.0 technologies.
  • Website
    http://www.2tor.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $22,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company will use the funding from this financing to increase resources dedicated to developing new online programs with additional university partners.
  • M&A Terms
  • Venture Investor
    Highland Capital Partners
  • Venture Investor
    Redpoint Ventures
  • Venture Investor
    City Light Capital
  • Venture Investor
    Novak Biddle Venture Partners