Monday, June 22, 2009
2tor lands $10 million in VC to increase university market
Launched earlier this year, 2tor partners with universities to build, administer, and market online degree programs. Having just closed $10 million in Series A financing from Redpoint Ventures, Novak Biddle Venture Partners and City Light Capital, the company says it will use the funding to increase resources dedicated to student recruitment efforts and marketing. Currently, 2tor has partnered with the University of Southern California’s School of Education to launch MAT@USC, a graduate teaching program delivered online.