Monday, April 2, 2012

2tor Gets $26M More

Online higher education startup 2tor, which has offices in Los Angeles and a prominent deal with the University of Southern California, said this morning that it has raised $26M in a Series D funding round. The round was led by The Hillman Company, and also included SVB Capital, WestRiver Capital, Bessemer Venture Partners, Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners and City Light Capital. 2tor develops online, college education degree programs, including a major deal with two of USC's schools to provide online degrees. 2tor powers MAT@USC, an online program for a Master of Arts in Teaching, granted by the University of Southern California Rossier School of Education, as well as MSW@USC, which grants a Master of Social Work from the University of Southern California School of Social Work. 2tor has an office up the street from USC near the Staples Center. More information »