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2U Raises $120M In IPO

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2U , an online education company which has significant operations in Los Angeles, has had a successful IPO on the NASDAQ Global Market, debuting Friday morning as TWOU. Those investments were led by former Redpoint VC Greg Martin. Redpoint Ventures owned 23.2 Redpoint Ventures owned 23.2 percent at 13.95 percent at 13.95

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Online Learning Firm With Links To USC Gets Funded

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A New York-based online learning firm with links to the University of Southern California has scored a round of funding, and added Redpoint's Greg Martin to its board, the firm said this morning. The firm currently only offers one online program, from the University of Southern California's Rossier School of Education.

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2tor Scores $20M

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2tor , a New York-based firm with strong links to the University of Southern California and a local Los Angeles office, has raised $20M in a Series B funding round. The funding was led by Highland Capital, and also included Redpoint Ventures, Novak Biddle Venture Partners, and City Light Capital. READ MORE>>.

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2tor Finds $32.5M

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New York-based 2tor , the online education startup which powers online degree programs from the University of Southern California (USC) and others, has raised $32.5M in a Series C funding. The funding came from Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners, and CityLight.

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2tor Gets $26M More

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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. 2tor has an office up the street from USC near the Staples Center.

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2tor Gets $10M Line Of Credit

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According to 2tor, the credit line comes from Comerica Bank, and will be used to fund growth and its strategic initiatives. READ MORE>>.

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Los Angeles Venture Investors Get Their Mojo Back

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Local investments funds have had issues raising their new funds, and venture investors had started to hunker down with their portfolios, waiting for some sign of a thaw in the exit environment. For several years, the phrase "Los Angeles Venture Capitalist" had almost become an oxymoron.