“One reason online education isn’t that good is I don’t think it is trying to be that good,” says John Katzman, the CEO of 2tor, an online education startup that is trying to break that mold. The company, headquartered in New York City’s Chelsea Piers, just raised a $32.5 million series C financing, led by Bessemer Venture Partners. All of its existing investors—Highland Capital, Redpoint… → Read More
Every year as broadband reaches more people, online education keeps growing and growing. So far, though, most online education focusses on vocational courses, test preparation, or supplemental tutoring. One startup trying to bring entire degree programs online is 2tor, which just closed a $20 million Series B funding at a rumored valuation of around $100 million. Highland Capital Partners led… → Read More
2tor, a startup that helps universities administer classes and degree programs online, closed $10 million in Series A financing round led by Redpoint Ventures, Novak Biddle Venture Partners and City Light Capital participating.
Launched earlier this year, 2tor partners with universities to build, administer, and market online degree programs. The company says it will use the funding to increase… → Read More