Monday, June 22, 2009
Online Learning Firm With Links To USC Gets Funded
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. 2tor said it raised $10M in a Series A financing from Redpoint Ventures, along with Novak Biddle Venture Partnres and City Light Capital, for its service, which helps universities create online degree programs. The firm currently only offers one online program, from the University of Southern California's Rossier School of Education. That program, MAT@USC, offers a Master of Arts in Teaching through online courses. Redpoint's Martin is based in Los Angeles. 2tor also has offices just North of USC on Figueroa Street. More information »