2tor Garners $10,000,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ebeae564-9f0a-430f-8112-da421611830b&Preview=1 -
Date
4/18/2012 -
Company Name
2tor -
Mailing Address
60 Chelsea Piers New York, NY 10011 -
Company Description
Founded by a unique team of education veterans with unparalleled experience, 2tor Inc. is a private company that partners with preeminent institutions of higher education to deliver rigorous, selective degree programs online.2tor develops state-of-the-art technology platforms that enhance traditional offline curricula to create transformative instruction using the best educational and Web 2.0 technologies. -
Website
http://www.2tor.com -
Transaction Type
Debt -
Transaction Amount
$10,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The new credit line will provide 2tor the flexibility required to fund its growth and execute on strategic initiatives. -
M&A Terms
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Venture Investor
Comerica Bank
