2tor Garners $10,000,000 New Funding

  • Feed Type
  • 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
  • Venture Investor
    Comerica Bank

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