Altius Education Obtains $8,000,000 Series A Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c10ce5d5-8590-44f5-846c-db466d19ecd3&Preview=1 -
Date
9/23/2009 -
Company Name
Altius Education -
Mailing Address
315 Montgomery St. San Francisco, CA 94104 -
Company Description
Altius Education, Inc. partners with academic institutions to help them unlock the potential of their existing curricula. By establishing separate legal entities and providing them with the key financial and strategic resources, we are able to transform academic institutions’ existing curricula into fully-formed online college programs. Our strategy is to identify gaps in the postsecondary education market and leverage our partnerships, capital, online learning capacity and marketing experience to create focused college programs to serve market needs. We have proven success with our first college, Ivy Bridge College, which provides innovative online associate degree programs with unparalleled access to mentoring and support and transferability to four-year colleges and universities. -
Website
http://www.altiused.com -
Transaction Type
Venture Equity -
Transaction Amount
$8,000,000 -
Transaction Round
Series A -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Maveron LLC -
Venture Investor
Spark Capital -
Venture Investor
Undisclosed
