Maveron, Spark Lead $8M Round for Altius
Gregory T. Huang9/23/09
Seattle-based Maveron and Boston-based Spark Capital have co-led an $8 million Series A investment in Altius Education, based in San Francisco, according to a press release today. The Noah Fund also participated in the deal. Maveron was founded by Dan Levitan and Howard Schultz in 1998, and focuses on consumer and tech companies. Altius was born in 2007, and is developing online higher education programs through partnerships with nonprofit universities.
Gregory T. Huang is Xconomy's National IT Editor and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com, call him at 617-252-7323, or follow him on Twitter at @gthuang.
