Maveron Invests in Latimer Education

4/1/10

Seattle-based venture firm Maveron announced today it has invested in a $1.25 million financing round for Latimer Education, a company based in Washington, DC, that is developing an online university focused on African-American students. Angel investors and the company’s founders also participated in the round. Jason Stoffer and Amy Errett from Maveron are joining Latimer’s board. In the online education sector, Maveron has previously invested in Capella Education Company, Livemocha, and Altius Education.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com or call him at 617-252-7323. Follow @

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