Altius Education Obtains $18,600,000 Series B Funding

  • Feed Type
  • Date
    11/18/2010
  • Company Name
    Altius Education
  • Mailing Address
    2 Embarcadero Center San Francisco, CA 94111
  • 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.
  • Website
    http://www.altiused.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $18,600,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Altius will use the new capital to continue the growth of its programs and expand the number of partnerships in its network.
  • M&A Terms
  • Venture Investor
    Charles River Ventures
  • Venture Investor
    Spark Capital
  • Venture Investor
    Maveron

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