Tech Company Financing Transactions

2U Funding Round

2U, operating out of Lanham, received $10 million from Redpoint Ventures, City Light Capital and Novak Biddle Venture Partners.

Transaction Overview

Company Name
Announced On
6/22/2009
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors

Redpoint Ventures (Lead Investor) (Gregory Martin)

City Light Capital (Josh Cohen)

Novak Biddle Venture Partners (Philip Bronner)

Proceeds Purpose
The company will use the funding from this financing to increase resources dedicated to student recruitment efforts and marketing.

Company Information

Company Status
Publicly-held
Industry
EdTech
Mailing Address
7900 Harkins Rd.
Lanham, MD 20706
USA
Website
Email Address
Overview
2U Inc. is an education technology company that partners with top colleges and universities to bring their degree programs and credit-bearing courses online.
Profile
2U LinkedIn Company Profile
Social Media
2U Company Twitter Account
Company News
2U News
Facebook
2U on Facebook
YouTube
2U on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Chip Paucek
  Chip Paucek LinkedIn Profile  Chip Paucek Twitter Account  Chip Paucek News  Chip Paucek on Facebook
Chief Financial Officer
Cathy Graham
  Cathy Graham LinkedIn Profile  Cathy Graham Twitter Account  Cathy Graham News  Cathy Graham on Facebook
Chief Marketing Officer
Harsha Mokkarala
  Harsha Mokkarala LinkedIn Profile  Harsha Mokkarala Twitter Account  Harsha Mokkarala News  Harsha Mokkarala on Facebook
Chief Technical Officer
James Kenigsberg
  James Kenigsberg LinkedIn Profile  James Kenigsberg Twitter Account  James Kenigsberg News  James Kenigsberg on Facebook
Executive Vice President
Andrew Hermalyn
  Andrew Hermalyn LinkedIn Profile  Andrew Hermalyn Twitter Account  Andrew Hermalyn News  Andrew Hermalyn on Facebook
VP - General Counsel
Todd Glassman
  Todd Glassman LinkedIn Profile  Todd Glassman Twitter Account  Todd Glassman News  Todd Glassman on Facebook
VP - Sales
Gabriel Bustamante
  Gabriel Bustamante LinkedIn Profile  Gabriel Bustamante Twitter Account  Gabriel Bustamante News  Gabriel Bustamante on Facebook


 

 

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Prev: 6/22/2009: oneTXT venture capital transaction
Next: 6/23/2009: Puppet venture capital transaction

 

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