Tech Company Financing Transactions
2U Funding Round
2U closed a $10 million venture capital round on 4/18/2012. Investors included Comerica Bank.
Transaction Overview
Company Name
Announced On
4/18/2012
Transaction Type
Debt
Amount
$10,000,000
Round
Undisclosed
Investors
Comerica Bank (Justin Swietlik)
Proceeds Purpose
The new credit line will provide 2tor the flexibility required to fund its growth and execute on strategic initiatives.
Company Information
Company Status
Publicly-held
Industry
EdTech
Mailing Address
7900 Harkins Rd.
Lanham, MD 20706
USA
Lanham, MD 20706
USA
Phone
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chip Paucek
Chief Financial Officer
Cathy Graham
Chief Marketing Officer
Harsha Mokkarala
Chief Technical Officer
James Kenigsberg
Executive Vice President
Andrew Hermalyn
VP - General Counsel
Todd Glassman
VP - Sales
Gabriel Bustamante
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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