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April 2, 2012 04:14 pm GMT

2tor Raises $26M D Round To Put Online Degrees In The Same Class As Their On-Campus Rivals

Screen shot 2012-04-02 at 4.56.12 AMIf you're unfamiliar with 2tor, this may do the trick. Today, the education startup is announcing that it has closed a $26 million Series D round of financing, led by The Hellman Company and Silicon Valley Bank Capital, with participation from its existing investors, which include Bessemer Venture Partners, Highland Capital Partners, Redpoint Ventures, Novak Biddle Venture Partners, and City Light Capital. The startup's significant new infusion of capital brings its total investment to just under $97 million, making it one of the highest-funded education startups in the country -- if not the top dog.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/b7kEsptCPCI/

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