Tech Company Financing Transactions

2U Funding Round

On 4/2/2012, 2U raised $26 million in Series D funding from Hillman Company, Bessemer Venture Partners and City Light Capital.

Transaction Overview

Company Name
2U
Announced On
4/2/2012
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Series D
Investors

Hillman Company (Lead Investor) (Talbott Simonds)

Bessemer Venture Partners (Robert Stavis)

City Light Capital (Josh Cohen)

Highland Capital Partners (Alexander Taussig)

Novak Biddle Venture Partners (Rogers Novak)

Redpoint Ventures (Gregory Martin)

SVB Financial Group

WestRiver Capital

Proceeds Purpose
The Series D round of financing will support the launch of new partnerships with select universities.

Company Information

Company Status
Publicly-held
Industry
EdTech
Mailing Address
7900 Harkins Rd.
Lanham, MD 20706
USA
Phone
(301) 892-4350
Website
www.2u.com
Email Address
[email protected]
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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