2tor Raises $32.5M of Series C Funding

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C Round: $32,500,000

Founded: 2009
Industry: Education

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New York, New York – 2tor, a company that partners with universities to build, administer, and market online degree programs has raised $32.5M of Series C Funding from Bessemer Venture Partners and was backed by existing investors Highland Capital, Redpoint, Novak Biddle and City Light Capital. 2Tor has raised a total of $65 million since its formation on 2009.

The new funding will be used to support 2tor in expanding to more programs faster. 2tor is already offering in USC Master of Teaching and Social Work programs and will also launch a nursing program with Georgetown and an MBA program at UNC-Chapel Hill.


Funding Total: $32,500,000

Round Date Amount Pre Amount Post Amount
C 03/2011 $32,500,000
Investors: Bessemer Venture Partners, Highland Capital Partners, Novak Biddle Venture Partners, City Light Capital, Redpoint Ventures

See all fundings here


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