Startups
Investing

Landover-based edtech company 2U files for IPO

Landover, Md.-based edtech company 2U (formerly 2Tor) filed on Feb. 21 with the SEC to raise up to $100 million for an initial public offering.

Image from 2U's IPO filing.

Landover, Md.-based edtech company 2U (formerly 2Tor) filed on Feb. 21 with the SEC to raise up to $100 million for an initial public offering.
As Technical.ly Baltimore has reported, 2U assembles for-credit, online degree programs with universities, and then offers those degree programs to students through its web platform.
The company” booked $83 million in sales for the fiscal year ended December 31, 2013,” according to Nasdaq.com. In October the company closed a $31 million equity funding round.
 

Companies: 2U
Engagement

Join the conversation!

Find news, events, jobs and people who share your interests on Technical.ly's open community Slack

Trending

This Black gaming advocate has a mission to transform education through esports

This Week in Jobs: Get out there with 22 new job opportunities available to you!

This national network empowers Black nonprofit leaders through community, capital and capacity

'Be bold': This digital innovation and business strategist urges fellow women leaders to be their authentic selves

Technically Media