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.
Before you go...
To keep our site paywall-free, we’re launching a campaign to raise $25,000 by the end of the year. We believe information about entrepreneurs and tech should be accessible to everyone and your support helps make that happen, because journalism costs money.
Can we count on you? Your contribution to the Technical.ly Journalism Fund is tax-deductible.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!