Fresh Capital

Online Higher Education Gets a Raise as 2tor Secures $26 M. in Series D Funding Round

It's about time gosh darn it!

Online learning platform 2tor today announced the close of a $26 million Series D funding round led by an affiliate of the Hillman Company. This brings the Chelsea Piers-based company’s total venture funding to $96 million. All previous investors—Bessemer Venture Partners, Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners and City Light Capital—who helped 2tor raise $32.5 million just over a year ago decided to come back. Joining them were new investors SVB Capital and WestRiver Capital. Read More

Funding

Big Firms are Giving Smaller VCs Exit Envy

Big Dog Little Puppy

Betabeat has already noted the prevailing winds of venture capital class warfare–with equity in hot start-ups, access to dealflow, and ability to raise capital separates “the haves from the have nots.” But as the IPO wave has started to crest, even fewer names have risen to the top. And if the Wall Street Journal‘s numbers are any indicator, it’s given some VCs cause for a little reverse schadenfreude. Read More