USA, Altius Education Raises $8M Series A Funding

Altius Education Inc., a company that partners with non-profit universities to launch accredited online colleges, closed an $8m Series A funding round co-led by Maveron LLC and Spark Capital along with participation from The Noah Fund.
The San Francisco-based company will use the funds to fuel the growth of Ivy Bridge College, an online two-year program that provides students an accredited path to admittance into a high quality four-year university program, and launch additional programs in other educational areas such as preparing students for careers in a sustainable economy and addressing the shortage of qualified workers in the healthcare industry.
Altius Education also announced the addition of Maveron Partner Amy Errett and Spark Capital Partner Alex Finkelstein to its board of directors.


FinSMEs

23/09/2009

Join the discussion