2Tor Raises Series D


2Tor Raises Series D

Apr 4, 2012

2tor: $26 million Series D for Landover, Md.-based 2tor. This brings its total venture funding to $94 million. The lead investor is an affiliate of the Hillman Company. New investors SVB Capital and WestRiver Capital participated in the round along with all of 2tor's existing investors: Bessemer Venture Partners, Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners and City Light Capital. CEO and cofounder Chip Paucek joins the 2tor board. Last week, 2tor announced its fifth partnership--a program with the University of North Carolina-Chapel Hill to offer a master's degree in public administration. 2tor also offers masters degrees in teaching (University of Southern Calif.), social work (USC), nursing (Georgetown) and business administration (UNC).

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