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Article: Altius Education Raises $8 Million Series A Funding to Grow Online Higher Education Programs.(Company overview)
- Article from:
- Education Business Weekly
- Article date:
- October 7, 2009
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Altius Education Inc, a San Francisco-based for-profit company that partners with non-profit universities to launch fully accredited online colleges, announced that it has closed an $8 million Series A funding round co-led by Maveron LLC and Spark Capital along with participation from The Noah Fund. The company also announced the addition of Maveron Partner Amy Errett and Spark Capital Partner Alex Finkelstein to its board of directors.
"Maveron and Spark are ideal financial partners to help fuel our growth," said Altius Education CEO Paul Freedman. "Maveron has significant experience in developing high quality consumer brands, and is unmatched in its knowledge ...