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Online learning company 2U files for IPO of up to $100 million

22
Feb
2014

(Reuters) – 2U Inc, which builds online learning platforms, filed with U.S. financial regulators on Friday to raise up to $100 million in an initial public offering of common stock. The Landover, Maryland-based company provides cloud-based online learning platforms that help nonprofit colleges and universities in student enrollment, education, support and other services. Goldman Sachs & Co and Credit Suisse Securities (USA) LLC are the lead underwriters to the offering, the company said in a filing with the U.S. Securities and Exchange Commission.

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