The funding was led by Highland Capital, and also included Redpoint Ventures, Novak Biddle Venture Partners, and City Light Capital. The firm also has significant operations in Los Angeles, just north of USC on Figueroa. Redpoint's Greg Martin, who is based in Los Angeles, represents the firm on 2tor's board. 2tor , a New York-based firm with strong links to the University of Southern California and a local Los Angeles office, has raised $20M in a Series B funding round. 2tor develops online degree programs for companies, including the University of Southern California's

A New York-based online learning firm with links to the University of Southern California has scored a round of funding, and added Redpoint's Greg Martin to its board, the firm said this morning. 2tor said it raised $10M in a Series A financing from Redpoint Ventures, along with Novak Biddle Venture Partnres and City Light Capital, for its service, which helps universities create online degree programs. The firm currently only offers one online program, from the University of Southern California's Rossier School of Education. That program, MAT@USC, ofers a Master of Arts in Teaching