Press | Altius Education

Press

August 4, 2010

Mass High Tech

"At Boston’s Spark Capital, partner Alex Finkelstein likes both approaches he said, although he is most bullish on the one-to-many approach. Three of Finkelstein’s four investments for Spark have been in online education or training. Altius Education Inc. of San Francisco is a post-secondary school that partners with established brick-and-mortar colleges, 5min of New York is a repository of short-form video tutorials on all sorts of subjects, and Woburn’s 8D World Inc. provides an online virtual world for English-as-a-foreign-language (EFL) learners, mostly in Asia....."

VCs eye investments in online education models

July 27, 2010

The New York Times - Op Ed by Trustee Member Peter Salins

"IT is not a disagreement about expenditures or taxes that is preventing the New York State Legislature from passing a 2011 budget. No, it is a piece of legislation called the Public Higher Education Empowerment and Innovation Act, which has the enthusiastic backing of Gov. David Paterson and grudging approval from the State Senate, but is bitterly opposed by the Assembly and its speaker, Sheldon Silver....."

Stop Raiding the Ivory Tower

December 14, 2009

Lead Confidential

"Altius, as we found out from Founder and CEO Paul Freedman is Latin for “higher”, which makes the company name a clever, yet clear, description of their focus – the world of higher education. For another clue about Altius’s model, it helps to know something about the focus of the lead investor, Maveron who along with Spark Capital put an eye-opening $8 million into Altius’ Series A round..."

Altius Education

September 30, 2009

Reuters

"In the wake of the largest financial sector downturn in decades, venture capitalists have been frugal about funding most cash-hungry startups. One sector that's bucked the trend in recent months, however, is online education. To date this year, venture firms nationwide have invested in more than two dozen startups that are developing technologies and services for delivering academic courses and job training over the Internet..."

Altius raises $8 million for online education

September 25, 2009

SFGate

"Altius Education Inc., a San Francisco company that helps nonprofit universities launch for-profit online degree programs, has raised $8 million in Series A round. Founded in 2007, Altius has partnered with Ohio-based Tiffin University to offer online, two-year degree programs. The company says the recession has fueled demand for such online training..."

Venture Capital Watch

September 24, 2009

New York Times

"Altius Education, a company that partners with junior colleges and universities to try to run a cost-effective online degree program, has been awarded in $8 million in a first round of financing, VentureBeat reported. The round was led by Maveron and Spark Capital, and included participation from the Noah Fund..."

Altius Education Lands $8 Million