This online-education platform, 2U Inc., will go public, trading on the Nasdaq and offering up to $100-million in common stock.
The money will be used to expand student enrollment and to fund technology and content development.
2U counts the University of California at Berkeley and the University of Southern California among its clients. In the filing, this company, with 265-full time employees, reported a revenue of $83.1 million and a net loss of $28 million.
