Online-Education Platform 2U Inc. Plans to Go Public

By Megan O'Neil. 2U Inc., an online-education platform that counts the University of California at Berkeley and the University of Southern California among its clients, filed plans on Friday for an initial public offering of up to $100-million in common stock. The company did not disclose the stock’s IPO price. The money will be used to expand student enrollment and to fund technology and content development, the company said. 2U develops and services cloud-based education software used by colleges to deliver courses, and sometimes entire degrees, online. Read more...