Tag Archives: University of North Carolina-Chapel Hill

Gig.U Network Brings Super High Speed Internet to 28 Universities

A group of American universities have banded together to offer their campuses high speed computer networks beyond anything that is currently commercially available. The Gig.U project will offer one-gigabit connections to university campuses and their surrounding areas, which the project hopes will draw companies to the areas. The New York Times reports that in the test program in a small area near Case Western, three startups moved to the neighborhood within three months.

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2tor Raises $32 Million In Series C


2tor is an online education website that is based in New York City. The company has raised $32 million in Series C funding led by Bessemer Venture Partners. Previous investors that participated in this round include Highland Capital, Redpoint, City Light, and Novak Biddle. 2tor has raised a total of $65 million. 2tor is pursuing the higher education market and is partnering with graduate programs. 2tor plans on providing a technology platform for higher graduate programs to offer classes online.
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