Altius lands $8M to launch accredited online colleges
Venture Beat, September 23, 2009
Altius Education, a company that partners with real junior colleges and universities to run a cost-effective, accredited online degree program, has brought in $8 million in a first round of funding.
Recognizing the need to provide access to areas of study being trimmed from budgets, especially at the community college level, Altius launched Ivy Bridge College in 2007 — with help from Tiffin University in Ohio. The web site gives enrolled students a more affordable route into a four-year university, all online and remotely accessible for greater flexibility. The company also provides students with round-the-clock tutoring and a personal academic coach to help them through their studies.
