Investors, Required - Written by on Tuesday, April 26, 2011 19:34 - 0 Comments

K12 Inc. receives $125 Million from TCV

TCV (Technology Crossover Ventures) agreed to purchase minority stake valued at $125 Million in K12 to support the company’s expansion. K12 is one of America’s largest provider of curriculum and online education programs for students in kindergarten through high school.

Jake Reynolds, a general partner of TCV, will join K12’s board. ”We believe K12 is now well positioned to build on its proven success in expanding the global markets for its popular online education solutions.”  
-WA

http://www.examiner.com/online-learning-in-washington-dc/herndon-s-k12-inc-obtains-125-million-funding-for-online-education-service



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