2U Named Tech Company of the Year by Maryland's Chesapeake Regional Council
LANDOVER, Md. – March 27, 2015 – 2U, Inc. (NASDAQ: TWOU), a leading provider of cloud-based software-as-a-service technology fused with technology-enabled services that enable leading nonprofit colleges and universities to deliver their high-quality degree programs online, today announced it was named Tech Company of the Year at the Chesapeake Regional Tech Council's (CRTC) 2015 TechAwards.
The 10th annual CRTC TechAwards honored rising tech companies and outstanding innovators in and around the Annapolis-Washington-Baltimore region at a ceremony hosted last night in Baltimore. More than 60 awards submissions were received for six award categories.
"It is an honor to be recognized by the Chesapeake Regional Tech Council – an organization that propels the advancement of technology among innovators in our region," said James Kenigsberg, 2U Chief Technology Officer. "Technology enables all aspects of 2U's work to support the growth of our non-profit university partners. Over the last six years, our cloud-based software-as-a-service platform has helped our partners attract, enroll and teach more than 10,000 students representing 50 states and over 60 countries."
The CRTC TechAward recognition follows other recent 2U awards, including recognition as one of the Best Places to Work in 2015 for medium sized companies by Glassdoor, and 'IPO of the Year' by Washington Business Journal.
2U recently announced a partnership with Yale School of Medicine for an online Master of Medical Science degree. 2U partner programs include MSW@USC with the University of Southern California School of Social Work, Communications@Syracuse with Syracuse Newhouse School of Public Communications and DataScience@SMU with Southern Methodist University.
About 2U, Inc. (NASDAQ: TWOU)
2U, Inc., partners with leading colleges and universities to deliver the world's best online degree programs so students everywhere can reach their full potential. Our cloud-based software-as-a-service platform provides schools with the comprehensive operating infrastructure they need to attract, enroll, educate, support and graduate students globally. Blending live face-to-face classes, dynamic course content and real-world learning experiences, 2U's No Back Row™ approach ensures that every qualified student can experience the highest quality university education for the most successful outcome. Learn more at 2U.com.
About Chesapeake Regional Tech Council
Founded in 1992, the Chesapeake Regional Tech Council (CRTC) energizes and propels the advancement of technologies with the exchange of ideas, expertise and business and partnership opportunities. The CRTC is a resource for visibility, connections, knowledge and education for technology companies in and around the Annapolis-Washington-Baltimore area, attracting new technology companies to the region and helping emerging technology companies grow and prosper in this increasingly dynamic environment. The CRTC is a non-profit membership organization supported by a grant from the Maryland Department of Business and Economic Development (MD DBED) and a grant from the Anne Arundel Economic Development Corporation (AAEDC) and enabled by membership and annual sustaining sponsorship. More than 300 businesses from the Annapolis-Washington-Baltimore area are members of the council, including many of the area's well-known leading technology companies. For more information, go to http://www.chesapeaketech.org
Jemila Woodson, 2U, Inc.