New York-based 2tor, the online education startup which powers online degree programs from the University of Southern California (USC) and others, has raised $32.5M in a Series C funding. Greg Martin, of Los Angeles-based Archer Venture Capital, sits on 2tor's board. The funding came from Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners, and CityLight. 2tor also has operations near USC. More information »