2U, Inc. Named as One of 12 U.S. Global Growth Companies for 2014 by World Economic Forum
LANDOVER, Md. (October 22, 2014) – 2U, Inc. (NASDAQ: TWOU), a leading provider of cloud-based software-as-a-service solutions for nonprofit colleges and universities, has been named to the World Economic Forum's 2014 list of 12 U.S. Global Growth Companies (GGCs) representing the country's most dynamic and high-growth companies.
As a GGC inductee, 2U joins a global community of more than 370 companies across a broad cross section of industrial sectors that are considered trailblazers, shapers and innovators committed to improving the state of the world. According to the Global Economic Forum, the companies have a clear potential to become global economic leaders, and share a track record in exceeding industry standards in revenue growth, promotion of innovative business practices and demonstrated leadership in corporate citizenship.
"2U is honored to join the World Economic Forum's community of more than 370 Global Growth Companies committed to innovation and leadership," said Chip Paucek, CEO and co-founder of 2U, Inc. "We look forward to working with the World Economic Forum and our fellow GGCs to further our mission of enabling the world's best education opportunities so students everywhere can reach their full potential."
"When choosing entrants to our community of Global Growth Companies, we assess companies on their business model, annual revenues and growth rates, executive leadership and market position," said David Aikman, Managing Director and Head of the New Champions at the World Economic Forum. "2U, Inc. is a dynamic group with clear potential to shape the future in its relevant business sectors and so is a perfect fit to our GGC community."
The World Economic Forum is an international institution committed to improving the state of the world through public-private cooperation in the spirit of global citizenship. It engages with business, political, academic and other leaders of society to shape global, regional and industry agendas.
For more information on the World Economic Forum's Global Growth Companies, visit http://www.weforum.org/community/global-growth-companies.
Founded in 2008 by a team of education and technology veterans, 2U enables leading colleges and universities to deliver their high-quality education to qualified students anywhere. Our cloud-based software-as-a-service platform provides schools with the comprehensive operating infrastructure they need to attract, enroll, educate, support and graduate their students. Our mission is to enable the education our clients provide to reach its highest potential so students can reach theirs. To learn more, go to 2U.com.
Jemila Woodson
jwoodson@2u.com