AOL Time Warner Inc.'s investment arm has plunked down money in a start-up
that produces educational software.
AOL Time Warner Opportunity Investment
fund led the $9.5 million investment round for Test University Inc.
the market name TestU, the start-up, founded in 1999, creates and sells
Internet-delivered assessment and tutorial programs for high-school exit exams
and college-entrance tests, among other things.
TestU has entered in to strategic agreements with AOL@School and the Research
and Learn Channel on America Online Inc.'s Internet-service-provider service to
offer its products to AOL members.
The smarter way to stay on top of the multichannel video marketplace. Sign up below.
Thank you for signing up to Multichannel News. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.