New For-Profit Education Venture Will Develop an Online University to Serve African-Americans
Latimer Education, Inc, a for-profit education company that is developing an online university for African-Americans, has received backing from Maveron LLC and recently raised $1.25 million dollars in financing.
Scott Royster and Brian Jones are founding members of Latimer. Mr. Royster is a former business executive with Radio One, Inc. and Mr. Jones is the former General Counsel of the U.S. Department of Education and the current Chairman of the Washington, DC Public Charter School Board.
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