Press Release April 10, 2014

Goodwin Procter Represents Underwriters in 2U Initial Public Offering

Goodwin Procter attorneys recently advised the underwriters in the 2U Inc. initial public offering of 9,175,000 shares of common stock. Goldman, Sachs & Co. and Credit Suisse Securities (USA), LLC acted as joint book-running managers for the offering.

Shares of 2U priced at $13.00 per share and began trading on the Nasdaq Global Select Market on Friday, March 28, 2014 under ticker symbol “TWOU.” The offering included 8,000,000 shares offered by 2U and 1,175,000 shares offered by selling stockholders.

2U, founded in 2008 by a team of education and technology veterans, enables colleges and universities to deliver high quality education to qualified students anywhere. The company’s cloud based software-as-a-service platform provides schools with the comprehensive operation infrastructure they need to attract, enroll, educate, support and graduate students.

The Goodwin team advising the underwriters in the IPO was led by partners Bill SchnoorMichael Minahan and Gregg Katz, and included associate Alexandra Denniston (ERISA), partner Joel Lehrer and associate Jeffrey Rummler (IP), counsel Jacqueline Klosek (Privacy) and partner Rob Hale (Employment). Partner Martin Carmichael provided additional support.

Additional information about the offering is available in the 2U press release.