2U, Inc.
Feb 21, 2017

Maryland-based 2U, Inc., Moves Into New Lanham Headquarters

Fully renovated facility will accommodate rapid growth as 2U targets the creation of more than 900 local jobs by the end of 2020

LANHAM, Md., Feb. 21, 2017 /PRNewswire/ -- 2U, Inc. (NASDAQ: TWOU), today relocated its headquarters to 7900 Harkins Road in Lanham, MD. The relocation, first announced last summer, will accommodate 2U's rapidly growing workforce as the company is targeting the creation of more than 900 jobs in the D.C. metropolitan area within the next five years. 2U partners with leading colleges and universities to deliver the world's best online degree programs.

"This is a momentous day for 2U, and I'm truly excited that we were able to deliver on the promise of a state-of-the-art facility for our employees," said Christopher "Chip" Paucek, 2U CEO and co-founder. "The new facility matches 2U's unique corporate culture and will serve as an innovative hub for our 1,200 employees and for 2U's current and future university partners, who visit often. I am deeply appreciative of the assistance received from the Maryland Department of Commerce and Prince George's County, which supported this investment through substantial loan funding. We look forward to continuing to develop, attract and retain local employees in the region for years to come."

At full capacity, the 309,303 sq. foot headquarters will house 2,100 employees throughout 12 floors and features wide, open floor plans, creative work spaces designed for collaboration and brainstorming, and standing desk stations. Employees will also have 24-hour access to a private fitness facility that features top-of-the-line equipment and more than 20 weekly classes, from cycling to yoga, taught by trained professionals. Beginning this spring, employees will enjoy outdoor garden working areas that feature Wi-Fi, comfortable seating and an event space. A full-service cafe area is also expected to open in April, with healthy and creative food options that employees can order online via mobile apps.

2U has experienced rapid growth in recent years, growing its workforce from 98 to more than 1,100 employees between 2010 and 2016. The new headquarters follows the opening of 2U's Denver office in 2015, and the company has recently announced plans to relocate its current Manhattan office to Brooklyn's DUMBO Heights, a collaborative and urban campus that houses top global creative industry firms. 2U has five office locations in the U.S. and one in Hong Kong.

2U's priority in developing a rewarding and high-energy work environment has earned consistent rankings on The Washington Post's "Top Workplaces" list and DC Inno's "Coolest Companies" list. 2U has also been ranked on Fast Company's recent "Most Innovative Companies in Education" list.

2U will host a grand opening event of its Lanham headquarters in March. 

About 2U, Inc. (NASDAQ:TWOU) 

2U partners with leading colleges and universities to deliver the world's best online degree programs so students everywhere can reach their full potential. Our Platform, a fusion of cloud-based software-as-a-service technology and technology-enabled services, provides schools with the comprehensive operating infrastructure they need to attract, enroll, educate, support and graduate students globally. Blending live face-to-face classes, dynamic course content and real-world learning experiences, 2U's No Back Row® approach ensures that every qualified student can experience the highest quality university education for the most successful outcome. To learn more, go to 2U.com.

Media contact:
Jemila Woodson

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