Capella University get $7.5 million investment
Schultz’s Seattle-based venture capital firm, Mav eron, said Thursday it has invested $7.5 million in Capella, a Minneapolis-based online university. Maveron will have a minority stake in Capella, and Maveron’s Jody Miller will be a “board observer,” a nonvoting member participating in board meetings and contributing to the direction of the company.
