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Internet

AOL leads Net education investment

An investment group of AOL Time Warner said Tuesday that it has invested in Test University, which produces Internet-delivered educational software. The media giant led a $9.5 million investment round in the company along with Selway Partners and SCP Private Equity Partners. With the investment, TestU's Internet tutorial programs will be featured throughout the America Online service. Eventually AOL and TestU will offer a product to consumers that will let parents get involved in the tutorials.

An investment group of AOL Time Warner said Tuesday that it has invested in Test University, which produces Internet-delivered educational software. The media giant led a $9.5 million investment round in the company along with Selway Partners and SCP Private Equity Partners.

With the investment, TestU's Internet tutorial programs will be featured throughout the America Online service. Eventually AOL and TestU will offer a product to consumers that will let parents get involved in the tutorials.