Germany-based media company Bertelsmann and the university venturing fund it recently backed have joined venture firms Kapor Capital, Novak Biddle Venture Partners and Greylock Partners backing the on-line university network.

Germany-based media company Bertelsmann and University Ventures, the university venture fund it recently backed, have helped UniversityNow, an online university network, raise $17.3m on June 21. UniversityNow is also backed by venture firms including Kapor Capital, Novak Biddle Venture Partners and Greylock Partners. The deal has taken the total raised by the company to $21.5m…

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