Universia operates as an educational portal representing universities and institutions. The company provides news and programs from other universities to university deans; resource library, educational material, and Web page for professors; information on universities, scholarships, exchange programs, and placement/job search portal for students; and job search portal for business sector. Its network promotes and facilitates the integration and development of university members in the knowledge and information society, as well as in the telecommunications sector. The company represents Latin America, Spain, and Portugal through the participation of various countries, including Argentina, Brazil, Chile, Colombia, Spain, Mexico, Peru, Puerto Rico, Uruguay, and Venezuela. Universia was founded in 2001 and is based in Madrid, Spain.