Riley Kennysmith | August 19, 2011 | 352 views | Add a Comment
Categorized under Chegg, Courserank, Cramster.com, Notehall, Student of Fortune

Online textbook rental service Chegg announced today that it has acquired Student of Fortune, a site where students tutor each other. Chegg also recently acquired Cramster, Notehall and CourseRank. With each acquisition the company becomes more than a textbook service, as their newly-revamped website now features a “homework help” section and courses section that offers schedules, reviews and grades distributions. Chegg also now offers an HTML5-based e-reader for textbooks. [Mashable]
Amit Chowdhry | August 2, 2011 | 407 views | Add a Comment
Categorized under Alan Martin, BookRenter.com, CampusBookRentals.com, Chegg, Cherokee & Walker, Five Elms Capital, Level Equity

CampusBookRentals.com is a company that allows customers across 5,600 college campuses to rent textbooks online. CampusBookRentals.com announced a round of growth financing with total equity and credit facilities of over $20 million. CampusBookRentals.com competes directly with Chegg.com and BookRenter.com.

Riley Kennysmith | July 18, 2011 | 611 views | Add a Comment
Categorized under Amazon, Amazon Cloud, Amazon Kindle, Amazon Whispersync, Chegg, Inkling, Kindle Textbook Rental, Kno

Amazon is now offering Kindle Textbook Rental, giving students digital textbooks for up to 80% off. TechCrunch reports that the service allows students to customize their rental, so they only pay to have the book as long as they need it—anywhere from 30 to 360 days. In addition, Amazon’s Whispersync technology allows students to keep their notes in the Amazon Cloud, and Amazon offers to continue this storage past the end of a rental period.

Amit Chowdhry | February 2, 2011 | 1,184 views | Add a Comment
Categorized under Chegg

Online textbook rental service Chegg.com is in talks with bankers about a possible IPO. Chegg raised $75 million in funding last autumn, which brought them to a total of $219 million. On SharesPost, it appears that someone wants to buy 20,000-30,000 shares of Chegg at $6.50 per share.
Amit Chowdhry | January 5, 2011 | 710 views | Add a Comment
Categorized under Chegg, Esther Lam, Tom Dillon

Online textbook rental company Chegg.com has announced that they have hired two new executives: Tom Dillon is now the senior VP of distribution and Esther Lam is now the company chief marketing officer.

Amit Chowdhry | December 8, 2010 | 601 views | Add a Comment
Categorized under Aaron Hawkey, Chegg, Cramster.com, Kaveh Golabi, Primera Capital, Robert Angarita, Shai Reshef

Cramster.com, an online homework help website created by Aaron Hawkey, Robert Angarita, and Kaveh Golabi, has been acquired by Chegg.com. The transaction details were undisclosed. Chegg said that this acquisition will add to their textbook rental and course planning services. Cramster had raised $9 million in funding from Primera Capital and Shai Reshef. Cramster has about 1 million users.
Amit Chowdhry | September 27, 2010 | 1,476 views | Add a Comment
Categorized under Ace Limited, Chegg, Foundation Capital, Insight Venture Partners, Iowa State University, Kleiner Perkins, Kleiner Perkins Caufield & Byers

Chegg is a very popular online textbook rental service. Chegg has recently raised $75 million from Ace Limited, an Asian-based investment firm. Chegg had $144 million of funding before this. Other venture firms that put money into Chegg include Kleiner Perkins, Foundation Capital, and Insight Venture Partners.

Amit Chowdhry | March 17, 2010 | 1,565 views | Add a Comment
Categorized under Barry McCarthy, Chegg, Netflix

Netflix, Inc. (NASDAQ:NFLX) Chief Financial Officer Barry McCarthy will join the board of directors of Chegg Inc. Chegg is a Santa Clara, California based company where people can rent textbooks. There is about 4.2 million textbooks in their collection. [San Francisco Business Times]