$46M for Kno’s Digital Textbooks
Wade Roush9/8/10
Santa Clara, CA-based Kno, which is developing a two-panel tablet computer specialized for education, said today that it has raised $46 million in debt and equity financing from Andreesen Horowitz, Silicon Valley Bank, and TriplePoint Capital. “Kno is gearing up to launch the first digital device that we believe will fundamentally improve the way students learn,” Osman Rashid, Kno’s CEO and co-founder, said in a statement. Rashid, who formerly co-founded textbook rental startup Chegg, said the funding would “help us continue to deliver on our product roadmap and ultimately deliver on our vision to bring innovative digital technology to the world of education.”
Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.
Google Gets Instant Results, Investors Write Livescribe a Big Check, Willow … | Robolicious
9/13/10 11:35 am
[...] an e-book company in Santa Clara, CA, said it had raised $46 million in debt and equity financing from Andreessen Horowitz, Silicon Valley Bank, and TriplePoint Capital to pursue development of its [...]