$46M for Kno’s Digital Textbooks

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 the producer and host of the podcast Soonish and a contributing editor at Xconomy. Follow @soonishpodcast

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