Posted Oct 10, 2018, 11:28 PM
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Registered User
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Join Date: Dec 2012
Location: Chicago
Posts: 6,931
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In other news..
Big bucks for e-books: Redshelf raises $25M Series C to scale team and platform
https://www.builtinchicago.org/2018/...aises-series-c
Quote:
College textbooks aren’t cheap, but RedShelf just raised a hefty round of funding to make them more affordable — and easier to carry around.
The company, whose platform allows publishers and educational institutions to digitize their reading materials as e-textbooks, making them available on any connected device, just raised a $25 million Series C.
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“Over the next year, we’ll be adding anywhere between 30 to 40 new members to the team, with a focus on development and product talent. The depth of our development teams will be vital to our product expansion.”
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The company, which ranked at No. 121 on the 2018 Inc. 500 list, currently partners with over 600 campus bookstores to offer over half a million titles from 400 publishers. According to a press release issued at the time of the funding, the company has doubled its user growth year over year since 2012
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I think I read in another article that it started the year at 50 people and it's at 80 now. So another 30 to 40 means they'll have over doubled headcount.
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