BookRenter.com Receives $40,000,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3db72fc4-d9f4-4c60-ac37-a04189be6d46&Preview=1 - Date
2/23/2011 - Company Name
BookRenter.com - Mailing Address
155 Bovet Road San Mateo, CA 94402 - Company Description
Founded in 2006, BookRenter.com is the first online book rental service. BookRenter replaces traditional bookstore sales with online book rentals for students at schools throughout the nation. Flexible rental periods and a hassle free return process save customers up to 75% off retail price. These savings, along with a large title selection, five convenient rental periods, and free return shipping make BookRenter the best way to rent textbooks. - Website
http://www.bookrenter.com - Transaction Type
Venture Equity - Transaction Amount
$40,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The new round of funding will drive product innovation helping to enable BookRenter store partners to bring affordable education to their students. - M&A Terms
- Venture Investor
Adams Capital Management - Venture Investor
Comerica Bank - Venture Investor
Focus Ventures - Venture Investor
Lighthouse Capital Partners - Venture Investor
Norwest Venture Partners - Venture Investor
Storm Ventures
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When I Rent Textbooks:I use http://www.collegebookrenter.com the are a great online resource for Renting, Selling, and Searching Text books online. One of the largest wholesalers of college textbooks.