BookRenter.com Receives $40,000,000 New Financing

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• 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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One response to “BookRenter.com Receives $40,000,000 New Financing”

1. Shane Ryans says:

   May 15, 2013 at 10:09 am

   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.