Chegg raises another round for book rentals | Startup Meme - Technology Startup and Latest Tech News

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Nov 10 2008

Chegg raises another round for book rentals

Sardar Mohkim Khan 

image thumb126 Chegg raises another round for book rentalsChegg a textbook rental startup that lets college students rent out books instead of buying them has raised a healthy sum of $15 million in their second round from Kleiner Perkins. The service saves students up to 80% a year on buying books by letting them search them online via ISBN, title or author name and getting on with the rentals. Upon completion of semester/term the students have to return those books using the pre-paid box they receive from Chegg. This has eased the burden on students pocket and with this rise in funding students will find more titles and a better facilities from the book rental service.

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