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December 1, 2011 05:29 am GMT

Academia.edu Raises $4.5 Million To Help Researchers Share Their Scholarly Papers

academiashot1Academia.edu, a social network for researchers, is having a good year. In 2011 it's tripled its total registered userbase to 800,000, and today it's announcing some major news that ensures the site will be expanding well into the future: it's just raised $4.5 million in a funding round led by Spark Capital, with participation from True Ventures. This is the company's second round of funding, after a $2.2 million round in late 2009 (the investors from that round participated in this one as well).Academia.edu can be thought of as a social network for academics, in that it allows them to forge connections and follow updates around their field, but it has another benefit: it gives them a powerful, efficient way to distribute their research. Unlike, say, a personal website, which probably won't have much in the way of analytics or search engine optimization, Academia.edu will let researchers keep tabs on how many people are reading their articles with specialized analytics tools, and it also does very well in Google search results. Academics are uploading 2,500 articles to the site each day, and, as a result, the site is now drawing some 3 million unique visitors, many of whom are arriving at the site's articles via Google.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KTMQmhWsAOE/

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