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April 6, 2012 12:21 am GMT
It seems it's a big news day for eBooks and eTextbooks. Google is winding down its eBook service for indie publishers, while Apple and top publishers are the subjects of domestic and European probes into eBook price-fixing. On top of that, Boston-based educational startup Boundless Learning, which is trying to offer students an open alternative to textbooks (and even eTextbooks), is itself on the receiving end of litigation, thanks to three top textbook publishers. But a little litigation isn't slowing down Boundless, as it today announced that it has closed an $8 million series A round, led by Venrock -- the VC firm that began as the original venture arm of the Rockefeller family. The sizable chunk of pre-launch funding adds to the $1.7 million seed round Boundless raised last year from Nextview, Founder Collective, Kepha, and SV Angel.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wMyVzWylyDs/
Publishers Sue As Boundless Learning Grabs $8M For An Open Alternative To Textbooks
It seems it's a big news day for eBooks and eTextbooks. Google is winding down its eBook service for indie publishers, while Apple and top publishers are the subjects of domestic and European probes into eBook price-fixing. On top of that, Boston-based educational startup Boundless Learning, which is trying to offer students an open alternative to textbooks (and even eTextbooks), is itself on the receiving end of litigation, thanks to three top textbook publishers. But a little litigation isn't slowing down Boundless, as it today announced that it has closed an $8 million series A round, led by Venrock -- the VC firm that began as the original venture arm of the Rockefeller family. The sizable chunk of pre-launch funding adds to the $1.7 million seed round Boundless raised last year from Nextview, Founder Collective, Kepha, and SV Angel.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wMyVzWylyDs/
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