Wednesday, March 23, 2011

Digital Textbook Startup Inkling Nabs ?Multi-Million Dollar? Investment From McGraw-Hill And Pearson

Inkling, a startup that develops an innovative digital textbook platform, has scored a 'multi-million dollar investment from educational content giants McGraw-Hill and Pearson. Current investors Sequoia Capital, Felicis Ventures, Kapor Capital, and Sherpalo Ventures also participated in the financing. The company, which previously raised an undisclosed Series A round of funding in August 2010, declined to reveal the exact amount of funding raised in this round. Inkling?s technology delivers interactive textbooks that include the ability to collaborate, add multimedia and communicate within content. The startup adds another layer to online textbooks by adding 3-D objects, video, quizzes, and even social interaction within the content. Inkling?s sync technology lets students collaborate in real time by sharing their notes and highlights with one another. And students can see comments from their friends and professors right alongside their own notes.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/r-J7MMINUB8/

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