Chegg Raises $57 Million
Chegg.com, a Santa Clara, Calif.-based online marketplace for textbook rentals, has raised $57 million in Series D funding. Insight Venture Partners led the round, and was joined by return backers like Kleiner Perkins Caufield & Byers, Foundation Capital, Gabriel Venture Partners and Primera Capital. Insight also led a $25 million credit facility, which is on top of a $30 million facility recently secured from Pinnacle Ventures and TriplePoint Capital.
19 November 2009•4 mins read
