Thursday, September 25, 2008

Cramster.com Finds $3M

Pasadena-based Cramster.com, an online community focused on students and homework, said today that it has raised $3M in a Series A funding round. The round was led by Mr. Shai Reshef, who the firm described as an online education industry veteran. Cramster.com operates an online community where students can share notes, practice exams, and help others through difficult homework problems; the site targets both college and high school students. Cramster said the funding will go to broaden its subject areas, accelerate new features, and create more awareness of the firm. According to Cramster.com, Reshef has been appointed chairman of the firm along with the funding. Reshef is the owner and chairman of Israeli education firm the Kidum Group, which he sold in 2005 to learning firm Kaplan. More information »

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