Tech Company Financing Transactions

BookRenter.com Funding Round

BookRenter.com closed a $10 million Series B funding round on 6/3/2010. Investors included Norwest Venture Partners, Adams Capital Management and Storm Ventures.

Transaction Overview

Company Name
Announced On
6/3/2010
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors

Norwest Venture Partners (Lead Investor) (Sergio Monsalve)

Adams Capital Management (George Ugras)

Storm Ventures (Alexander Mendez)

Proceeds Purpose
The funds will be used to support growth initiatives that will enable BookRenter to maintain the highest level of service in the textbook industry while meeting the incredible demand for its services so that millions of students benefit from dramatic cost savings on their textbooks.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
177 Bovet Rd.
San Mateo, CA 94402
USA
Email Address
Overview
Rent textbooks and save BIG at BookRenter. Choose from over 5 million college textbooks and rent new or used cheap textbooks today! BookRenter offers fast shipping both ways and 5 different rental periods on all books.
Profile
BookRenter.com LinkedIn Company Profile
Social Media
BookRenter.com Company Twitter Account
Company News
BookRenter.com News
Facebook
BookRenter.com on Facebook
YouTube
BookRenter.com on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mehdi Maghsoodnia
  Mehdi Maghsoodnia LinkedIn Profile  Mehdi Maghsoodnia Twitter Account  Mehdi Maghsoodnia News  Mehdi Maghsoodnia on Facebook
Chief Financial Officer
Charles Ferer
  Charles Ferer LinkedIn Profile  Charles Ferer Twitter Account  Charles Ferer News  Charles Ferer on Facebook
VP - Bus. Development
Colin Barceloux
  Colin Barceloux LinkedIn Profile  Colin Barceloux Twitter Account  Colin Barceloux News  Colin Barceloux on Facebook
VP - Engineering
Justin McCarthy
  Justin McCarthy LinkedIn Profile  Justin McCarthy Twitter Account  Justin McCarthy News  Justin McCarthy on Facebook
VP - General Counsel
Greg Wharton
  Greg Wharton LinkedIn Profile  Greg Wharton Twitter Account  Greg Wharton News  Greg Wharton on Facebook
VP - Marketing
Sara Leoni
  Sara Leoni LinkedIn Profile  Sara Leoni Twitter Account  Sara Leoni News  Sara Leoni on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/3/2010: Carbon Black venture capital transaction
Next: 6/4/2010: Anulex Technologies venture capital transaction

 

Share this article

 


About Database of VC Transactions

We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary