Wednesday, February 23, 2011

BookRenter Raises $40M

San Mateo-based book rental site BookRenter announced this morning that it has raised $40M in funding. The Series C funding came from Adams Capital Management, Comerica Bank, Focus Ventures, Lighthouse Capital Partners, Norwest Venture Partners, and Storm Ventures. BookRenter allows students to rent their textbooks, and is headed by Mehdi Maghsoodnia. More information »