Akademos Raises $2.5 Million For Online Textbook Store

Akademos

Akademos, which operates online bookstores for schools, has raised $2.5 million in a round of funding from Kohlberg Ventures. With Akademos’ solution, schools don’t have to operate their own brick- and-mortar stores and can instead build customized online shops, featuring new and used textbooks for courses. The company’s platform can also be used to digitally distribute course materials to students. Akademos said it would use the new cash to fund its growth.

As part of the funding, eHarmony chief marketing officer Scott Eagle as well as Kohlberg venture partner Bill Youstra, a former product and content exec at AOL (NYSE: TWX), are joining the startup’s board. Akademos, of course, is not the only startup trying to build a business around college textbooks. Another, Chegg, is betting that college students will forgo buying costly textbooks and rent them instead. It has raised more than $27 million in funding for its service. Release.

Comments have been disabled for this post