Thursday, March 24, 2011

Major Publisher Investment Advances Inkling as the Future of Digital Textbooks

NY Times: "No matter where you set the target date for that tipping point, digital textbooks certainly just received a strong shove in that direction with a major investment announcement from the iPad textbook maker Inkling. The startup has raised an undisclosed round of funding, with participation from some of its initial investors including Sequoia Capital. More significantly, this financing involves significant minority investments from the two biggest educational content companies in the world, McGraw-Hill and Pearson."