Chegg Acquires InstaEDU for $30,000,000

  • Feed Type
  • Date
    6/3/2014
  • Company Name
    InstaEDU
  • Mailing Address
    530 Howard St. San Francisco, CA 94105 USA
  • Company Description
    Stumped high school and college students pay InstaEDU by the minute to video chat with tutors from top universities at any hour of the day. InstaEDU will use the seed to grow its team and build critical features like advanced scheduling.
  • Website
    http://www.instaedu.com
  • Transaction Type
    M&A
  • Transaction Amount
    $30,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The acquisition was paid for with all cash.