Pearson & McGraw-Hill make Multi-Million Dollar Investment in Inkling

It seems as if the latest study from Xplana in which they predict that the tipping point for digital textbooks is as near as 2015 has opened up the wallets of two major publishers for an undisclosed “multi million Dollar” investment.

Inkling, the maker of the iPad application and platform which delivers enhanced and engaging textbooks, leaving the “flat, PDF-based digital textbooks” behind is the beneficiary and it could give the startup a competitive edge over the well funded competitor the Kno.

Continue reading

The Kno alters into Software – Will it inherit Chegg’s Market Share?

Interesting news from Kara Swisher over at All Things Digital. Apparently, the Kno is in talks to sell its hardware manufacturing part of the company and then focus on software and digital textbook delivery only.

According to sources the “quicker than expected uptake” in tablet production of other manufacturers basically made the need for a dedicated educational hardware device “less critical”.

Continue reading

Disrupting Disruption – Flat World Knowledge raises $15 million

Flat World Knowledge, the world’s leading publisher of open source text books raised $15 million USD in a series B round from Bertelsmann Digital Media, other investors and angels.

The really interesting thing about Flat World Knowledge is that it actually disrupts two business models of other startups in the $8 billion USD textbook market. They are disrupting disruption if you will.

Continue reading

R:ED October 24th to November 6th

  1. What does the $15,000 Anybot tell us about the future of telecommuting?
  2. Connect Any Wi-Fi Device to Any Other Wi-Fi Device with Wi-Fi Direct
  3. The Stampede: Razorfish Reveals Latin America’s Untapped Digital Consumer
  4. Inkling Debuts Interactive iPad Textbook Experience With Photography App
  5. How A Mixergy Listener Got Sal Khan His DotCom!
  6. RediLearning Closes $1.75 Million For Systems To Train Senior Care Workers
  7. Survey Says: Men More Likely Than Women To Use Skype Or Mobile VoIP Apps

The Hard or the Soft Way? Thoughts on the Kno and Inkling

You might remember the Kno, a dual screen tablet device for the educational market, which aims to be a replacement for textbooks. When it was revealed at the D8 conference earlier this year people who saw the Kno described it as “two iPads, glued together – but bigger”.

Yesterday, the company announced that it closed a $46m debt-and-equity round led by Andreessen Horowitz that also has investments in Zynga, Skype and Foursquare.

Continue reading

R:ED August 15th to August 21st 2010

  1. Chegg’s First Acquisition: CourseRank
  2. Invideous adds ‘social playhead’ to its video monetization platform
  3. Are Your Facebook And Twitter Friends Using Other Languages? Try XIHA
  4. Digital Textbook Startup Inkling Scores Sequoia Funding, Publisher Deals
  5. China’s position as an economic superpower may be hampered by the patrimony and poor academic ethics of its universities
  6. Roommates Who Click
  7. As Private Tutoring Booms, Parents Look at the Returns
  8. Looking for Baby Sitters: Foreign Language a Must