IBL News | New York
Study resources platform, Course Hero announced yesterday the acquisition of CliffNotes, creator of iconic literature and test prep guides used by high school and college students.
The Redwood City, California – based start-up also bought QuillBot, a platform that includes a grammar checker and citation generator.
None of the transaction amounts of those deals were reported.
Other recent purchases of Course Hero include LitChart and Symbolab.
Founded in 2006 by college student Andrew Grauer, Course Hero has grown from a resource for students to share notes into a learning platform used by a global community interested in academic resources.
The online learning platform claims that it now offers more than 60 million course-specific study resources as well as 24/7 tutor help. The range of learning materials includes practice problems, study guides, textbook solutions, videos, class notes, and step-by-step explanations for every subject.
Over 70,000 faculty across the U.S. and Canada use Course Hero to share their resources with the community, collaborate with other faculty, and hone new strategies for instruction.
Course Hero, an #EdTech unicorn on a mission to make edcuation resources and tools more affordable and accessible has acquired GSV portfolio company Quillbot, as well as CliffsNotes! https://t.co/m6pJJqhPX6 pic.twitter.com/idSJQaAgY5
— ASU+GSV Summit (@asugsvsummit) August 19, 2021