Open-Source Textbook Firm Flat World Knowledge Gets $8 Million

Posted by Sander_Marechal on Mar 26, 2009 10:41 PM EDT
The Washington Post; By Rafat Ali 		Mail this story
Print this story

Bringing the freemium model to the musty world of textbook publishing, Flat World Knowledge (FWK), a Nyack, NY-based publisher of open-source commercial textbooks, has raised $8 million in its first round of funding. Investors include Greenhill SAVP, High Peaks Venture Partners and Valhalla Partners. Founded in 2007, it received $1.5 million in seed money. The company recruits authors on various subjects, and then makes its books available as free web-hosted textbooks for any student to use.

Full Story

  Nav
» Read more about: Story Type: News Story

« Return to the newswire homepage

This topic does not have any threads posted yet!

You cannot post until you login.