Kno Secures $46M in Equity and Debt Financing

Kno, Inc., a Santa Clara, California-based digital textbook and dynamic learning platform for students, has secured $46m in its latest round of equity and debt financing.
The round was led by Andreessen Horowitz, with participation from Silicon Valley Bank and TriplePoint Capital.
Investors also include First Round Capital, Floodgate and Ron Conway. 
The company plans to use the new capital to continue its product innovation and assist with the first shipment of product later this year.
Founded in May 2009 by Osman Rashid, co-founder of Chegg and Babur Habib, a consumer electronics veteran, Kno is a two-panel, touch-screen tablet, that blends the traditional textbook experience with digital textbooks, course materials, note-taking, web access, and educational applications.
Kno Movie from Kno, Inc. on Vimeo.

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