INSUBCONTINENT EXCLUSIVE:
Perlego, the textbook subscription service, has raised $9 million in Series A funding.Backing the round is Charlie Songhurst, Dedicated VC,
and Thomas Leysen (Chairman of Mediahuis and Umicore)
that simplify and enhance the learning experience, as well as content libraries in non-English languages to enable further expansion to
publishers, Perlego now also includes content from key publishers in Germany, the Nordics and Italy.For the students, the draw is obvious:
text books are increasingly expensive to purchase, and public libraries are under resourced
As long as the needed text books are available on the service, that is infinitely more affordable.For publishers, Perlego claims to offer a
positioning.Publishers such as Pearson, Wiley and Sage are already on board, Perlego says it is seeing a 116% increase in new subscribers
