Academia.edu Raises $11.1M for Scholarly Social Network

Academia.edu Raises $11.1M for Scholarly Social Network

ACADEMIA.EDU: $11.1 million to SF-based Academia.edu in Series B round led by Khosla Ventures, with existing investors Spark Capital and True Ventures also participating, reports TechCrunch. Ben Ling from Khosla Ventures will join the board. The company, which aspires to be a social network for researchers, has now raised over $17M, with the most recent round in December 2011. CEO Richard Price's goal for Academia.edu is "to have every single science PDF ever written available for free on the Internet and...change the face of peer review." VentureBeat reports he has 8 million monthly unique visitors but is still exploring revenue models.

Stay up to date on edtech. Sign up to have top stories delivered weekly.

Who we are

EdSurge helps schools find, select and use the right technology to support all learners.
© 2011-2016 EdSurge Inc. All rights reserved. Every student succeeds.