Chegg Spends $17M to Bring Daily Deals to Students

CAMPUS SPECIAL: Acquired by Santa Clara, CA-based Chegg for $17 million in cash and stock. Campus Special, which started by distributing coupon books, now lets college students across over 500 campuses order food and find daily deals online in their local community. In addition, it has an internship program that essentially relies on students to encourage local business owners to use Campus Special. Chegg will re-brand Campus Special as "Chegg Campus Deals." The company is confident it can scale to 1,000 schools in 18 months, according to the release.

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