Calif. – BookRenter, a provider
of online textbook rentals, announced on Thursday that it has closed a $10
million second round of venture capital financing, led by Norwest Venture
Previous backers Storm Ventures and Adams Capital Management also
participated in the round, proceeds from which will be used to support growth
Launched in 2008, San Mateo,
Calif.-based BookRenter offers over 3 million textbook titles for rent, for up
to 75% off the retail price.
The company said its branded platform has to date
enabled 75 bookstore partners to create their own rental stores, serving more
than 1.3 million students.