SocialChorus Closes $7.5M in Series B Funding and Opens Vancouver Office

Socialchorus logoSAN FRANCISCO – September 18, 2014 – SocialChorus, the only Advocate Marketing platform purpose-built for all employees and brand ambassadors, announced today that the company has secured $7.5 million in Series B funding and will open its first international office in Vancouver, Canada. The investment round was led by Kohlberg Ventures and brings the company’s total funding raised to $15.5 million. The Series B round will be used to further develop the SocialChorus platform to meet the needs of the Global Fortune 1000.
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Open Road and Bill Gates Revitalize Business Adventures

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Bill Gates, the founder of Microsoft and the richest man in the U.S., always had a mouth that moved financial markets. Now he’s showing Oprah-like abilities to drive the book market too.

A few weeks back, on his blog the Gates Notes, he named Business Adventures, a long forgotten, out-of-print collection of stories penned New Yorker’s John Brooks, the best business book he ever read. The book, published in 1971–and until this month, out of print–went viral.

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City Colleges of Chicago Saves Students $4 Million with Akademos

CCCCity Colleges of Chicago students will soon have significantly expanded access to a wide array of affordable textbook options, thanks to a new contract with Akademos approved by the institution’s Board of Trustees.  

 
Due to improved discounts and greater access to used books, eBooks, and textbook rentals, City Colleges estimates that its students will collectively save up to $4 million annually compared to current textbook vendor arrangements. Akademos was deemed most responsive overall on issues of cost and student service.  
 
“Textbook prices have exploded during the last thirty years, rising faster than tuition and healthcare rates,” Chancellor Cheryl Hyman said. “With this new contract, we will bring significant relief to students in the form of new and more affordable textbook options and ensure City Colleges continues to offer one of the best educational values in the region.”  
 
Through the new contract with Akademos, for the first time, students will be able to order books through a 24/7 online bookstore and marketplace in their preferred format—eBook, new, used, or rental—and apply financial aid and/or vouchers to complete the purchase electronically. The new system will launch on April 4, 2014, the first day of registration for the summer term.   

City Colleges of Chicago students will soon have significantly expanded access to a wide array of affordable textbook options, thanks to a new contract with Akademos approved by the institution’s Board of Trustees.

Due to improved discounts and greater access to used books, eBooks, and textbook rentals, City Colleges estimates that its students will collectively save up to $4 million annually compared to current textbook vendor arrangements. Akademos was deemed most responsive overall on issues of cost and student service.

“Textbook prices have exploded during the last thirty years, rising faster than tuition and healthcare rates,” Chancellor Cheryl Hyman said. “With this new contract, we will bring significant relief to students in the form of new and more affordable textbook options and ensure City Colleges continues to offer one of the best educational values in the region.”

Through the new contract with Akademos, for the first time, students will be able to order books through a 24/7 online bookstore and marketplace in their preferred format—eBook, new, used, or rental—and apply financial aid and/or vouchers to complete the purchase electronically. The new system will launch on April 4, 2014, the first day of registration for the summer term.    Read More….

College CFO’s Confirm Students are Shopping Outside the College Bookstore Looking for More Competitive Textbook Pricing

AKALogoBLKbgrndBBTagNorwalk, CT– A majority of college CFOs (89%) confirm that students are increasingly turning away from campus-based bookstores in favor of online, third-party providers that offer textbooks at lower prices, according to a new survey from Akademos, Inc., a leading provider of integrated online bookstores and marketplaces for educational institutions. Read more…

Akademos Ranks Textbook Affordability for 1,500 Colleges and Universities

AKALogoBLKbgrndBBTagNorwalk, CT—For the first time ever, 1,500 U.S. colleges and universities have been rated by the affordability of their textbooks. Akademos, Inc., a leading provider of integrated online bookstores and marketplaces for educational institutions, has created a Textbook Affordability Index that ranks institutions according to the affordability of their course materials by subject matter and among peer schools.

ClearEdge Power Completes Acquisition of UTC Power

clearedge-logoHILLSBORO, OR, [February 12, 2013] – ClearEdge Power, a manufacturer of scalable, distributed power systems, has closed on its acquisition of UTC Power, marking a major milestone for the company and strengthening its position in the commercial fuel cell industry. UTC Power, formerly a subsidiary of United Technologies Corp., has long been considered a leader in fuel cell systems with decades of experience.  Read more…

The Chicago School of Professional Psychology Partners with Akademos to Improve Online Bookstore Services

Growing List of Psychology Schools Deploying TextbookX Bookstores Hosted by Akademos

AkademosNorwalk, CT- Akademos, Inc., a leading provider of integrated online bookstores and marketplaces for educational institutions, announced that The Chicago School of Professional Psychology (TCSPP), a nonprofit graduate school, has joined its list of partner schools.

Institutions with a wide variety of psychology degrees and coursework are increasingly turning to virtual bookstores to streamline textbook purchases for their students. According to the U.S. Bureau of Labor Statistics, the job outlook for psychologists is expected to grow 22 percent, faster than the average for all occupations, with greater demand in schools, hospitals, mental health centers, and social services agencies. Coursework content is specialized, and by moving to an online bookstore model, more affordable textbook costs can help reduce expenses for prospective and current students.

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