Cramster.com
Encyclopedia
Cramster provides online homework and textbook help for college and high school students in areas such as math, science
Science
Science is a systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe...

, engineering
Engineering
Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...

, humanities
Humanities
The humanities are academic disciplines that study the human condition, using methods that are primarily analytical, critical, or speculative, as distinguished from the mainly empirical approaches of the natural sciences....

, business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...

, and writing help. Cramster uses a freemium
Freemium
Freemium is a business model that works by offering a product or service free of charge while charging a premium for advanced features, functionality, or related products and services...

 model, allowing students to pay for or earn access to premium services. Founded in 2002 by Aaron Hawkey, Robert Angarita and Kavé Golabi, the company is headquartered in Pasadena, CA.

History

Cramster launched publicly in 2003. A few years later, Cramster introduced its Q&A Board feature, which allowed interaction between members to solve homework problems.

Cramster secured $3 million in Series A funding in 2008 and $6 million in Series B funding in 2010 led by Shai Reshef
Shai Reshef
Shai Reshef is an educational entrepreneur. He is the founder and president of University of the People.-Education and Career:Reshef holds an MA from the University of Michigan in Chinese Politics....

, who was then appointed company Chairman. Cramster had 100,000 active users in November 2008. In 2010, Cramster was acquired by Chegg
Chegg
Chegg or Chegg.com is an online textbook rental company in the United States based in Santa Clara, CA, which was created in 2001 by three Iowa State University students. Students rent textbooks typically by ordering online, and return books after the semester. It was founded by entrepreneurs Osman...

, a provider of textbooks for the college market.

Cramster also owns and operates the Facebook
Facebook
Facebook is a social networking service and website launched in February 2004, operated and privately owned by Facebook, Inc. , Facebook has more than 800 million active users. Users must register before using the site, after which they may create a personal profile, add other users as...

 application Courses 2.0, which has more than 400,000 users and was voted 4th best application by PC Magazine
PC Magazine
PC Magazine is a computer magazine published by Ziff Davis Publishing Holdings Inc. A print edition was published from 1982 to January 2009...

.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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