Chegg.com, a US-based online marketplace for textbook rentals, reportedly has raised $75m in its series E round from Hong Kong-based Ace Limited.
Ace was not found through normal searches but the report was made by news provider AllThingsD after an interview with Chegg’s chief executive, Daniel Rosensweig.
The company had previously raised about $160m, including $55m in debt, according to news provider VentureWire, from venture capital and lending firms Insight Venture Partners, Foundation Capital, Kleiner Perkins Caufield & Byers, Gabriel Venture Partners, Primera Capital, Pinnacle Ventures and TriplePoint Capital.
Its series D round closed in November at $57m, led by Insight, and series C the previous December at $25m.