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Bookrenter’s New Gig: Rafter

Bookrenter, a sponsor of our HigherEdTech Summit is moving beyond online textbook rentals, creating a new parent company called Rafter.

In an interview with Wired, Bookrenter CEO Mehdi Maghsoodnia announced “The future of education is a platform. But whose platform is it? Will there be an iTunes or Facebook that can address 500 universities and 1 million students?”

Hoping to capture this market, Rafter’s first product is Rafter Discover. Discover uses data on the textbook trade gathered by Bookrenter to launch a multiplatform for service teachers and administrators. Rafter Supply IQ is a similar product for schools and bookstores. For the complete story, check out Wired.

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