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.