Academia.edu Raises $11.1M for Open Research Portal
Academia.edu has raised $11.1 million in Series B funding from Khosla Ventures, Spark Capital and True Ventures, as part of its ongoing efforts to make scientific research more open and networked. The San Francisco-based company now has 4.5 million registered researchers and eight million monthly visitors. It’s a more modest deal than that of Berlin-based competitor ResearchGate, which recently raised a $35 million Series C round.
