Free resources, tools, help, and information for CIOs to project managers. You’ll find what you need for a successful university IT project implementation.
Chegg Cuts $15 Million Check to Buy AI-Feedback Tool, WriteLab
Posted on Written by
Reading, writing and AI—that turned out to be the winning combination for startup, WriteLab.Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. (There’s an additional payment of $5 million to key employees over the next three years, assuming they stay.)WriteLab was founded in 2013 by Matthew Ramirez, then a PhD candidate at the University of California, Berkeley and Donald McQuade, a long-time English professor at the same school.They started the company to solve a challenge that they both knew well: how to provide fast and actionable feedback to writing students. As a...