Foley Hoag Advises Flashnotes on Strategic Alliance and Series B Financing

September 16, 2014

Foley Hoag LLP advised Flashnotes, the student-to-student study materials marketplace, in its Series B round of funding and strategic partnership with global education company Cengage Learning.

The partnership will integrate the Flashnotes marketplace into MindTap, a premier e-learning environment that delivers high levels of engagement in which students will have access to course-specific, student-to-student study materials study guides, notes, flashcards, video tutorials and live video help. MindTap’s immersive learning platform was developed to address how students live and learn, and combines traditional lesson content with interactive assignments, apps and collaboration tools to guide students through learning along a proven path. Cengage Learning will also invest in Flashnotes’ Series B financing.

Foley Hoag partner Gil Arie and associates Erica Rice and Von Bryant advised Flashnotes on the transaction.

Flashnotes' partnership with Cengage Learning will ultimately enhance the higher education learning experience in a way that reflects the way students work and study, helping today’s college students excel academically.