Unigo’s One-Stop, People-Powered College Resource Guide Scores $1.6 M. from Newly-Splintered McGraw-Hill
It’s always a real confidence booster when the old guard comes a courtin’. Today, Unigo, the New York startup that Walt Mossberg called a “college resource built for the age of YouTube and Facebook,” announced it has received $1.6 million in funding from The McGraw-Hill Companies. It seems the publishing giant hasn’t wasted any time trying to pivot into the digital space. And no wonder, earlier this week McGraw-Hill announced it would be spinning off its education division amid stalled stock prices.
But that’s not the only old school company embracing Unigo’s unique formula of surprisingly comprehensive reviews from college students and counselors. The student review section in the US News & World Report’s rankings and directories will also now be powered by Unigo. The funding will be used to expand into grad schools and accredited universities outside the US and develop partnerships with other publishers. Read More