Chegg Cuts $15 Million Check to Buy AI-Feedback Tool, WriteLab
MAY 16, 2018
Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. 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.