Nav

Koofers Selected by AlwaysOn as a Venture Summit Mid-Atlantic 100 Winner

RESTON, Va.—(BUSINESS WIRE)—Koofers, Inc. the social learning company that helps college students study smarter, today announced that it has been chosen by AlwaysOn as one of the Venture Summit Mid-Atlantic Top 100 winners. Inclusion in the Venture Summit Mid-Atlantic 100 signifies Koofers leadership amongst its peers and game-changing approaches to technologies that are likely to disrupt existing markets and entrenched players in the mid-Atlantic region. Koofers was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

Koofers and the Venture Summit Mid-Atlantic 100 companies will be honored at AlwaysOn’s first annual Venture Summit Mid-Atlantic on November 3rd, 2010, at George Mason University in Fairfax, VA. This two-and-a-half-day executive event features CEO presentations and high-level debates on the most promising technologies and new entrepreneurial opportunities in the mid-Atlantic region.

The morning of Thursday, November 4, Koofers’ CEO, Gio Hunt, will speak on a panel called “Education: Ready for Disruption,” alongside senior leadership from Cooley, Novak Biddle and 2tor. The guests will discuss the impact of digital media on education and society. On Friday, November 5, Gio will participate in the “AOL Family Reunion” panel which will cover AOL’s impact on the entrepreneurial eco-system in the Mid-Atlantic region.

“The Venture Summit Mid-Atlantic 100 winners are transforming the mid-Atlantic region’s technology community through innovation and creativity,” said Tony Perkins, founder and editor at AlwaysOn. “The companies represent some of the highest-growth opportunities in the mid-Atlantic private company marketplace.”

The Venture Summit Mid-Atlantic 100 winners were selected from among thousands of mid-Atlantic technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2010 list.

Koofers, Inc. is a social learning company that empowers students to help each other learn by providing open and free access to: course materials, class and professor ratings, study aids and more. Today, Koofers has aggregated data from over 400 universities and leveraged the power of social networks like Facebook to attract more than 330,000 college students who use the service to prepare for class, study more efficiently and save money. Earlier this year, it received venture funding from New Atlantic Ventures, Altos Ventures, Revolution, and QED Investors and inked a partnership agreement with LivingSocial to launch Campus Deals.

A full list of all the AlwaysOn Venture Summit Mid-Atlantic 100 winners can be found on the AlwaysOn website.

“We are honored to be recognized by the AlwaysOn community,” said Gio Hunt, CEO, Koofers. “The groundswell of support combined with the level of social engagement by college students on Koofers.com is encouraging. These are early signs pointing to the large impact the social Web has on higher education.”

About Koofers

Koofers, Inc. is a social learning company transforming higher education through student-driven, intercollegiate collaboration. Founded in 2008, Koofers is headquartered in Reston, VA and funded by Altos Ventures, New Atlantic Ventures, QED Investors and Revolution. For more information, go to: Koofers, Facebook, and Twitter.

About AlwaysOn

AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn’s preeminent executive event series includes the Summit at Stanford, OnMedia, OnHollywood, Venture Summit Mid-Atlantic, OnDemand, Venture Summit Silicon Valley, Venture Summit East, GoingGreen Silicon Valley, and GoingGreen East. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.