Digital publishing business LibreDigital has closed an $8.1 million Series C funding round led by new investor S3 Ventures with participation from existing investors Adams Capital Management and Triangle Peak Partners. The company’s other key investors include HarperCollins Publishers, The New York Times Company and Noro-Moseley Partners.
“This year, sales of e-books are expected to double to more than $700 million in the U.S. alone,” said Russell P. Reeder, President and CEO of LibreDigital, Inc. “This funding will be used to accelerate the delivery of e-books, and expand our technology offerings to include new solutions that help publishers better promote and sell books to digital consumers.”
LibreDigital enables publishers, distributors and device manufacturers to securely market and deliver content across an expanding number of digital channels, including e-readers, tablets, smart phones, social networks and online stores. The company offers solutions designed to deliver digital books, newspapers and magazines in the highest quality format possible.
Location: USA, Austin, TX