Wednesday, May 19, 2010

LibreDigital Raises $8.1M

Austin-based LibreDigital, the electronic book publishing infrastructure provider headed by Russell P. Reeder, said today that it has raised $8.1M in a Series C funding round. The round was led by S3 Ventures, and also included Adams Capital Management and Triangle Peak Partners. The firm also said that its other key investors are HarperCollins Publishers, The New York Times Company and Noro-Moseley Partners. LibreDigital said that the new funding will be used to expand its e-book services. LibreDigital helps publishers to digitize and host up electronic book content for devices such as Barnes & Noble's Nook, Amazon Kindle, Sony Reader, and other electronic book devices. More information »