Wednesday, January 26, 2011

LibreDigital Raises $1.35M

Austin-based LibreDigital, the provider of online publishing services for book publishing companies, has raised $1.35M in what appears to be an ongoing, $4.0M fundraising effort, according to a regulatory filing by the firm this week. No details on the funding have been announced yet by the company. LibreDigital, which is headed by Russ Reeder, helps publishers translate their books into digital form and into a number of format for electronic reader hardware. LibreDigital has previously raised funding from Adams Capital Management, HarperCollins, Noro-Mosley Partners, S3 Ventures, SSM Venture Funds, and Triangle Peak Partners. The firm raised an $8.1M, Series C funding round back in May of 2010. More information »