Monday, January 31, 2011

LibreDigital Gets $4M

Austin-based LibreDigital said this morning that it has scored $4M in additional funding for the firm's digital reading technology. The firm, which provides software and services to help book and other publishers reach the electronic book reader market, said the funding will enable to go to market faster, and bring new technology offerings to its customers. LibreDigital is headed by Russell P. Reader. Source of the additional funding was not disclosed. LibreDigital provides its services to such firms as The New York Times, Baker & Taylor/Blio and Harlequin. The firm is backed by Adams Capital Management, Triangle Peak Partners, S3 Ventures, Noro-Moseley Partners, and HarperCollins Publishers. More information »