LibreDigital Obtains $8,100,000 Series C Financing Round

  • Feed Type
  • Date
    5/19/2010
  • Company Name
    LibreDigital
  • Mailing Address
    1835-B Kramer Lane Austin, TX 78758
  • Company Description
    When LibreDigital formed in 1999 to provide publishers with digital warehousing and e-distribution, the web was a place for email, retail, and early content experiments. The term “blog” had just been coined. Social networking was the province of message boards and article comments. Google was a small company in Palo Alto. Mark Zuckerberg, the eventual founder of Facebook, was 15 years old.
  • Website
    http://www.libredigital.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,100,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The new capital infusion will be used by LibreDigital to expand e-book services for publishers looking to capitalize on the unprecedented demand for e-books, which is being driven by the release of new devices like the Apple iPad.
  • M&A Terms
  • Venture Investor
    S3 Ventures
  • Venture Investor
    Adams Capital Management
  • Venture Investor
    Triangle Peak Partners