BookBub Obtains $3,800,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a9ed3e6d-cc9e-488c-a569-6b4c71f88a3b
Date
5/2/2014
Company Name
BookBub
Mailing Address
Undisclosed Cambridge, MA 94304 USA
Company Description
BookBub is a free service that helps millions of readers discover great deals on acclaimed ebooks while providing publishers and authors with a way to drive sales and find new fans. Members receive a personalized daily email alerting them to the best free and deeply discounted titles matching their interests as selected by our editorial team.
Website
http://www.bookbub.com
Transaction Type
Venture Equity
Transaction Amount
$3,800,000
Transaction Round
Series A
Proceeds Purposes
The funding is the first external capital raised by the company, and will be used for growing its team more rapidly, expanding internationally, and launching additional products for its members and partners.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor