LibreDigital announced today that it has secured $4 million in additional capital. The investment will fund key initiatives in the company’s core business areas and accelerate the delivery of innovative digital reading technologies. “LibreDigital has powered digital reading for ten years and our ability to span books, magazines, and newspapers is unique,” said Russell P. Reeder, President and CEO of LibreDigital. “This investment will enable us to go to market faster and bring new technology [...]

LibreDigital announced that it has closed an $8.1 million Series C funding round led by new investor S3 Ventures with participation from existing investors Adams Capital Management and Triangle Peak Partners. The company’s other key investors include HarperCollins Publishers, The New York Times Company and Noro-Moseley Partners. 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 [...]