Startup BookShout raises $6M; no longer lets users import their Kindle and Nook books
Dallas-based startup BookShout, which aims to promote social reading and aid book discovery, has raised $6 million in a Series B funding round, the company announced Thursday. But the company is, at least temporarily, no longer permitting users to import their Kindle and Nook books onto the platform — the feature that it showed off as the main perk of its platform at the Frankfurt Book Fair last fall.
That hasn’t stopped Ambassador Enterprises, a Fort Wayne, Ind.-based venture firm, from investing again. “By serving authors and publishers in a process-oriented