(Press Release) Austin, Texas, May 20, 2010—LibreDigital Inc. today 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 by the release of new devices like the Apple iPad. In addition to being a top Apple e-book aggregator, LibreDigital also powers the delivery of content to other digital devices and marketplaces, including Barnes & Noble NOOK, Amazon Kindle, Sony Reader, Google Editions and many more.
The future of electronic paper (e-paper) is looking brighter. Fujitsu has enhanced its color e-paper so that it now features the world's highest-level of color image quality. By redesigning the panel structure and image re-write methods of the company's previous-version of color e-paper, Fujitsu has improved the contrast ratio of its color e-paper by threefold.
This week, Aptara announced the release of eGen − ePub conversion software that can generate large volumes of content that is e-book compatible, less costly than other available conversion solutions and ready for distribution to multiple e-book readers.
Plastic Logic and Barnes & Noble have announced a distribution agreement involving the 2010 debut of Plastic Logic's e-book reading device, the QUE proReader. The device is touted by Plastic Logic as "the first e-reader designed to support the lifestyle of modern business professionals." It also is unique for its shatterproof, plastic display with the largest touchscreen available.
In a classic, 19th-century short story, Washington Irving’s character Rip Van Winkle wakes up after being asleep for 20 years to find that the world has changed all around him. People he loved, including his wife, are no longer alive, and the country itself has—in the intervening two decades—gone through the massive trauma and upheaval of the Civil War. For Rip Van Winkle, it seems like only a few peaceful hours have passed; all he did was close his eyes. But in what seemed to him a short amount of time, everything around him had irrevocably changed.
Common in the history of technology products is the pattern that devices with multiple functions generally take market share from earlier, single-purpose devices. A classic example can be found in word processing: Dedicated word processors, such as those from Wang and IBM, gave way to PCs that could be used for a wide range of applications, among them word processing. Dedicated, wired, e-mail-only devices likewise gave way to the general-purpose PC.
Barnes & Noble Inc. (B&N) announced today that downloads for both the B&N Bookstore app and the B&N eReader app for the iPhone and iPod touch have hit the 1 million mark.
With a partnership with Barnes & Noble anchoring the late-2009 debut of its eReader, Netherlands-based IREX Technologies hopes to propel its new e-reading device to the top of the marketplace, according to North American CEO Kevin Hamilton. In addition to the more than 750,000 e-book titles eReader users may purchase through Barnes & Noble's eBookstore—many of which are priced at $9.99—IREX's new device also will allow users to download outside content, such as from Google—a feature that distinguishes it from Amazon's Kindle.