Kohlberg Ventures Increases Its Investment in Open Road Integrated Media to $7 Million
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(PRESS RELEASE) New York, NY June 2nd, 2010 — Kohlberg Ventures increased its investment in Open Road Integrated Media LLC (www.openroadmedia.com), a digital content company that publishes and markets ebooks by creating connections between authors and their audiences. The venture capital firm invested an additional $4 million in Series A financing, building upon its original $3 million investment in August 2009.
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