LibreDigital Secures $15 Million in Funding to Accelerate Delivery of eBooks and Digital Newspapers
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AUSTIN, Texas – July 29, 2009 – LibreDigital, Inc. today announced that it has closed a $15 million Series B funding round led by new investor Triangle Peak Partners and existing investor Adams Capital Management. 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 marketing and development of the company's industry-leading digital platform, designed to help publishers go direct to consumers as they access, buy, read and share content across online and mobile platforms.
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