Press Release: Pronoun Raises $3.5M from Avalon Ventures to Empower Authors
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Pronoun<%2Fa>,%20the%20digital%20book%20publishing%20platform%20for%20authors,%20announced%20today%20a%20$3.5%20million%20investment%20from%20Avalon%20Ventures.%20This%20venture%20capital%20financing%20closely%20follows%20the%20announcement%20of%20Pronoun's%20new%20book%20publishing%20platform,%20which%20uses%20technology%20and%20data%20to%20empower%20authors%20to%20create,%20distribute,%20and%20market%20their%20books%20while%20controlling%20all%20intellectual%20property%20rights%20and%20keeping%20100%20percent%20of%20earnings.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.bookbusinessmag.com%2Farticle%2Fpronoun-raises-35m-avalon-ventures-empower-authors%2F" target="_blank" class="email" data-post-id="4243" type="icon_link">
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With this financing, Pronoun is further developing its technology and data analytics, creating a viable alternative to the exclusions and restrictions of traditional publishing as well as to the complexity, limitations, and high costs of self-publishing for authors.
"At Pronoun our mission is to put the author at the core of everything we create," said Josh Brody, Chief Executive Officer of Pronoun. "This funding allows us to continue building a team of people who sincerely value authors and their books, and to deepen our commitment to providing authors with free and meaningful tools, resources, and capabilities."
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