Readmill Raises Series A Funding from Wellington Partners

Published On June 13, 2012 |

Readmill, a Berlin, Germany-based social and shareable reading platform, has received an undisclosed amount of Series A funding from Wellington Partners.

Today, the company has also launched “Library” and “Send to Readmill”, two new cloud-based features designed to improve the buying and reading experience attached to independent publishers and retailers. Library lets users upload their ebooks to the cloud and make them accessible from anywhere and link them directly to Readmill for iPad, ready for reading. Send to Readmill is a button that works in conjunction with Library to get purchased ebooks into an account.

The company intends to use the funding to support today’s launch, and pursue its 2012 roadmap of features and further releases.

Led by CEO Henrik Berggren, Readmill allows users to highlight parts of an ebook, share these highlights with friends and start discussions around them. The company also  announced partnerships with six major independent stores including Leanpub, Readlists, Free-ebooks.net, Jottify, OR Books, Publit, and Bibliocrunch.

The company is currently hiring (http://readmill.com/jobs)

FinSMEs

13/06/2012

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