Oyster, a New York City-based Oyster is an ebook subscription service, closed a $14m funding round.
The round was led by Highland Capital Partners with participation from Founders Fund, SV Angel, Advancit Capital, BoxGroup and Founder Collective.
Oyster, which had raised $3m in October 2012 (read here), will use this latest funding to scale the team and product (read here).
Launched in October 2013, Oyster works with hundreds of renowned publishers including HarperCollins, Houghton Mifflin Harcourt, Rodale, Workman, Perseus, and Melville House, among others, to offer unlimited access to over 100,000 books for $9.95 per month.
The app is currently available on iOS devices including iPhone, iPad and iPod touch.
FinSMEs
14/01/2014