New York City-based Vook, Inc. is acquiring Byliner, the publisher of short fiction and non-fiction.
The amount of the deal was not disclosed.
Led by CEO Josh Brody and backed by Tribeca Venture Partners, VantagePoint Capital Partners, Baseline Ventures, Felicis Venture Partners, Floodgate, Founder Collective, Lerer Ventures, and SV Angel, Vook operates a proprietary publishing and data-driven marketing platform that powers the publishing programs of leading media companies and brands including the New York Times, Wall Street Journal, Forbes, Fast Company, and Thought Catalog.
To date, it has used its technology and data to create, distribute, and promote over 5,000 ebooks.
With the acquisition, the company will support Byliner’s existing titles and acquire new projects for release under the Byliner imprint.
Byliner writers will be among the first authors to get direct access to Vook’s publishing technology, including insight into Vook’s proprietary data, a daily sales and marketing dashboard, distribution to more retail channels, and production and support for new projects.
Led by Deanna Brown, President, Byliner is backed by Avalon Ventures, Freestyle Capital, SoftTechVC, Bullpen Capital, Random House Inc., ICG Ventures, and Crunchfund.
FinSMEs
15/09/2014