Authorea, a NYC-based science collaboration and publishing platform, closed a $1.5m financing.
The round was led by Lux Capital, along with the Knight Foundation, a non-profit foundation dedicated to supporting transformational ideas that foster informed and engaged communities, with participation from seed investors ff Venture Capital and New York Angels.
The company intends to use the funds to develop new tools and capabilities to scholars and researchers across the world.
Created in 2013 by Dr. Alberto Pepe, a Harvard astrophysicist, and Dr. Nathan Jenkins, a UC Berkeley physicist, Authorea.com provides a collaboration platform to write, share, and discuss research – all in real-time. The platform is currently used by more than 80,000 scholars across 70 countries, in fields as diverse as physics, astronomy and computer science.
The company offers users a collaborative online editing platform tailored for academic and technical writing – a word processor, which enables the addition of citations and equations and formatting references.
It is built on a Github-style model and every document created is a Git repository, which allows users to track changes in documents and to integrate data into documents.
Authorea is also growing in fields outside of the hard sciences, such as genomics, environmental science, and computational biology. According to a written note, it currently has more than 80,000 members and a weekly growth rate that has doubled in the past nine months.