NewsStand Gets $7.2 Million in Funding From NYT Co, Others

NewsStand, the Austin, TX-based electronic editions software provider (enabling electronic/digital PDF editions of newspapers and magazines) has received $7.2 million in a round of funding led by Adams Capital that includes Noro-Moseley Partners, SSM Ventures, The New York Times Company and others.

NewsStand now powers electronic editions of 175 publications with readers in 120 countries. Also, NewsStand has recently unveiled a browser-based tool for reading digital editions of newspapers and periodicals to complement its three-year-old proprietary reader application.

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