eBook Craze Spurs $15M Funding for LibreDigital

logoWhile analysts estimate the number of Kindles currently on the market at around a million (sales of the iPhone, by comparison, stand at around 13 million), it seems like ebooks are here to stay, whether they’re delivered via an iPhone app or on the upcoming Plastic Logic reader for Barnes and Noble (GigaOM Pro subscription required). As further evidence, LibreDigital, an Austin, Texas-based company we wrote about back in December, just scored $15 million to digitize content from book and newspaper publishers for electronic devices. The funding was led by Triangle Peak Partners and existing investor Adams Capital Management. The New York Times is also an investor.

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