Blog Post

Ebook subscription site Scribd raises $22M in round led by Khosla

The ebook subscription service Scribd has raised $22 million in new funding, TechCrunch reported Friday, in a round led by Khosla Ventures and including Redpoint Ventures, Charles River Ventures and Silicon Valley Bank. The company’s total funding is $48 million. Scribd now works with two of the big five publishers — HarperCollins and Simon & Schuster — and recently added audiobooks to its $8.99-per-month service.