Monday, January 5, 2015

Scribd Raises $22M More For E-Book Subscriptions

San Francisco-based Scribd, which operates an online e-book service, has raised $22M in a Series D funding, the company said last week. The funding came from Khosla Ventures, Redpoint Ventures, Charles River Ventures, and Silicon Valley Bank. Khosla's Keith Rabois joins the company's board with the funding. Scribd started its life as an online document sharing site, but in recent years has shifted entirely to e-book subscriptions. More information »