Scribd, which is a digital library that features e-book subscription services in Kindly Fire, iPhones, iPads and Nook Tablet has bagged $22 million funding recently.
This new funding has taken the total invested amount to $47.8 million coming from the six rounds. The investors who have shown interest in this digital library includes Summit Action Fund, CRV, Redpoint Ventures, SVB Capital, The Kinsey Hills Group and a few others.
The major reason behind the popularity of this e-book platform book e-platform is that it is adding a good number of users each passing day.
Scribd offers a wide range of reading services expanding to more than 5 million titles from 1000 publishers across various categories including classic, favorites and bestsellers. It offers titles from Rosetta, National Geographic, Harper Colling, Open Road Media, WiIley and many more.
With so many book offerings Scribd is becoming the most favorite publishing platform of the world. It also allows you to share documents of various kind.
Apart from this, Scirbd offers you a reliable and effective platform to share various documents and till date more than 60 million documents ranging from presentations to academy papers to court filings has been shared using this service.