Digital Publisher Vook Nets $5.25 Million in Financing
NEW YORK—Vook, a digital publisher in mixed-media formats, announced it closed $5.25 million in Series A financing from investors, including VantagePoint Venture Partners and Floodgate. Vook says it will use the proceeds to build on its momentum, accelerate sales and invest in technology to support its growth plans.
“We are excited to bring new and existing investors into this ” said Brad Inman, Vook CEO. “They recognize that Vook is leading the way with a new vision for book publishing, creating value for authors, filmmakers and book publishers.”
Vook’s self-titled, digital mixed-media publishing form combines video, text, images and social sharing into a single, integrated experience. Vooks are intended for tablets, smart phones and e-readers. The company enables publishers, authors, and media companies to recreate, distribute and monetize their existing content in a new form.
Vook has formed strategic relationships with many of the leading book publishers and literary agents, and published Vooks with bestselling authors, including Deepak Chopra, Seth Godin, Tom Peters, Stephen Covey and Anne Rice. Recently, it released “JFK: 50 Days,” a bestselling Vook for the iPad that features content created in partnership with Perseus Books and NBC Universal.