SOURCE: Vook

Vook

February 19, 2010 13:14 ET

Vook Announces $2.5 Million in Seed Financing

ALAMEDA, CA--(Marketwire - February 19, 2010) - Vook today announced it has secured $2.5 million in seed funding from an impressive syndicate of Silicon Valley technology and New York media investors, including Ron Conway, Kenneth Lerer, chairman of the Huffington Post, Maples Investments, Baseline Ventures and Founder Collective. The company plans to use the funding to accelerate growth in all areas of its business and to support its plans for massive scale in 2010.

Vook is pioneering a new form of media and reinventing traditional book publishing. A vook is a mixed-media form that blends video, text, images and social streams into a single, integrated experience. Since its formal launch in the fall of 2009, Vook has experienced impressive momentum, forming strategic publishing relationships with Simon & Schuster, HarperStudio and Hachette Filipacchi Media U.S. and announcing vook titles with bestselling writers, including Seth Godin and Anne Rice. The company recently announced an exclusive partnership with online video experts TurnHere while also announcing its MotherVook digital publishing tool, which will ultimately allow Vook to publish hundreds of titles each week.

"Vook has an opportunity to become synonymous with a new form of media, which is something that doesn't happen very often," said Ron Conway, independent angel investor and advisor to the company. "Brad knows how to turn a big vision into a great business and it's clear with Vook that he has an opportunity to shake things up in the world of publishing."

"Three trends are driving our business," said Brad Inman, founder and CEO of Vook. "First, traditional book publishing is going through a radical transformation just as music, film and print news have in recent years. Second, consumers are engaging with media in all sorts of new ways. And third, new devices such as smart phones and tablets are creating a huge surge in creativity and possibilities for mixed media brought together in a single form to tell a story, entertain or show us how to do something. We believe we're bringing Vook to market at the exact right time to help transform an industry, drive creativity and create a whole new media experience for consumers."

About Vook

Vook is a digital publisher that mixes media including text, video, pictures, social media and links to create new experiences of the books and authors that readers love. Vook's publishing tool, MotherVook, provides publishers with the ability to quickly and cost-effectively produce high quality mixed media e-book titles. Vooks are streamed to the browser-based Vook Reader and are also available on-the-go as a unique mobile application. Vook is based in Alameda, CA with offices in New York. For more information about vooks, visit www.vook.com.

Contact Information

  • For Vook:
    Peter Evers or Chris Schreiber
    Launch Squad
    415-625-8555
    Vook(at)launchsquad.com