Boston Business Journal
10/3/2012
Weeks after re-launching its business, Boston startup Libboo said it’s closed a $1.1 million seed round led by MassVentures and including HubSpot CTO and co-founder Dharmesh Shah and Avid founder Bill Warner.
Libboo CEO and co-founder Chris Howard had shared the plans to shift away from online book publishing with me in April.
On Sept. 24, Libboo re-launched as a site designed to enable the discovery and promotion of new and emerging authors. The startup also announced that it has partnered with Houghton Mifflin Harcourt to provide access to many of their bestselling and debut authors and books.
The round also included Don McLagan, former president and CEO of Compete. The funding will allow Libboo to grow its engineering, operations and business development team, the company said.