Funding

Booktrack Raises $5M

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What does Booktrack do?

Booktrack, is a technology which enables users in adding movie style soundtracks and effects to e-books and other digital text content. It has created a new genre of digital storytelling entertainment. Its patented technology enables anyone to add a synchronized movie kind og style soundtrack which includes sound effects, music and ambient audio to an eBook or other digital text content, with the audio raised to each individual’s reading capacity. Booktrack helps users in creating and sharing stories on a tablet or a mobile device in an exciting and unique way, changing the written word. It is changing the way people read, write and publish their stories.

How much Booktrack was funded?

Booktrack has raised $5M in Series B funding on July 21, 2015 from COENT (Lead) and Sparkbox Ventures (Lead)

Previous funding

  • $2M in Convertible Note on December 18, 2012 from New Zealand Venture Investment Fund, Valar Ventures, Sparkbox Ventures Partner: Greg Sitters and Weta Digital
  • $3M in Series A funding on April 9, 2014 from Sparkbox Ventures (Lead) Partner: Greg Sitters, Valar Ventures and Park Road Associates Ltd.

What is next for Booktrack?

Booktrack will use the latest funding for driving its rapid growth through marketing innovation, the acquisition of premium content and enabling any self-publisher or publisher or a musician in creating and selling Booktrack titles through its marketplace.

The funding will help the company in aggressively growing its reader base and content offering. The company plans to continue helping parents, schools and people for re-engaging with reading in a new, immersive and fun way while increasing comprehension and retention.

More about Booktrack

Booktrack was founded in 2010 by Mark Cameron and Paul Cameron. It has its headquarters in San Francisco, CA. It is an industry leading global tech company which enriches the eBook experience by adding movie style soundtracks and ambient audio.

It is creating a new marketplace for publishers, authors, musicians for creating soundtracks for their eBooks and reach an audience of more than 2.5 M readers while earning new streams of revenue.
 

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