Jun 03, 2010
Kohlberg Ventures has increased its investment in Open Road Integrated Media LLC. The venture capital firm invested an additional $4 million in Series A financing, building upon its original $3 million investment last August. Jim Kohlberg, founder of Kohlberg, said: "We strongly believe that the Open Road model and its team are uniquely positioned to succeed in the marketplace. We are pleased to continue our support through additional funding." Open Road CEO and co-founder Jane Friedman called Kohlberg "the perfect partner for Open Road," and said "we are proud that his confidence in our company and our performance has only grown and strengthened since our launch."
Launched by the former CEO of HarperCollins last fall, Open Road will publish e-books and print-in-demand editions of new and backlist books as well as promote e-books for other publishers. It has a deal to viral market backlist for Kensington and recently published its first E-rignial e-book title, Negotiating with Evil, under its Studio imprint.
Publishing news from across the Web
The author/relationship guru talks to Fast Company about self-publishing and why he walked away from a "traditional" book deal.
The Guardian on Apple, Amazon, and the ongoing pricing of e-books debate.
The economics of Amazon's e-book trade.
The Wall Street Journal's bestsellers lists to include e-books, reports the AP.
| Explosive Eighteen: A Stephanie Plum Novel | Audio Fiction |
| Killing Lincoln (unabr.) | Audio Nonfiction |
| The Son of Neptune (The Heroes of Olympus #2) | Children's Fiction |
| Elf on the Shelf | Children's Picture Book |
| Hunger Games | Children's Series & Tie-ins |
| Blue Exorcist, Volume 3 | Graphic Novels |
| Private: #1 Suspect | Hardcover Fiction |
| Ameritopia: The Unmaking of America | Hardcover Nonfiction |
| The Girl with the Dragon Tattoo | Mass Market Paper |
| Extremely Loud & Incredibly Close | Trade Paper |
