Booktrack, a tool designed for self-published writers and publishers to add soundtracks to their e-books, has closed a Series B investment round of $5 million.
Previously, the company had raised $3 million. The company will use its latest cash injection to invest in marketing and innovations. The company, which launched early 2014, counts more than 2.5 million readers.
“Our vision has always been to advance digital publishing and content to connect readers with an exciting and modern way to experience an eBook with a soundtrack,” stated Paul Cameron, CEO of Booktrack. “This Series B raise of $5 million will allow us to aggressively grow our reader base and premium content offering. Booktrack will continue to help schools, parents and people looking to re-engage with reading in a modern, immersive and fun way while also increasing comprehension and retention.”