WEbook Closes $5 Million Round

Sep 19, 2008

WEbook.com, an online platform, announced the company has closed more than $5 million in funding. The round was led by WEbook's new investor, Vertex Venture Capital and its existing backer, Greylock Partners Israel. The round also included investments from eight angel investors. In the months since its April 2008 launch, WEbook.com has become the home writers, editors, illustrators, and readers, working on book projects, including novels, short stories, children's book, poetry, and non-fiction titles across a wide range of topics.

(www.webook.com, www.vertexvc.com, www.greylock.com)