The Swedish e-book startup Nextory has taken in another €3 million. The funding comes from Acacia, Industrifonden, and private investors.
According to Breakit, the company could be called the new '"Spotify for e-books". For a fixed monthly fee, the user can read or listen to an unlimited number of digital books.
"We are growing rapidly and are ahead of our plans, we are currently the only company that specifically focuses on e-book customers and offers a wide range of titles, as well as the best e-book reader on the market," said Shadi Bitar, president of Nextory, as reported by Breakit.
Read more: Breakit (Swedish)