Scribed raises $9M and hires new President for online document publishing and sharing
By Azam on December 21, 2008 
Scribed raised $9M investment round for social publishing and hires George Consagra as president from bebo. The round of financing was led by Charles River Ventures with participation with previous investors Redpoint Ventures and Kinsey Hills Group.
Scribed enables people to share and publish original writings on its web site. It has more than 50 million readers each month, and more than 50,000 new writings and documents are uploaded.
Quick Stats
- > 50 million readers every month
- > 50,000 documents uploaded every day
- > 5 million iPaper embeds
- 90 different languages
Scribd develop technology to enable to display various formats PDF, Word, PowerPoint and many other file formats into an elegant web display. Scribed with iPaper technology that is used allows for sharing of documents and other content between users. Users can share their original work with Scribd’s community of passionate readers, and Scribd presents the every word in the content for indexing and optimization for easy discovery through search engines.
Scribd compete with docstoc, Issuu, and similar sharing of ppt through slideshare.
Reading List
TechCrunch Scribd Raises $9M So You Can Continue To View PDFs Online
VentureBeat Scribd raises $9M, hires new president for social publishing
Tags : bebo, Charles River Ventures, docstoc, Issuu, Redpoint Vetures, Scribd, sildeshare