[ Readly raises $14.38M in Series B ]

Readly has raised $14.38 million in Series B funding.

Founded in 2013, Readly is the new way of reading magazines on tablets and smartphones. The app lets customers have unlimited access to thousands of national and international magazines for a fixed monthly subscription.

The new funds will be used  to further the company  international expansion and support growth in its existing markets.

Funding  Series B
Founded  2013
Country  Sweden
City  Stockholm
Founder / CEO  Per Hellberg
Deal Size  $14.38M
Investors  Aggregate Media
 Hermes GPE
 Zouk Capital LLP
 Commercial Growth Fund
Previous Investors  Zouk Capital LLP