Graphic.ly Raises $1.2M For Comic Publishing
Monday, January 4, 2010; 6:30 AM
Graphic.ly, a content delivery system and community platform for the publishing world, today announced that they have raised $1.2 million in funding. Graphic.ly was originally named Take Comics, and was part of the 2009 TechStars program in Boulder, Co.
Graphic.ly raised $1 million. The round was led by DFJ Mercury, and included Starz Media, LLC, as well as, Northstar Equity Investors. Individual investments as well came from David Cohen, Chris Sacca, Jake Nickell, Paige Craig and Dave McClure.
Graphic.ly?s first product, which focuses on comic publishers, creators and enthusiasts, provides an immersive social experience and marketplace around digital comics and associated merchandise. The company looks to expand its community and content platform and become the de facto solution for print media.
Graphic.ly also has announced a partnership with Marvel Comics, one of the leaders in comics, allowing Graphic.ly users to read Marvel comics on the go, exactly like what Panelfly did on the iPhone.
The company has brought in Micah Baldwin as the CEO of Graphic.ly. Previously, Micah was the Vice President of Business Development and Chief Evangelist at Lijit. Micah is also an advisor at TechStars, which explains the relationship between Graphic.ly and Micah.
Graphic.ly is going to use the funds to expand development and marketing efforts and begin work on content partnerships.
Also, the first 1,000 to use the code TECHCRUNCH will be able sign up immediately.