Publishing Company Demibooks Announces Funding From Educational Development Corporation

October 19, 2011

1:00 pm

Demibooks, a Chicago-based publishing technologies company, announced yesterday it has secured equity investment from Educational Development Corporation (EDC), a publicly traded company.  EDC sells children’s books, including Usborn Books and the Kane/Miller line of international children’s titles, through a multi-level sales organization of independent consultants.

Demibooks provides a publishing platform for interactive books.  They recently launched Composer, which is the first affordable, code-free way for publishers and self-published authors and illustrators to create interactive books for the iPad.

Rafiq Ahmed, CEO of Demibooks says,

We are thrilled to receive this investment from EDC. Their deep experience in publishing and distribution gives us a valuable strategic partner.

Composer is available as a free download for a limited time from the App Store.

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Patrick has been involved in the DC and Seattle startup communities for over 2 years… an eternity in tech startups! He has taken two companies from vision to reality as Operations Manager. Fresh off orchestrating a dream move from Seattle to New York, he intends on returning to finance/consulting while advising eager start-ups whenever possible. Reach him on twitter @Skelley84

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