Library eBook Platform Provider Odilo Raises $2.8M in VC Funding
Note: We’ve mentioned Odilo (a company based in Spain) on infoDOCKET in the past. For example, in this post from Jan. 2014 we share details about the company being selected to power the Colorado’s Statewide eBook Pilot.
From Venture Beat:
Odilo, a startup aiming to modernize brick-and-mortar libraries with digital lending services and inventory tech, today announced a $2.8 million funding round (€2.2M) led by Active Venture Partners.
From the News Release:
Having started in April 2011, initially as a company managing digital content, Odilo has positioned itself firmly in the market in only three years of existence. Its technology allows more than 5 million users to access digital content offered by their libraries, schools, universities, professional associations, corporations or municipalities, changing the way we discover and consume such content. The CEO, Rodrigo Rodriguez, says “Odilo removes the technology barriers, allowing any institution to offer all kinds of digital content to its users whilst ensuring compliance with copyright laws.”
Odilo is a pioneer in creating the first open platform selling digital content licenses in Spanish (OdiloPlace) and the first library management system in the world that integrates management of physical and digital book lending (OdiloTT).
The company also sells its proprietary archive management software (A3W) that has already been implemented by the Superior Court of Justice of Spain, Mexico’s Notarial System and top Mexican companies such as Pemex.
About Gary Price
Gary Price (email@example.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com.