Kobo closes $50 Million investment round, aims for global market

The eBook Reader segment is one of the fastest growing markets today. Toronto-based Kobo has closed a $50 Million investment round led by a leading institutional investor. The company plans on, among other things, a European expansion of its products and services. Existing investors also participated in the round; investing $13M. Hit the jump to see the details from the official release.

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Apps: Kobo Reading Life social app now out for iOS devices

Kobo's Reading Life is the industry’s first-ever global social eReading experience and is now available to both iPad and iPhone users. Reading Life allows users to dive deeper into their reading experience. They can learn about their reading habits from the Reading Life dashboard, achieve reading milestones and targets, unlock dozens of achievement-based badges, and check in with characters and places they encounter in special enhanced ebooks.

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Review: Kindle Leather Cover

By Gadjo Cardenas Sevilla

Two of the best features of the Amazon Kindle 3 are its slim size and light weight but we found these to be disadvantages as well since the device feels quite fragile. Thankfully, Kindle 3 users don't have to look very far for a perfect case as the Kindle Leather Cover adds protection, a dash of style and maintains the device's low profile.

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CES Coverage - Pre show 2: The rise of ebook readers

The Samsung Galaxy Tab (above) running Zinio's app can get you hundreds of newspapers from around the world anytime, anywhere.Looking at two of last year's hottest products, Amazon's Kindle 3 and the Apple iPad, were starting to see a clear path towards the ubiquity of highly portable devices that can double as eReaders  for various materials (be it websites, books, magazines or newspapers) with them.

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