The venture capital fund Softline Venture Partners has agreed to invest $1 million in ebook online service Bookee. The investment will be disbursed over three years, Softline announced on its corporate web-site.
Bookee, which is expected to launch in early November 2009, will offer ebook search and download service. The users will have to first download the bookee interface software in order to read and buy the electronic books.
In June 2009, Russia’s largest online digital book store LitRes was acquired by book publisher Eksmo. The software supermarket Softkey recently launched ebook section on its web-site.
In July 2009, Softline Venture Partners invested in hypervideo technology developer Actio.