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May 13, 2011By Sarah Weinman

eNews: $1 Million More in Funding for Figment; Millions of Images from Yale

May 13, 2011By Sarah Weinman

Teen writing site Figment has secured an additional $1 million in angel investor funding, which will go to developing new sales, marketing and distribution models and a marketplace where authors and publishers can sell their works. Figment will also move into publishing this fall with Blake Nelson’s DREAM SCHOOL, a sequel to his novel GIRL serialized in the 1990s by Sassy magazine. Nelson and Figment will split royalties equally, and PGW will distribute the book online and as a limited-edition print book.  PaidContent Yale University has made its entire digital image collection available online for free and for unlimited use. […]

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Filed Under: eNews, Financing/Start-Ups

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