After announcing $6 million in seed funding last September, BookClub has now raised a $20 million Series A financing. The round was led by Signal Peak Ventures — which was joined by GSV Ventures, Maveron, Backstage Capital and Pelion Venture Partner, along with MasterClass co-founded Aaron Rasmussen and Goodreads co-founder Otis Chandler. The service has been in private beta, but expects to open to the public in July. TechCrunch says they are still “experimenting with two services to bring author-led discussions to readers.” One is a traditional interview-style format with the author; another has viewers “click through videos as they […]
