Radish is officially launching its mobile apps and announcing its $3M in seed funding which comes frommmm:
Greylock, Lowercase Capital, Softbank Next Media Innovation Fund, UTA, Bertelsmann Digital Media Investments (Bertelsmann’s corporate parent owns publisher Penguin Random House), Sherpa Capital, ITV Chairman Peter Bazalgette, former Microsoft executive Charlie Songhurst, Nicolas Berggruen, LendingHome co-founder and CEO Matt Humphrey, BDA China founder Duncan Clark, Jeremy Yap and others.Read more info about the launch on TechCrunch@AmyTan explains the platform:
"Readers read for free and pay a small amount only if they want to read the next installment without delay. The writers get paid immediately — and they still retain copyright and can later publish in another format. The most compelling stories are a win-win for readers and writers alike.”
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