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TheReadingRoom Secures $2.75M in Funding & Opens New York Office

New Funds Will Fuel Firm’s Accelerated Growth in the United States

TheReadingRoom, the leading independent online portal for avid readers to discover new books, today announced that it had successfully completed its latest round of funding, raising $2.75 million through the support of existing shareholders and other private investors. New York With this new capital, TheReadingRoom plans to continue to drive membership and implement a range of site enhancements and commercial partnerships. TheReadingRoom also announced that it has relocated its sales and marketing team to the New York City office, including the founder and CEO Kim Anderson, the head of Sales Cara Codemo, and Marketing Director Ben Aronsten. The office is located at 205 Hudson Street, Level 9; New York, NY 10013. TheReadingRoom will retain its offices in London and Sydney. “We are empowered by our investors’ commitment to our business, as demonstrated by their financial support to fuel our continued growth,” said Kim Anderson, Chief Executive Officer, TheReadingRoom. “The funds raised today will enable us to meet the growing demand for TheReadingRoom to be the online platform of choice for readers to discover new authors, classics and those hidden gems, and importantly to connect with other, like-minded readers. TheReadingRoom can now accelerate its expansion across the United States and North America.”