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Digital Magazine Publisher Zinio Merges With Blue Dolphin, Raises $7 Million

Authored by Mark Hefflinger on September 12, 2005 - 4:12am.
San Francisco -- Zinio Systems, a publisher of digital versions of magazines and newspapers, announced on Monday that it has merged with online magazine retailer Blue Dolphin Group. As part of the deal, Zinio said it closed a $7 million financing round, led by North Bridge Venture Partners and Commonwealth Capital. Massachusetts-based Blue Dolphin sells a catalog of more than 1,300 digital versions of magazine titles. Zinio said the deal will allow it to offer digital as an option to a new audience of print readers who can now sample digital versions of magazines before subscribing. San Francisco-based Zinio also announced the launch of a global distribution channel for published digital media, which will enable the delivery of both foreign and domestic titles in the language and currency of member countries -- which currently include the U.S., U.K., Poland, Spain, Denmark, Norway, Sweden, Taiwan and Thailand.
tags: VC | Deal | Zinio | merges | Digital Magazine Publisher | Blue Dolphin |