Graphic.ly raises $3 million for digital comics company

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As more folks start off their year with funding announcements, Graphicly has just announced that they have received $3 million in VC via various entities. According to the PR, the funding will lead to the addition of all sorts of multimedia capabilities — video and audio and so on — to their downloadable comics — this bonus content is what many digital comics distributors have been talking about for some time.

Graphicly is currently available as a web, mobile device and stand-alone app; they have a library of more than 1000 comics available, according to the website.

Graphicly, one of the leading digital entertainment platforms, announces that it has raised a Series A financing totaling $3 million dollars. The financing was lead by DFJ Mercury, with participation from 500 Startups, Dundee VC, Ludlow Ventures and several angel investors.

With the additional funding, Graphicly plans to create a true digital entertainment experience by providing audio commentaries, video, music and interactive panels. “Our community is looking for more than just an online digital comic store. They know that comics are not just colorful stories for children, but beautiful art, with deep story lines that are best experienced socially and interactively that extend beyond the page. 2011 is the year we bring that into existence.” stated CEO Micah Baldwin.

“In 2010, we focused on bringing our community to as many digital comic publishers and creators we could, on every platform in existence, and they responded by downloading more than 600,000 copies of our applications in less than 5 months, and spending more than 20 minutes per visit.” said Baldwin. “In 2011, we are taking what we excelled in and combining it with our new funding to bring a greater immersive social experience and new ways to engage with the story and characters.”

Graphicly ended 2010 leading the industry with more than 150 publisher and creator relationships, including industry leader Marvel Comics, Archie Comics, Archaia Entertainment, IDW Publishing, Top Cow and BOOM! Studios, and was the only company to release applications for the desktop with Windows 7 and Adobe Air; mobile with iPhone, iPad, Windows 7 Phone and Android; and the web as a featured partner with the Google Chrome Web Store.

Comments

  1. As a creator who has a graphic novel on Graphic.ly, I for one welcome our new digital overlords!

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