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Scribd Scores New President and $9M Investment

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Dec 22, 2008 

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Kathleen  |

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Scribd Scores New President and $9M Investment

ADOTAS – Social document-sharing service Sribd has reeled in $9 million in Series B funding led by Charles River Ventures; Redpoint Ventures and Kinsey Hills Group participated. Scribd has also scored a new president – George Consagra, previously chief operating officer of AOL’s social networking site Bebo.

Consagra will be responsible for Scribd’s business development, sales, finance and marketing. Charles River’s Bill Tai will join Scribd’s board.

Scribd currently has roughly 50 million users a month and reports that 50,000 documents are uploaded daily.

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