Click here to close now.


News Feed Item

AVAC Ltd. Announces Investment in eBook Distributor, Enthrill

Enthrill Distribution Inc. Secures Financing to Stimulate Growth

CALGARY, AB--(Marketwired - August 07, 2014) - AVAC Ltd., a private Canadian company that invests in promising early stage ventures, today announced their investment in Enthrill Distribution Inc., an innovative provider of ebook distribution products and services for the global publishing industry. Including AVAC's investment, Enthrill secured over $1.3 million in this round of financing.

Enthrill's cloud-based software platform opens up a previously inaccessible B2B market for publishers who had no means of fulfilling bulk orders for electronic books. The same patent-pending technology, which enables ebooks to be securely distributed to any electronic reading device (which include computers, tablets, smartphones and e-readers), also provides traditional hard copy retailers with the ability to sell ebooks, either online or via a unique ebook gift card, to their customers.

"We are excited to announce our investment in, and support for Enthrill," says Dr. Michael Raymont, CEO and President, AVAC Ltd. "Enthrill's talented and experienced team has clearly demonstrated their understanding of the international publishing industry, its needs and its market dynamics. The publishing and retail worlds have been eagerly waiting for a way to distribute ebooks to any reader on any device -- which is exactly what Enthrill delivers."

Enthrill plans to use this investment to fuel ongoing product development and the next stage in its commercial growth, which will include sales and marketing efforts for global distribution.

"Working closely with the team at AVAC while they conducted their in-depth due diligence has validated our business strategy," says Kevin Franco, President and Co-Founder of Enthrill. "AVAC has taken a genuine interest in our organization, spending the time to thoroughly understand our business and ensure our capital requirements were in place for the next stage of our growth."

Enthrill's ebooks are currently available at participating Canada Safeway, Co-op, and Sobeys stores and will be available in Walmart Canada stores in the fall, 2014. Publishers whose titles are available through Enthrill include HarperCollins, Harlequin, Open Road Media, Scholastic, Kensington, Palgrave Macmillan and many others.

About Enthrill
Enthrill Distribution Inc., is a provider of innovative digital content distribution technologies for the publishing industry. Enthrill has positioned itself to provide complete end-to-end, cross-platform ebook delivery products to enable publishers to grow and expand their ebook business. For more information, visit

About AVAC Ltd
AVAC Ltd is an investment company with over 16 years of experience in helping bridge the critical investment gap that exists between innovative ideas and commercial business success. AVAC invests in promising early-stage commercial ventures in value-added agri-business, information and communications technologies, life sciences, and other industrial technology sectors. AVAC also manages an active early-stage venture capital fund-of-funds investment pool and the Accelerate Fund, an angel co-investment fund. Find out more:

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Between the compelling mockups and specs produced by analysts, and resulting applications built by developers, there exists a gulf where projects fail, costs spiral, and applications disappoint. Methodologies like Agile attempt to address this with intensified communication, with partial success but many limitations. In his session at DevOps Summit, Charles Kendrick, CTO and Chief Architect at Isomorphic Software, will present a revolutionary model enabled by new technologies. Learn how busine...
Today’s connected world is moving from devices towards things, what this means is that by using increasingly low cost sensors embedded in devices we can create many new use cases. These span across use cases in cities, vehicles, home, offices, factories, retail environments, worksites, health, logistics, and health. These use cases rely on ubiquitous connectivity and generate massive amounts of data at scale. These technologies enable new business opportunities, ways to optimize and automate, al...
Manufacturing has widely adopted standardized and automated processes to create designs, build them, and maintain them through their life cycle. However, many modern manufacturing systems go beyond mechanized workflows to introduce empowered workers, flexible collaboration, and rapid iteration. Such behaviors also characterize open source software development and are at the heart of DevOps culture, processes, and tooling.
Chris Van Tuin, Chief Technologist for the Western US at Red Hat, has over 20 years of experience in IT and Software. Since joining Red Hat in 2005, he has been architecting solutions for strategic customers and partners with a focus on emerging technologies including IaaS, PaaS, and DevOps. He started his career at Intel in IT and Managed Hosting followed by leadership roles in services and sales engineering at Loudcloud and Linux startups.
The IoT market is on track to hit $7.1 trillion in 2020. The reality is that only a handful of companies are ready for this massive demand. There are a lot of barriers, paint points, traps, and hidden roadblocks. How can we deal with these issues and challenges? The paradigm has changed. Old-style ad-hoc trial-and-error ways will certainly lead you to the dead end. What is mandatory is an overarching and adaptive approach to effectively handle the rapid changes and exponential growth.
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. Migration to cloud shifts computing resources from your data center, which can yield significant advantages provided that the cloud vendor an offer enterprise-grade quality for your application.
The APN DevOps Competency highlights APN Partners who demonstrate deep capabilities delivering continuous integration, continuous delivery, and configuration management. They help customers transform their business to be more efficient and agile by leveraging the AWS platform and DevOps principles.
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Containers are changing the security landscape for software development and deployment. As with any security solutions, security approaches that work for developers, operations personnel and security professionals is a requirement. In his session at @DevOpsSummit, Kevin Gilpin, CTO and Co-Founder of Conjur, will discuss various security considerations for container-based infrastructure and related DevOps workflows.
As-a-service models offer huge opportunities, but also complicate security. It may seem that the easiest way to migrate to a new architectural model is to let others, experts in their field, do the work. This has given rise to many as-a-service models throughout the industry and across the entire technology stack, from software to infrastructure. While this has unlocked huge opportunities to accelerate the deployment of new capabilities or increase economic efficiencies within an organization, i...
In his session at DevOps Summit, Bryan Cantrill, CTO at Joyent, will demonstrate a third path: containers on multi-tenant bare metal that maximizes performance, security, and networking connectivity.
There are so many tools and techniques for data analytics that even for a data scientist the choices, possible systems, and even the types of data can be daunting. In his session at @ThingsExpo, Chris Harrold, Global CTO for Big Data Solutions for EMC Corporation, will show how to perform a simple, but meaningful analysis of social sentiment data using freely available tools that take only minutes to download and install. Participants will get the download information, scripts, and complete en...
Containers are revolutionizing the way we deploy and maintain our infrastructures, but monitoring and troubleshooting in a containerized environment can still be painful and impractical. Understanding even basic resource usage is difficult - let alone tracking network connections or malicious activity. In his session at DevOps Summit, Gianluca Borello, Sr. Software Engineer at Sysdig, will cover the current state of the art for container monitoring and visibility, including pros / cons and li...
IT data is typically silo'd by the various tools in place. Unifying all the log, metric and event data in one analytics platform stops finger pointing and provides the end-to-end correlation. Logs, metrics and custom event data can be joined to tell the holistic story of your software and operations. For example, users can correlate code deploys to system performance to application error codes.