• WOWIO Raises $1.7 Million, Acquires Online Community WEvolt

    eBook marketplace WOWIO announced today the close of $1.7 million in private financing and the subsequent acquisition of WEvolt, a social networking platform. WOWIO CEO Brian Altounian led the financing round, which follows a seed round of $1 million completed in October 2009. According to the press release, the financing rounds will be used for WOWIO to pay off legacy obligations and set… Read More