Inkling Signs Deals with Pearson, Elsevier; Raises $16M in Funding By Calvin Reid

Inkling, a software platform specializing in creating multimedia e-books for the iPad, has reached major agreements with Pearson and Elsevier to create “next generation,” digital educational content using its Habitat authoring tool. In addition, the company has secured $16 million in series C funding from Sequoia Capital’s Growth Fund and additional funding from its other investors. Inkling also announced the hiring of three new executives to direct its marketing, business development and finance and operations activities