OverDrive

Acquired

A World Enlightened by Reading

Cleveland, United States · Founded 1986

Headquarters
Cleveland, Ohio
Employees
501–1000
Founded
1986
Business Model
B2B
Last Round
Private EquityOct 2010
Rounds
1
Acquisition Date
Dec 2019

About

OverDrive is a mission-based digital content distributor and technology provider, founded in 1986 in Cleveland, Ohio, that serves more than 92,000 public libraries, K-12 schools, colleges, universities, and corporations in 115 countries worldwide. The company offers the industry's largest digital catalog of ebooks, audiobooks, and streaming video, along with award-winning apps including Libby (public library reading), Sora (student reading), and Kanopy (video streaming for libraries). OverDrive is a Certified B Corporation committed to empowering communities with equal access to digital content and advancing global literacy.

Summary

OverDrive is an E-Commerce company based in Cleveland, United States, founded in 1986. Its most recent funding was a Private Equity round in Oct 2010. Investors include Rakuten and Insight Partners.

Funding History

AcquisitionDec 2019

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Private Equity through Acquisition — per-round amounts, valuations, and who invested in each round.

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