Kobo

Toronto, Canada Founded: 2009 • Age: 17 yrs Acquired By Rakuten
Provider of app-based reading and self-publishing platform

About Kobo

Kobo is a Media & Entertainment company based in Toronto (Canada) founded in 2009, and was acquired by Rakuten in November 2011. Provider of app-based reading and self-publishing platform. Kobo has raised $116 million across 3 funding rounds from investors including Rakuten, CKH LIMITED and Indigo. Kobo has completed 2 acquisitions, including Escapes and tolino. Its chief executive, as recorded, is Michael Tamblyn. Its website kobo.com draws about 8.8 million monthly visits. Its focus areas include Book Tech, Book Reading, Devices and Consumer.

Company details

Kobo was founded in 2009 in Toronto, Canada, as a provider in the digital publishing sector. A self-publishing platform called Kobo Writing Life is offered to authors for digital distribution of their works. Content is made available via a companion app compatible with Android and iOS devices. Real-time sales tracking is enabled through an integrated analytics suite. Support is extended to multiple languages, such as German, Spanish, Italian, and Portuguese.

  • Headquarters Toronto, Canada
  • Stage Acquired
  • Sectors
    Media & Entertainment
  • Website category Arts and Entertainment · Books and Literature
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website store.kobobooks.com
  • Social LinkedIn X Facebook
  • Acquired by Rakuten (Nov 2011)
Key Metrics
  • Total Equity Funding
    $116M (USD)

    in 3 rounds

  • Latest Funding Round
    $53M (USD), Series C

    Apr 2011

  • Investors
    Rakuten

    & 2 more

  • Investments & Acquisitions
    Escapes

    & 1 more

  • Acquired by
    Rakuten

    (Nov 2011)

Apps and channels of Kobo

Kobo publishes 1 mobile app with over 10M+ downloads.

Kobo | eBooks & Audiobooks
Google Play Books & Reference Teen Free 10M+ downloads
Developer: Kobo Books
View on Google Play

Funding Insights of Kobo

Kobo has successfully raised a total of $116M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $53 million completed in April 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $116M
  • Total Rounds 3
  • Last Round Series C β€” $53M
  • First Round $13M

    (Jul 2010)

  • Investors Count 2

All 3 funding rounds of Kobo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2011$53MSeries C––
Mar 2011$50MSeries C––
–
Jul 2010$13MSeries B––
–
Valuation history

3 investors in total: 3 institutional.

Investors in Kobo

Kobo has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Rakuten, CKH LIMITED and Indigo.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Stationery products are retailed by Indigo in Canada.
1996indigo.caToronto, Canada
Ports, retail, infrastructure, energy, and telecommunications are operated worldwide.
ckh.com.hkRomford, United Kingdom
Internet services in e-commerce, finance, and digital content are operated.
1997global.rakuten.comSetagaya City, Japan
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Investor details for Kobo

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Kobo

3 people are tracked at Kobo (3 in leadership).

NameRoleGroup
Michael Tamblyn
CEO & PresidentLeadership
Anna Giagkou
Chief Financial OfficerLeadership
Blair Abercromby
VP Of FinanceLeadership
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Complete people profiles for Kobo

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by Kobo

Kobo has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Escapes and tolino.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Ebooks and audiobooks are retailed via a mobile application.
mytolino.deMunich, Germany0Jan 2017β€’β€’β€’β€’
A travel blog is operated to inspire adventure seekers.
aquafadas.comMontpellier, France2006Oct 2012β€’β€’β€’β€’
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Complete acquisition details for Kobo

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Kobo

6 dated milestones of Kobo across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Kobo is founded.
  2. Funding First funding round of $13.0M.
  3. Funding Latest funding round, Series C, of $53.0M.
  4. Exit Acquired by Rakuten.
  5. Acquisition Acquires Escapes.
  6. Acquisition Acquires tolino.

Web traffic of Kobo

The website of Kobo (kobo.com) receives about 8.8M visits a month and ranks #5,694 among all websites worldwide, #538 in Books and Literature.

  • Monthly visits
    8.8M

    ▲ 9.1% vs previous month

  • Unique visitors
    3.4M

    per month

  • Global rank
    #5,694

    among all websites

  • Category rank
    #538

    Arts and Entertainment · Books and Literature

Similar websites

Websites whose visitors overlap most with Kobo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
indigo.ca
100%
7.5M#4,165View details
feedbooks.com
100%
59.3K#718,372View details
overdrive.com
92%
14.3M#3,464View details
libro.fm
libro.fm
82%
#40,356–
inmondadori.it
inmondadori.it
80%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Kobo

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  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Kobo

Kobo was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Kobo is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Michael Tamblyn is the CEO of Kobo, as recorded in our data.

Kobo is a funded company, having raised a total of $116M across 3 funding rounds to date. The company's 1st funding round was a Series B of $13M, raised on Jul 2010.

Kobo was founded in 2009 in Toronto, Canada, as a provider in the digital publishing sector. A self-publishing platform called Kobo Writing Life is offered to authors for digital distribution of their works. Content is made available via a companion app compatible with Android and iOS devices. Real-time sales tracking is enabled through an integrated analytics suite. Support is extended to multiple languages, such as German, Spanish, Italian, and Portuguese.

Kobo has made 2 acquisitions, including Escapes, and tolino.

Kobo has 3 investors. Key investors include Rakuten, CKH LIMITED, and Indigo.

Yes. Kobo was acquired by Rakuten in November 2011.

Yes. Kobo publishes Kobo | eBooks & Audiobooks, with over 10 million downloads.

The website of Kobo receives about 8.8 million visits a month and ranks #5,694 among all websites worldwide.

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