The digital publisher The Atavist has secured new funding from some major Silicon Valley investors to grow its digital reading app.
Check it out at The New York Times: “[the publisher] attracted $1 million of what will eventually be $1.5 million in seed money. But the real punch line? The backers include Eric E. Schmidt (of Google), Marc Andreessen (a founder of Netscape) and the Founders Fund, which has among its leaders Peter Thiel (a founder of PayPal) and Sean Parker (Facebook’s first president).”
Last year, we interviewed Evan Ratliff, one of the founding editors of The Atavist. During the long interview, Ratliff explained how his boutique publishing house publishes long-form multimedia nonfiction in a time when outlets for long-form reporting are dying out.