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\title{Authorea Raises a new round of funding to Advance Open, Reproducible,
Data-Driven Research\\}


\author{Alberto Pepe}
\affil{Affiliation not available}



\date{\today}

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Hi friends! We're happy to announce today that we raised another round
of funding to make Authorea better and advance Open, data-driven science
and scholarship. This financing round is led by Lux Capital, a VC firm
with an incredible track record and reputation in the scientific and
academic fields.
\href{https://medium.com/@lux_capital/of-scientists-and-rebels-4c5e68c0b5d4\#.rt3bj4pbm}{They
recently referred to Scientists as the new rebels}! Among the new
investors, we also welcome on board
\href{http://knightfoundation.org/}{Knight Foundation} which supports
transformational ideas that promote quality journalism, advance media
innovation, engage communities and foster the art. Awesome! The full
Press Release of the announcement is included below. (Oh, and
\href{https://www.authorea.com/jobs}{we're hiring!})\\

\textbf{Press
Release.~}(\href{http://www.businesswire.com/news/home/20160126005194/en/Authorea-Raises-1.5M-Advance-Open-Reproducible-Data-Driven}{Link})\\

~\\

NEW YORK --- Authorea, the fastest growing science collaboration and
publishing platform, today announced that it has closed a \$1.5 million
financing to deliver valuable new tools and capabilities to scholars and
researchers across the world. The financing was led
by~\href{http://cts.businesswire.com/ct/CT?id=smartlink\&url=http\%3A\%2F\%2Fwww.luxcapital.com\%2F\&esheet=51266047\&newsitemid=20160126005194\&lan=en-US\&anchor=Lux+Capital\&index=1\&md5=a638c484ae8cfdbadcd122cef86d1f7f}{Lux
Capital}, a venture firm that invests specifically
in~counter-conventional science \& technology companies, along with the
\href{http://cts.businesswire.com/ct/CT?id=smartlink\&url=http\%3A\%2F\%2Fknightfoundation.org\%2F\&esheet=51266047\&newsitemid=20160126005194\&lan=en-US\&anchor=Knight+Foundation\&index=2\&md5=502816121a0a8eec96fef78bf6148ded}{John
S. and James L. Knight Foundation}, a non-profit foundation dedicated to
supporting transformational ideas that foster informed and engaged
communities. Earlier seed
investors~\href{http://cts.businesswire.com/ct/CT?id=smartlink\&url=http\%3A\%2F\%2Fffvc.com\%2F\&esheet=51266047\&newsitemid=20160126005194\&lan=en-US\&anchor=ff+Venture+Capital\&index=3\&md5=7a6e10516d9f6801c68a4df53d06de24}{ff
Venture
Capital}~and~\href{http://cts.businesswire.com/ct/CT?id=smartlink\&url=http\%3A\%2F\%2Fwww.newyorkangels.com\%2F\&esheet=51266047\&newsitemid=20160126005194\&lan=en-US\&anchor=New+York+Angels\&index=4\&md5=cbac9c212616b53e802745cdab185c80}{New
York Angels}~also participated in the round.\\

Authorea.com is the leading collaboration platform to write, share, and
discuss research -- all in real-time. It was created in 2013 by Dr.
Alberto Pepe, a Harvard astrophysicist, and Dr. Nathan Jenkins, a UC
Berkeley physicist, who met while working at CERN and were disappointed
by the slow, inefficient, and obsolete ways by which research papers are
written and disseminated.\\

Authorea is currently used by more than 80,000 scholars across 70
countries, in fields as diverse as physics, astronomy and computer
science. The company offers users a collaborative online editing
platform tailored for academic and technical writing -- a word
processor, which makes adding citations and equations and formatting
references incredibly simple. Authorea is built on a Github-style model
and every document created is a Git repository. This allows users to
track changes in documents in a very granular way and to easily
integrate data into documents.\\

``We're extremely excited to welcome Lux Capital and Knight Foundation
as new investors,'' said Authorea co-founder Dr. Pepe. ``Both have
strong reputations and excellent track records in backing
transformational companies in science and technology.''\\

Authorea allows researchers and academics of all kinds to share
findings, lessons and data, creating richer, more quality information,"
said Ben Wirz, Knight Foundation director for venture investments. ``By
enabling collaboration, it can serve as a building block for more
knowledgable communities and drive new discoveries and innovations.''\\

``All economic growth depends on new discoveries, which depend on
science,'' said Adam Goulburn, PhD, Partner at Lux Capital and Authorea
Board member. ``Authorea is taking on the science of science itself --
how it's researched, reviewed, produced, and published. Whether taking
on the crisis of reproducibility or shortening the time from discovery
to market, Authorea is an indispensable tool spanning breakthroughs from
the cosmos to cancer.''\\

``The future of science rests on powerful methods for collaborating on
open and reproducible research -- Authorea is leading the way to make
this happen,'' said Sam Arbesman, PhD, Scientist in Residence at Lux.
``What Github did for software developers, Authorea is doing for
scientists. Forget stale research stuck in static journals, Authorea
catalyzes real-time collaborations and sparks curiosity and creativity
in the scientific method. Whether powerfully handling formulas, figures,
comments, research results or references -- it is a game-changer and
competitive edge for any scientist.''\\

Authorea is rapidly growing in fields outside of the hard sciences, such
as genomics, environmental science, and computational biology. For
example, in June 2015, a dedicated global team of epidemiology
researchers began an ambitious project to track the Ebola virus using
large-scale genome sequencing. Their groundbreaking research, written on
Authorea,
was~\href{http://cts.businesswire.com/ct/CT?id=smartlink\&url=http\%3A\%2F\%2Fwww.cell.com\%2Fabstract\%2FS0092-8674\%2815\%2900690-X\&esheet=51266047\&newsitemid=20160126005194\&lan=en-US\&anchor=published+in+the+journal+Cell\&index=6\&md5=6e69fa2a57576608e9752fa8e8e5aa0e}{published
in the journal\emph{~Cell}}~and covered
by~\href{http://cts.businesswire.com/ct/CT?id=smartlink\&url=http\%3A\%2F\%2Fwww.nytimes.com\%2F2015\%2F06\%2F20\%2Fworld\%2Fafrica\%2Fgenome-studies-show-how-ebola-spread-initially.html\&esheet=51266047\&newsitemid=20160126005194\&lan=en-US\&anchor=the+New+York+Times\&index=7\&md5=a21a5a5728a74772b218910e150d355a}{the~\emph{New
York Times}}.
The~\href{http://cts.businesswire.com/ct/CT?id=smartlink\&url=https\%3A\%2F\%2Fwww.authorea.com\%2Fusers\%2F10734\%2Farticles\%2F19957\%2F_show_article\&esheet=51266047\&newsitemid=20160126005194\&lan=en-US\&anchor=Authorea+version+of+their+article\&index=8\&md5=529280422bcf4703369200d78dc68aa4}{Authorea
version of their article}~is the only place where readers can peruse the
history, workflows, and research data connected with the study. Authorea
is poised to shake up the stale academic publishing industry via an
online platform that encourages data sharing, and a more open and
transparent dissemination of research results complete with all the data
sources necessary to reproduce them. Authorea plans to use the proceeds
of this funding to encourage more open, data-driven research of this
kind.

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