Since it was officially launched four years ago at the Tools of Change conference by Mark Coker, Smashwords has distributed 100,000 e-books, a milestone it passed earlier this week.
 

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According to the company, over 35,000 authors, small publishers and literary agents have used Smashwords to distribute their e-books to e-tailers that include Barnes & Noble, the Apple iBookstore, Sony, Kobo and the Diesel eBook Store.

Now employing 13 people, Smashwords said it has been profitable for 18 months (it takes 15% of the sale price of an e-book) and continues to grow, releasing 8,500 e-books in the last 30 days.

SOURCE: Publishers Weekly