Wattpad has raised a financing round of $46 million from a group led by Canadian pension fund OMERS that the collaborative-writing platform says will help it expand its global community of writers and readers and add more support
Social writing site Wattpad and independent publisher Sourcebooks announced a broad partnership in which Sourcebooks will traditionally publish some Wattpad authors and will promote its own authors on Wattpad’s site.
Wattpad, which has built a social network for aspiring authors that allows them to build a fan base around their writing, has launched a crowdfunding feature to make it easier for them to monetize their content.
Community-writing site Wattpad says over 70% of time spent on the service comes from users on tablets or smartphones. One of its most requested features is the ability to write and edit stories from mobile devices. So the company is rolling out “Create” functionality for Android.
Margaret Atwood may be a literary legend, but she isn’t resting on her laurels — instead, she is working with the online writing community at Wattpad to encourage new writers, and crowdfunding a new platform for artists called Fanado.
Wattpad, which describes itself as the world’s largest online community of readers and writers, has raised $17 million from a group of venture funds led by Khosla Ventures. Khosla partner Andrew Chung says he thinks Wattpad can do for writing what YouTube has done for video.
New initiatives from Open Road Integrated Media and Wattpad hope to draw teen readers in with webisodes, music videos, “triggered events” an…
Wattpad, an online writing community that lets users share and collaborate on stories across platforms including mobile apps, has closed a $…
Union Square Ventures partner Albert Wenger says that while Amazon has revolutionized the traditional book industry with the Kindle, digital storytelling still isn’t really social — which is why his firm has led a $3.5M Series A financing round for Toronto-based social-reading startup Wattpad.