Exclusive: Wattpad makes it easier for authors to go mobile

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 on Wattpad and the value of taking risks

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 raises $17 million to become the YouTube of writing

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.

Union Square backs Wattpad to make reading more social

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.