Wednesday Apr 9
Wheelings & Dealings: Collaborative Writing Platform Wattpad Nets $46M in Funding
"We've grown 200 percent since this time last year and tens of thousands of people join the Wattpad community each day," said Allen Lau, CEO and co-founder of Wattpad.
Funding Daily: April 8, 2014
Here's our daily roundup of all the notable startup funding announcements, which we cleverly like to call "Funding Daily."
Silicon Alley Insider
An App That Lets You Write Fan Fiction About The Band One Direction Raised Another $46 Million
Wattpad, an app used by 25 million people to create 150,000 stories per day, is now worth $67 million reports Re/code .
Wall Street Journal
The Daily Startup: Neura Raises Venture Capital for 'Internet of Things'
Companies like LG are developing "smart refrigerators," part of the burgeoning Internet of Things movement that startup Neura believes will catch on.
Collaborative-writing platform Wattpad gets $46M in financing for global expansion
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 Wattpad, a collaborative-writing community that helps new authors connect with a community of fans and fellow writers, ... (more)
Globe and Mail
Wattpad raises $46-million in Series C funding
Allen Lau CEO and co-founder Wattpad, a new form of collaborative entertainment that connects readers and writers across storytelling photographed at his offices on Yonge St., Toronto April 18, 2012, Photo by: Fernando Morales/The Globe and Mail Allen Lau CEO and co-founder Wattpad, a new form of collaborative entertainment that connects readers ... (more)
The modern serial novel goes social
In 1841, excited readers swarmed the New York docks to ask travelers from England whether Little Nell in "The Old Curiosity Shop" was dead.