Toronto's Wattpad turns five, celebrates milestones

Posted by Techvibes NewsDesk

Today, Toronto-based startup Wattpad is five years old. The company was founded in November of 2006 in a garage "with a vision to change the way we share stories." The founders wanted to create "the world’s best place for every reader and writer to share and discover stories." 

Today, Wattpad’s dynamic community has become much greater than we ever could have imagined. What was started as a way to read has become a global society of highly engaged readers, who interact from all over the world using Wattpad apps and online. We’re revolutionizing storytelling together and leading the way towards a new form of entertainment.

In 2011, Wattpad reached a few milestones, including their 1 millionth registered user. They also doubled their headcount and raised $3.5 million in funding. Today they have 1.3 million users who contribute to 7 million unique visitors per month and 250,000 new stories every month.

Company:
Wattpad
Website:
http://www.wattpad.com
Location:
Toronto, Ontario, Canada

Great stories bring people together! Wattpad is the world's largest community for discovering and sharing stories. It's a new form of entertainment connecting readers and writers through storytelling, and best of all, it's entirely free. With thousands of new stories added every day, an incredibly active community of readers, and the ability to read on your computer, phone, or tablet, Wattpad is the only place... more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more




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