Self-publishing website Wattpad completes first round of funding

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
FUND RAISING 
Database Reference:  F231109-317
 
Business:  Wattpad
Web:  http://www.wattpad.com
Location:  Canada, Toronto
Region:  North America
Business description:  Allows anyone to publish. All the content can be easily accessed on Wattpad’s website, mobile site or through the Wattpad application supported on all mobile devices including Apple iPhone, Google Android, RIM BlackBerry, Nokia, Motorola, Sony Ericsson, Samsung, LG and more.

Category: e-books
Contact 1:  Allen Lau, CEO and Co-founder of Wattpad
Contact 2:  Ivan Yuen, co-founder 
 
Investors:  A consortium of private investors including Harvey Beck and Alan Levine, former co-CEOs of ICOM and Bert Amato, co-founder of Delrina
  
Amount raised:  Undisclosed
 
Details:  Wattpad has completed its first round of funding. The investment we received will be used to leverage the company’s rapid growth and expand engineering, marketing and business development efforts.

Link:  Press Release

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