Growth and fundingTo date, Wattpad has received almost $70M in funding from investors. In 2011, Wattpad announced that it received $3.5M in total funding from its current investors, and from W Media Ventures, Golden Venture Partners, and Union Square Ventures. Then in June 2012, Wattpad raised $17.3M from a group of venture funds led by Khosla Ventures.
The latest round of financing happened in April 2014, where Wattpad announced $46M in Series C funding led by OMERS ventures.