From Quill & Quire:
Wattpad, the Toronto-based Internet company that allows readers and writers to connect and share their work online, has completed a new round of funding, including an investment from Union Square Ventures, the New York company whose online investments include heavyweight websites such as Twitter, Tumblr, and Foursquare. The investment from Union Square is part of $3.5 million for Wattpad that also includes money from Toronto’s Golden Venture Partners and Vancouver’s W Media Ventures, which has worked in the past with AbeBooks.
