Wattpad is a free app that allows its users to discover and share stories. More than 45 million people around the world use the platform to find entertainment that matches their interests. Wattpad stories are serialized and the entire community participates in the storytelling process through comments, messages, and multimedia.
In June, Wattpad announced a deal with Turner to help generate ideas for shows on Turner networks, starting with the upcoming Tales from the Crypt revival.
The CIX Innovator of the Year Award is given annually to a Canadian company that disrupts and transforms an industry in profound ways. Past recipients of the Award have included Desire2Learn, Vision Critical, and Shopify.
Golden Venture Partners and Omers Ventures are investors in Wattpad and share in the excitement of this award.
“Storytelling hasn’t been the same since Allen Lau and Ivan Yuen launched Wattpad,” said Matt Golden, Managing Director, Golden Venture Partners, an investor in Wattpad.
“Wattpad has transformed the storytelling experience for millions of people,” said Jim Orlando, Managing Director at Omers Ventures, another Wattpad investor.
“We are building the next major entertainment giant right here in Canada,” said Allen Lau, CEO of Wattpad. “To accept this award in our tenth year as a company is a truly humbling experience that validates the work we do to transform how people around the world create and share stories.”
Allen Lau, will accept the award on behalf of Wattpad and share his story and insight at CIX on November 22.