Wattpad, eBook-Centered Social Network, Closes Round of Funding

Wattpad, founded in 2006, is an eBook centered social network where users can upload and read eBooks from all over the world. The company claims to have over 250,000 eBooks on its site created by Wattpad users, as well as 10 million monthly visits.

Today, Wattpad CEO and co-founder Allen Lau announced that the company has just completed a round of funding. Here’s more from Wattpad: “A consortium of private investors including Harvey Beck and Alan Levine, former co-CEOs of ICOM and Bert Amato, co-founder of Delrina participated in this round.”

There’s lots of excitement around this kind of social network, whether publishing-centered, like Wattpad and Scribd, or reading-based, like Goodreads or LibraryThing. Do you use any of these services? Are they important to the present and future of books?