Bret Taylor and Kevin Gibbs both worked together on Google Search and the Google’s data center technology. Taylor was the co-creator of Google Maps and the Google Maps API. He also founded a company called FriendFeed, which was sold to Facebook for around $50 million. Taylor became the CTO of Facebook following the acquisition until the summer of 2012 so that he could focus on a new startup. Gibbs is known for also known for creating Google Suggest. Gibbs and Taylor’s new startup is called Quip. Quip is a cloud-based word processor for the iPad, which is available for download now.
Quip has raised $15 million led by Benchmark Capital. Greylock Capital, Marc Benioff, Yuri Milner and Ron Conway also participated in this round. The company currently has 12 employees and is based in San Francisco. ?When we decided to build Quip, it was based on the premise that the shift to tablets and phones is so fundamental and so all-encompassing that it dwarfs the sum of all of these features in importance,? said Quip in a blog post.
An Android version of Quip is currently being developed.
Quip lets users create and save documents in folders, which can be shared with colleagues. The document can be edited in real-time too. Users can also edit documents offline and chat with friends on a document. Recent edits can be seen in the document’s news feed. The application also has checklists and can have links to people or documents. When a document is changed, push notifications can be sent.
Quip is free for personal usage. The company has a subscription-based model for businesses that want to support over 250 users. It costs $12 per user per month, which comes with remote device management support.