Former Facebook CTO Bret Taylor announced the launch of a new mobile word processor named Quip. It is available free of charge for personal use but businesses will be charged a subscription.

Former Facebook CTO Bret Taylor has launched a new startup company called Quip, which allows creating and editing documents on any devices including mobile phones, tablets and desktop. People use mobile devices and tablets to check e-mails, browse and several other activities, apart from calling and sending text messages. The proliferation of wireless devices has diminished the use of PCs.

Taylor got help from his former Google employee Kevin Gibbs, who played a key role in creating Google App Engine and Google Suggest. The company has reportedly raised $15 million in venture capital. The start-up comprises of 12 employees and is based in San Francisco.

Quip combines documents and messages into a single thread. It features online and offline editing of the documents and automatic adjustment to the size of the device screen, eliminating the need to zoom in to read the document. In addition, the app is also capable of sending push notifications to alert users if new content is added to the document and allows real-time collaborative editing and discussion.

Quip is available for download on Apple App Store and on desktop for free. The company has introduced a subscription based service for business users. In addition, Quip has also been launched for Android as a Preview version, Tuesday.

"When we started this company, our goal was to create products for work that you actually enjoy using every day," Taylor and Gibbs wrote in a blog post. "We think it's a shame that the apps we use at work are old, poorly designed, and bear the legacy of thirty years of feature creep and clutter. We think your time at work should be composed of the same delightful, beautiful experiences you've come to expect from modern mobile apps."