Wikis Attracting Major Funding

Venture Capital is definitely embracing the Wiki model. Here are some Wikis receiving million dollar funding in recent months.

*ArmChairGM.com – Bought by Wikia for $2 Million

*WikiYou – Seed funding from First Round Capital and Mayfield Fund

*Wet Paint $5.25 Million First Round Funding; $9.5 Million Second Round Funding

*Wikia – $4 Million First Round Funding; $4 Million+ Second Round from Amazon

*SocialText – Multi-Million First Round; $3.1 Million Second Round Funding

That’s a lot of money changing hands. Will be interesting to see how well these Wikis can monetize. ValueWiki watches with interest…

This entry was posted on Monday, February 12th, 2007 at 3:37 pm and is filed under Startup Gossip, Wiki. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Wikis Attracting Major Funding”

  1. stockjockeyutc Says:
    February 22, 2007 at 12:50 pm | Reply

    http://www.redherring.com/Article.aspx?a=21412&hed=Wiki+Providers+Score+Funding

  2. PBwiki Acquires Schtuff « ValueWiki Blog Says:
    March 6, 2007 at 10:57 am | Reply

    [...] announced a $2 Million funding round from MDV on February 21. On February 12th, we noted many Wikis receiving multi-million dollar funding rounds. However, PBwiki notes they acquired Schtuff using their own customer revenue rather than VC [...]

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