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Amazon.com invests in Wikia site

Businessweek
Wednesday, December 6, 2006

Wikia Inc., the Web site launched by Wikipedia founder Jimmy Wales, said Wednesday it received investment funding from online retail giant Amazon.com Inc.

Financial terms weren't disclosed. Amazon.com is the sole investor in Wikia's second round of funding and Wikia's first corporate investor.

Wikia received $4 million in Series A funding earlier this year from an investor group that included Bessemer Venture Partners, Omidyar Network and angel investors Marc Andreessen, Josh Kopelman, Joichi Ito, Mitch Kapor and Ron Conway.

"Amazon has always believed in giving the customer as much information as possible so that they can make the purchase that's best for them," said Jeff Bezos, founder and CEO of Amazon.com. "We want to support the continued growth of sites like Wikia, which has cracked the code for user-generated content."

Wikia supports the development of the open source software that runs both Wikipedia and Wikia, as well as many other wiki sites. Wikia plans to enhance the software with improved usability, spam prevention and community management.

Since the site's launch in November 2004, more than 400,000 articles on 2,000 topics have been created and edited by over 30,000 registered users in 45 languages. Wikia hosts topics such as politics, psychology, the iPod, television shows and travel guides.

 


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