Wikipedia Offshoot Wikia Raises $4 Million in First Round
St. Petersburg, Fla. - Wikia, a provider of advertising-supported platforms for developing and hosting online communities, has raised $4 million in its first round of venture capital, led by Bessemer Venture Partners. Previously called Wikicities, Florida-based Wikia allows online groups to share information, news, stories, media and opinions. The company was launched in 2004 by Angela Beesley and Jimmy Wales, who previously founded Wikipedia, the free, "open source," online encyclopedia. Both Wales and Beesley serve as board members of the Wikimedia Foundation. http://tinyurl.com/g5frl http://www.wikia.com
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