Wetpaint Obtains $9,500,000 Series B Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb191f25-2fb8-4016-ba24-5562a07c91da&Preview=1
Date
1/9/2007
Company Name
Wetpaint
Mailing Address
307 3rd Ave. S. Seattle, WA 98104
Company Description
Wetpaint is changing the way people share and collaborate about passions and interests online through its consumer-friendly Wiki platform. For the first time, anyone who knows how to use Microsoft Word can use Wetpaint to click and type online.
Website
http://www.wetpaint.com
Transaction Type
Venture Equity
Transaction Amount
$9,500,000
Transaction Round
Series B
Proceeds Purposes
Wetpaint will use the additional capital to enhance and to market the Wiki platform to the growing number of consumers who want to collaborate and generate content online.
M&A Terms
Venture Investor
Accel Partners
Venture Investor
Trinity Ventures
Venture Investor
Frazier Technology Ventures