Amazon Sole Investor In Round 2 Funding For Wikia; Wikia Acquires ArmchairGM

Amazon is the sole investor in Wikia’s second round; amount undisclosed. It’s a shift from the crowd that invested in the$4 million first round earlier this year from a group including angel investors, Bessemer Venture Partners and Omidyar Network. Wikia is the for-profit community wiki company from Wikipedia founder Jimmy Wales, who is chairman. In the release, Amazon Chairman Jeff Bezos explained the investment: “We want to support the continued growth of sites like Wikia, which has cracked the code for user-generated content.” Wales said Wikia will use the funding to expand internationally and to expand topics covered.
VentureBeat: “Part of Wikia

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