Wetpaint

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Wetpaint
Type Private
Founded 2005
Headquarters Seattle, Washington, United States
Key people Ben Elowitz
Industry Dot-com (2006-present)
Products Wiki hosting
Employees 41
Website http://www.wetpaint.com/

Wetpaint is a company that provides social network service and wiki hosting service (or wiki farm). Wetpaint was founded in October 2005. Site URLs are often a subdomain of "wetpaint.com", but custom URLs are also available. Wetpaint targets non-technical internet users who want to collaborate online, and therefore attempts to include easy to use features, such as a three step wiki creation wizard. Wetpaint is free of charge and supported by contextual advertising. Established educational sites are ad-free upon request.

In March 2008, Wetpaint added social networking features.[1]

Contents

Company history

Wetpaint is located in Seattle, Washington, USA and received its initial A round of venture capital funding of USD5.25 million from Trinity Ventures and Frazier Technology Ventures in October 2005.[2] Wetpaint closed a USD9.5 million 'B' round of funding in January 2007, adding Accel Partners to the list of investor.[3] Incorporated in Delaware, Wetpaint was originally named Wikisphere.[4] Wetpaint closed a Series C round of venture capital funding of USD25 million in May of 2008. Investors included Accel Partners, Trinity Ventures, and Frazier Technology Ventures.

Wetpaint was a sponsor of Wikimania 2006 and named by Time Magazine as one of the 50 Best Websites of 2007.[5]

Notable Wetpaint partners include Fox Entertainment Group, HBO, Showtime, IGN, NY Giants, Houston Rockets, T-Mobile, HTC, Oracle Corporation, Hewlett-Packard, Discovery Channel, and Lucas Arts.[6]

In July of 2009, Wetpaint laid off 15 of their 56 employees. [7] An additional 9 employees, including co-founders Kevin Flaherty and Alex Berg, were laid off on December 4. [8]

Over one million wikis have been created on Wetpaint.[9]


Permissioning

Wetpaint uses a simple permissions system to give various users different rights. Site administrators can set permissions levels for their entire site, individual pages, and individual users. For example, an administrator may restrict the editing of a page to registered users only; anonymous users who have not logged in and joined the site will not be able to edit the content.

The highest rank of any Wetpaint wiki is its creator, who has full permissions over the wiki. Directly beneath the creator are the administrators, who can do everything a creator can do except for demote the creator. Registered users of a site may be promoted to writers or moderators at the discretion of the administrators. The wetpaint staff also has a hidden administrator account on every wiki.

References

External links

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