Wikicities gets $4 mill in VC funds, changes name to Wikia:
"
Filed under: VCs, wikis

This is a couple of
days old, so maybe it's onlynews to me - but
Jimmy Wales'
private wiki initiative hasreceived $4 million in venture
capital from a very hip crowd of investors. Many people love
the MediaWikisystem that Wikipedia runs on. I think others find it
too complicated.
Wikis are interesting,but I can't believe they are going to be
exciting enough to be funded by advertising. I like Wikis alot, so
I hope all these hip investors will be proven correct. I'm not sure
I can see truly mass audiencesediting pages and reading edited
pages on very specific topics. I hope I'm wrong, though!
Found via alarm:clock
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