Wetpaint Injected With Mega Investment Bucks

Thu, 05/22/2008 - 14:27

Partner With Wetpaint Injected

Fresh, original content is a website's most valuable asset. It keeps users coming back, and most importantly, gives a website a higher search ranking and more ad sales. So when a service promises to add tons of fresh, user-generated content with only a few lines of code -- for free -- you can see why a lot of heads have been turning -- many of which have money to invest.

Wetpaint, a Seattle-based wiki provider whose technology is used in almost a million social communities, has announced $25 million in venture capital funding for its new embeddable social publishing platform, Injected. The deal, which includes major investors like DAG Ventures, Trinity Ventures, and Accel Partners, brings total funding to around US $40 million.