With 1B Pageviews Under Its Belt, UGC Giant Wikia Raises $10.8M From IVP, Bessemer & Amazon
User generated content company Wikia is breaking the news of its raise of over $10.8 million in Series C funding today in a press release soon to be sent out to tech media. The financing was led by Institutional Venture Partners with a follow on from existing investors Bessemer Ventures Partners and Amazon.com.
The company, which is already profitable according to the release, will use the cash to bolster its mobile and video efforts. With the added financing, Wikia’s total funding is now $25 million.
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