More dollars go towards wiki tools

October 28th, 2005
Author: DialogueMedia

PaidContent’s Rafat Ali has details on Wikisphere’s venture capital funding announcement, where the firm has reportedly grabbed $5.25 million to work with. As Ali mentions, Socialtext was one of the first big names (perhaps the first, though you can never be sure) in the space to get serious backing to get the wiki into more hands, so this is still pretty big news. Just like blogging tools become a content management tool (printing press, if you prefer) for the masses, the wiki is a collaborative tool that enables everyone from large companies to you and I to create big-scale sites with some fantastic functionality – handling everything from a new encyclopedia that can be edited and read by all, to perhaps remaking the underutilized corporate Intranet.

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  • Mary Thon
    I love this information. Wiki dollars are a demonstration of a trend that is putting communication tools in the hands of the people, small business and social atmospheres. I can see a day in the near future where companies will need to imploy Directors of Wiki - as they had to add IT departments in the past. I bet this is already taking place based on the funding data you have displayed. Do you believe it is possible that some agressive minded companies already have staff dedicated to Wiki? If so, in your opinion, what would the necessary job qualifications be? Its such a broad reaching responsibility. Now - one that includes big budget management. I'm off on a tangent. The crux of my note is in support and celebration of the new Web 2.0 revolution that is putting the keys to the virtual city even more in the hands of its residents... What next? I beg, what next?
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