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Archive for July 30th, 2007

Wiki on Google

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Wikipedia founder Jimmy Wales said on Friday he is putting the building blocks in place for a community-developed Web search service that would rival search engines such as Google or Yahoo.

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His commercial start-up, Wikia, has acquired Grub, a pioneering Web crawler that will enable Wikia’s forthcoming search service to scour the Web to index relevant sites.

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“If we can get good quality search results, I think it will really change the balance of power from the search companies back to the publishers,” said Wales, chairman of San Mateo, California-based Wikia. “I could be wrong about this, but it seems like a likely outcome.”

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Wikia has acquired Grub from LookSmart Ltd., which had halted work on the project.

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Terms of the deal between Wikia  and LookSmart  were not disclosed.

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Wikia has raised $14 million in outside financing, including its latest round of $10 million from Amazon.com, according to a regulatory filing by the company.

[source]

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While searching, I stumble upon a Nice Presentation by Ben Holmes of Index Ventures at the FOWA Conference in London “Everything you need to know about Venture Capital“. He put the presentation on World’s Best Presentation Winner Slideshare.

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