Tech Company Financing Transactions

Wetpaint Funding Round

Wetpaint, operating out of Seattle, received $25 million from DAG Ventures, private investors and Accel Partners.

Transaction Overview

Company Name
Wetpaint
Announced On
5/19/2008
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series C
Investors

DAG Ventures (Lead Investor) (John Cadeddu)

private investors (Lead Investor)

Accel Partners (Theresia Gouw Ranzetta)

Frazier Technology Ventures (Len Jordan)

Trinity Ventures (Gus Tai)

Proceeds Purpose
Wetpaint will use the additional funds to accelerate the adoption of its leading social publishing platform and execute on its vision of making every site on the Web socially published with users empowered to create, collect, and organize content together (see related news today "Wetpaint Injected Instantly Transforms Any Website into a Socially Published Supersite").

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
710 Second Avenue 1100
Seattle, WA 98104
USA
Phone
(206) 859-6300
Website
www.wetpaint.com
Email Address
[email protected]
Overview
Wetpaint is changing the way people share and collaborate about passions and interests online through its consumer-friendly Wiki platform. For the first time, anyone who knows how to use Microsoft Word can use Wetpaint to click and type online.
Profile
Wetpaint LinkedIn Company Profile
Social Media
Wetpaint Company Twitter Account
Company News
Wetpaint News
Facebook
Wetpaint on Facebook
YouTube
Wetpaint on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ben Elowitz
  Ben Elowitz LinkedIn Profile  Ben Elowitz Twitter Account  Ben Elowitz News  Ben Elowitz on Facebook
Chief Operating Officer
Rob Grady
  Rob Grady LinkedIn Profile  Rob Grady Twitter Account  Rob Grady News  Rob Grady on Facebook
Co-Founder
Michael Howell
  Michael Howell LinkedIn Profile  Michael Howell Twitter Account  Michael Howell News  Michael Howell on Facebook
VP - Bus. Development
Chris Kollas
  Chris Kollas LinkedIn Profile  Chris Kollas Twitter Account  Chris Kollas News  Chris Kollas on Facebook

 

 

Browse more venture capital transactions:

Prev: 5/18/2008: Veodia venture capital transaction
Next: 5/19/2008: Kythera Biopharmaceuticals venture capital transaction

 

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