With 1B Pageviews Under Its Belt, UGC Giant Wikia Raises $10.8M From IVP, Bessemer & Amazon

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http://techcrunch.com – 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. [SEC filing here.] The company, which is already profitable and will remain “profitable for years,” according to its CEO, will use the cash to bolster its mobile and video efforts. With the added financing, Wikia’s total funding is now $25 million. Founded by Jimmy Wa (IT news)