Welcome!

News Feed Item

Wikia Continues Global Expansion With $15 Million In D-Round Funding

Digital Garage and Existing Investors Lead Substantial Raise to Double Company Valuation

SAN FRANCISCO, Aug. 27, 2014 /PRNewswire/ -- Wikia, the social universe of fandom, today announces it has secured Series D Funding to enable the company to accelerate its global momentum with a focused entry into the Japanese and Asian markets. Digital Garage joins existing investors Amazon, Bessemer Venture Partners and Institutional Venture Partners, as well as a strong line-up of additional investors with strategic strength in Japanese and Asian expansion, significantly raising the company's valuation.

As one of the world's largest media companies, Wikia already represents over 120MM global unique users and 34 million pages of fan-authored content in more than 200 different languages. The site currently boasts more than 400,000 fan communities of video games, TV, movies, music, comics and anime, books, and lifestyle.  Wikia reaches these fans through its web property (www.wikia.com) and a suite of mobile applications and has established strategic and syndication partnerships with top brands around the world including Warner Bros., Carbine Studios, IGN, IDG, and Roddenberry Entertainment. The company also recently announced Sony's launch of a range of next generation applications with richly syndicated Wikia community content.      

While Wikia reaches consumers and superfans across the globe, to date, Wikia has generated revenue primarily in North America and Europe. "Because Japan is a culture steeped in fandom and famous for creating video games, anime and comics – many of which anchor some of the largest Japanese and global communities in Wikia – this makes it a very logical and strategic country for Wikia's global business expansion," stated Craig Palmer, Wikia's CEO and President. "The strategic investors in our Series D Round offer a wide array of media and Japanese business experience that will help us greatly accelerate our success throughout Asia."

Digital Garage led Wikia Series D Funding. Digital Garage is known to invest primarily in companies entering the Japanese Market, Twitter being a notable recent investment. In addition, they offer media advertising/promotion solutions as well as payment solutions that will benefit Wikia's launch in Japan. 

Digital Garage board member Joichi Ito, director of the MIT Media Lab, who also serves on the board of Sony, The New York Times, Creative Commons, and Mozilla, will be advising Wikia on expansion plans into the market.

Joining Digital Garage in the Wikia Series D Funding are Asuka Investments, owned by Tsuguhiko Kadokawa, Chairman of KADOKAWA Corporation – one of Japan's largest publishers of anime, comic book and video games; Tose – a silent force behind the video game market that has developed thousands of first party games for leading Japanese and global video game publishers; Suneight – a boutique investment firm that helped Wikia arrange a portion of Japanese investment; and Nobuyuki Idei – founder of Quantum Leaps, a consultancy that invests in and advises next generation private and public companies. Idei currently serves on the board of Accenture and Lenovo and was previously CEO of Sony.

Wikia's existing investors – Bessemer Venture Partners, Institutional Venture Partners and Amazon also participated in Wikia's D-Round. 

About Wikia:

Wikia, the social universe for fans, by fans, is the home for social fandom and the ultimate source for powerful and relevant pop culture, entertainment and gaming expertise. It is the definitive place for people to contribute to the assembly of original bodies of multi-media content around subjects they know and love. Using Wikia, anyone can form new communities around any subject or participate in over 400,000 existing communities by reading or contributing new content. With over 34 million pages of rich content, Wikia's communities are the most authoritative information about any topic on the Internet. Wikia's video game vertical (games.wikia.com) is a leading video-game focused information hub on the Web. Wikia's recently expanded entertainment verticals (movies.wikia.com, tv.wikia.com, books.wikia.com and music.wikia.com) collectively represent the fastest growing U.S. entertainment destination around the world. Lifestyle.wikia.com boasts over 75,000 communities chronicling fashion, food and technology.

Launched in 2006 by founder Jimmy Wales, Wikia attracts more than 120 million global unique visitors per month and is ranked a Quantcast Top 25 and comScore Top 80 Internet site, as well as a Nielsen Top 10 social network. www.wikia.com or @wikia

SOURCE Wikia

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that Ayehu will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara California. Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infras...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
"We are a monitoring company. We work with Salesforce, BBC, and quite a few other big logos. We basically provide monitoring for them, structure for their cloud services and we fit into the DevOps world" explained David Gildeh, Co-founder and CEO of Outlyer, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 21st Int\ernational Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their ...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists examined how DevOps helps to meet the de...
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
SYS-CON Events announced today that Cloud Academy named "Bronze Sponsor" of 21st International Cloud Expo which will take place October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara, CA. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud com...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
What's the role of an IT self-service portal when you get to continuous delivery and Infrastructure as Code? This general session showed how to create the continuous delivery culture and eight accelerators for leading the change. Don Demcsak is a DevOps and Cloud Native Modernization Principal for Dell EMC based out of New Jersey. He is a former, long time, Microsoft Most Valuable Professional, specializing in building and architecting Application Delivery Pipelines for hybrid legacy, and cloud ...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.