Schtuff Acquired by PBwiki

Schtuff Acquired by PBwiki

Release Date: March 02, 2007

Teaser:
PBwiki, the world’s largest wiki hosting provider, today announced it is acquiring Schtuff, a popular wiki host. Schtuff is built by JanRain, a technology company based in Portland, Oregon. JanRain announced the sale to focus on its core of identity services.

PBwiki, the world’s largest wiki hosting provider, today announced it is acquiring Schtuff, a popular wiki host. Schtuff is built by JanRain, a technology company based in Portland, Oregon. This acquisition follows several recent announcements by PBwiki including a partnership with 30 Boxes, a fundraising round by Mohr Davidow Ventures announced last week, and record growth.

Wikis, such as the popular online encyclopedia Wikipedia, are increasingly popular with consumers for collaborative projects like online classrooms, hobby groups, and business projects. PBwiki, which hosts well over 150,000 wikis and millions of visitors per month, hosts wikis in three popular categories: education, business, and consumer. These categories are a natural fit for Schtuff’s wikis, which include millions of hits and hundreds of thousands of pages of user-generated content. Schtuff is owned by parent company JanRain.

“We’re thrilled to have Schtuff join the PBwiki family,” said Ramit Sethi, co-founder and VP of Marketing for PBwiki. “A community of a million users joins PBwiki today.”

JanRain announced the sale to focus on its core of identity services. “We’re excited about this deal because we wanted to focus on our core of identity services around OpenID while still taking care of the Schtuff community,” said Scott Kveton, CEO of JanRain. “PBwiki has the best community and the best people, hands down. They were the obvious choice.” As part of the acquisition, PBwiki announced that it would support OpenID in an upcoming release.

Terms of the deal were undisclosed, but funds for the acquisition came from recent PBwiki revenue. The acquisition was announced on March 2, 2007.

About Janrain

The Janrain Customer Identity and Access Management platform helps brands build a unified view of their customers across all devices by collecting accurate customer profile data to power personalized marketing. The proprietary platform encompasses social login, registration, customer profile data storage, customer segments, customer insights, single sign-on, and engagement. Janrain powers customer identity management for brands like Pfizer, Samsung, Whole Foods, Fox News, Philips, Marvel, and Dr Pepper. Founded in 2002, Janrain is based in Portland, Oregon, with offices in London, Paris, and the Silicon Valley in California. For more information, please visit www.janrain.com and follow @janrain.

~Scott Kveton

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