Wetpaint is out to make blogging easier by allowing groups to collaborate. Call it a wiki-meets-blog mashup. Accel Partners said Tuesday it liked the idea, backing the Seattle start-up in a second round of funding worth $9.5 million.
The Wetpaint Collab-a-blog (our words, not theirs) addresses the fundamental problem with the idea of blogging - that of fatigue. One person, acting alone, can get weary of posting every day, but many hands can make the work lighter.
Joining Accel in the round were existing investors Trinity Ventures and Frazier Technology Ventures. The latest round brings the company’s total funding to $14.8 million, and will be used to further develop the company’s software tools.
Theresia Gouw Ranzetta, a general partner at Accel Partners has joined Wetpaint’s board. Wetpaint has signed up 150,000 community sites ranging from church and gaming groups to civil air patrol outfits. It’s also caught the attention of prominent brands including AOL, major broadcast networks like ABC and CBS, as well as American Express Publishing, and T-Mobile.
Competitors include small start-ups like Berkeley-based PersonalBee and titans like Google and Yahoo.


