PBwiki, the website that makes creating wikis simple and password-protection possible also has announced the acquisition of Schtuff, another easy-creation wiki website. PBwiki is a fairly young start-up, created in June 2005 and within 48 hours of launch, 1000 new wikis were made.
Schtuff.com was created by JanRain, a team of 11 people who have been actively working on OpenID protocol. Schtuff.com has about 1 million users and will add OpenID to PBwiki. The acquisition was made by means of customer revenue and not by the venture capital money.
Mohr Davidow Ventures are the ones who invested $2 million in PBwiki and Ron Conway and Chris Yeh plugged in $100K. PBwiki also competes with Wikia, a website created by Jimmy Wales who also founded the concept of the wiki.
[Source: StartupSquad / PBwiki Blog]