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Startups to watch

It's getting crowded on the Web 2.0 frontier, but there are still some startups that truly stand out. Business 2.0 Magazine identifies the ones most likely to strike gold in 2007.

Wikia operates a hosting service for ad-supported community sites that use the same software and collaborative content model that made Wikipedia a Web phenomenon.

Launched in 2004, Wikia communities range from fans of 24 to politics junkies. Wikia is also working on an open-source, user-generated search engine.

Funding: $4 million (Amazon.com, Marc Andreessen, Bessemer Venture Partners, others)

Founders: Angela Beesley, Jimmy Wales (shown right)

Headquarters: San Mateo, Calif.

Employees: 33

Founded: 2004

Business model: Advertising

Bragging rights: 500,000 articles in 45 languages

Next up: Hiring; expanding into Japan; adding more languages; developing open-source search engine

Contact: Angie Shelton, angie@wikia.com

Tell us what you think about our 25 startups to watch: Are any of them the next YouTube or MySpace?

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