TextDrive
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TextDrive is a managed webhosting company created by Dean Allen (creator of Textpattern, a weblog/content management system, as well as Textile [1], a lightweight markup language) and Jason Hoffman, designed primarily (but not exclusively) as a hosting service for online publishing using open-source tools. Allen was able to raise just under $40,000 in startup funding in just over three days. The investors, also known as the "VC 200," were an assortment of web developers, designers, and bloggers. Allen chose this means of raising capital as a community-funded alternative to traditional venture capital.
Recently, TextDrive were acquired by Joyent, a company specialising in collaboration software and hardware for small businesses. Both companies were very positive about the acquisition. One immediate effect of the deal has been the creation of an offer dubbed the 'Mixed Grill', a bundle of TextDrive hosting, StrongSpace (online backup and storage space) storage, and Joyent's Connector service, hosted on StrongSpace. Other planned benefits for users of TextDrive include a revamped statistics package, including webmail based on Joyent's.