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. Textpattern is a content management system originally developed by Dean Allen. ... A weblog (now more commonly known as a blog) is a web-based publication consisting primarily of periodic articles (normally, but not always, in reverse chronological order). ... A content management system (CMS) is a computer software system for organizing and facilitating collaborative creation of documents and other content. ... Textile is a lightweight markup language originally developed by Dean Allen and billed as a humane Web text generator. Textile converts its marked-up text input to valid, well-formed XHTML and also inserts character entity references for apostrophes, opening and closing single and double quotation marks, ellipses and em... A lightweight markup language is a markup language with simpler syntax, so that it is easier for a human to enter with a simple text editor. ... Venture capital is a general term to describe financing for startup and early stage businesses as well as businesses in turn around situations. ...
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