We’ve been making great progress at my startup, Webvanta. We recently renamed the company from Collective Knowledge Works, in part because that name was just too long, and in part because it no longer matched our target market. We started out with a broad horizontal focus on knowledge sites, and we’ve evolved to a vertical-market focus on small businesses.

We’re now hosted on a top-quality infrastructure at Engine Yard, and we’ve moved to a largely new codebase with a multi-tenant architecture. BuildingWebApps is now just one tenant, running on exactly the same application that will, in time, host thousands of sites. We’ll be launching the first additional sites within a few weeks, and by the end of September we expect to be in a private beta phase in which invitees can create their own sites.

We’re also ramping up our financing efforts, with the goal of raising a mid-size angel round this fall. Exciting times!