XY WriteIt is a web-based text editor and collaboration tool for groups. Create and collaborate freely on text documents, wherever you’re. The application is extremely easy to use and doesn’t require any technical know how. Create text documents, invite others to collaborate, discuss documents, save documents to your PC, etc. No need to email files back and forth, make all changes and exchange feedback online. Ideal for small team projects and group assignments.

Features:
Note: The only problem I noticed was the ‘export to PDF’ functionality, it simply didn’t work. Other than that everything worked fine.
Check out XY WriteIt @ www.xywrite.it
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