A more specific type of E-learning website generally run by a specific organization.
A website, usually hosted by an university, that takes what is done in class, and pastes it online. It is already much more rational and efficient, and opens up the way for potential sharing outside of the institution (or by default paywalling as the University of Oxford did.
The fundametnal problem with VLEs is that they tend to not have enough incentives for students to contribute at all to the content. This is basically the major motivation behind OurBigBook.com.