Thursday, October 14, 2010

Text Answers Service ChaCha Nabs $20 Million In Series F

We've just heard that mobile Q & A service ChaCha just raised $20 million in Series F funding lead by VantagePoint Venture Partners and Rho.

ChaCha, founded by Scott Jones, has been around almost five years and has answered nearly one billion questions. This latest financing round follows a $7 million Series E in December of 2009, which means that ChaCha now boasts a whopping $72 million in funding to expand its free text messaging product.

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