ChaCha Lands $7 Million for Mobile Answers ServiceAuthored by Mark Hefflinger on January 4, 2010 - 6:18am.
Indianapolis,
Ind. - ChaCha, a text
message-based search engine service, announced on Monday that it has raised $7
million in its fifth round of venture capital financing.
The company, which has now raised $52 million to date, is backed by Amazon founder Jeff Bezos, Morton Meyerson, Rod Canion, Jack Gill, Don Aquilano, and members of the Simon Mall family, among others. Founded in 2005, Indiana-based ChaCha offers a free "answers" service accessible on mobile phones that has answered over 300 million questions in the past two years. Advertisers on the service have included Palm, IKEA, Coca-Cola and the Obama presidential campaign.
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