ChaCha Closes $7 Million Round of Funding

Courtesy WebProNews - Financial  Mon, 01/04/2010 - 13:59

Answers service ChaCha announced today that it has closed a $7 million E round of funding.

The service lets users go online, call, or text questions on mobile phones and receive answers "within minutes" for free.

The service has an iPhone app and lets people ask questions via Twitter as well.

This round of funding might be particularly significant for the company.

"We believe this latest round provides ChaCha the cash required to reach profitability," says CEO Scott...

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