ChaCha raises $7 million in venture funding

ChaCha, a Carmel-based mobile search engine, announced Monday morning that it has closed on $7 million in venture
funding.

Since its inception in December 2005, ChaCha has raised about $52 million from investors, including tech
leaders and venture capitalists.

“We believe this latest round provides ChaCha the cash required to reach
profitability,” company founder and CEO Scott A. Jones said in a written statement.

Between its mobile and
online services, ChaCha has answered more than 300 million questions in the past two years, the company said.

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