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Former EDS exec sinks money into ChaCha

November 14, 2007

Morton Meyerson, formerly president of EDS and the former chairman and CEO of Perot Systems, is the lead investor in a group that has placed $8 million into Indianapolis-based ChaCha, a search engine that uses people to aid in searches.

ChaCha also announced today that Meyerson has been named to its board.

In addition, ChaCha has received a $2 million grant from the state's 21st Century Research and Technology Fund.

Meyerson is the latest in a string of high-profile investors in the company, including Amazon.com founder and CEO Jeff Bezos, and Compaq Computer founding CEO Rod Canion.

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