Twitter,one of the fastest growing web services last year has raised yet another round of funding of over $35Mn led by Benchmark and IVP($21 million and $14 million respectively).The early investors of Twitter namely Union Square Ventures and Spark Capital have also jumped in this time but the funding amount is still under cover.

With the latest update on Twitter blog,it seems that the entire Twitter team(29 folks) is happy with the overwhelming growth and future prospects and we can expect Twitter to show up a lot of cards …

ChaCha,a free mobile answers service,has just raised Series C round of $30 million,adding to the earlier rounds of $6 Million(Series A) and $10 Million(Series B) and making the total investment in this 2 years old startup to whopping $46 Million.For those who haven’t heard of this service before,it basically allows people to ask any question in conversational English and receive an accurate(what they claim) answer as a text message using any mobile phone,from a basic flip phone to advanced smarphones such as iPhone.

TechCrunch,an notable tech blog in Silicon valley has manytimes

Knight Foundation is hosting ‘Knight News Challenge‘,a social effort to encourage ideas that have the capability and novelty of serving public interest but require funds to get them implemented.

They’re giving away around $5 Million in 2009 for the development and distribution of neighborhood and community-focused projects,services, and programs.

You’re a right candidate for this challenge if you have a idea that will improve local online news, deepen community engagement, bring Web 2.0 tools to local neighborhoods, develop publishing platforms and standards to support local conversations or innovate how we visualize, …

Wix,a flash website builder service which we reviewed earlier has recently raised $3.5 Million from Mangrove Capital Partners and Bessemer Venture Partners,making its overall funding total to $8.5 Million.

When we reviewed this web service in May,2008,Wix was in closed beta but its product was strong enough to let us realise its worth at that time itself.It proposed a solution to the core problem of flash websites-’SEO unfriendliness’,by making the content of the website crawlable by search engines.

In our recent post titled Website designing for beginners,we listed Wix …