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Judy’s Book, a Web site which lets people swap tips about their local community, said it has raised $8 million in more venture backing. Judy’s Book is not based in Silicon Valley (it is in Seattle), but we mention it because it is the latest in a healthy collection of community Web sites doing similar things. And because we haven’t been blown away by any of them yet.

So, the arms race goes on. Yelp, a competitor, raises money two weeks ago. Backfence raises money last month. Who’s next?

The round was led by Mobius Venture Capital, a new investor, and included Ignition Partners and Ackerley Partners.

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  1. The Books Blog said:

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2 Comments

  1. Greg said:

    Some of these guys will get to scale and get bought. That’s what all of them (InsiderPages is in this group too) are angling for.
    They could be bought by newspapers (maybe) or Yellow Pages publishers or some other traditional media company. Newspapers would probably be the most likely candidate here and probably Classified Ventures or some subset (ie. Gannett, KRD, Tribune) — notwithstanding the layoffs — but we’re 6 mos away from any such transaction at least.

  2. RK said:

    This is part of bubble 2.0 .com !

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