Judy's Book raises cash. Psst: It's pretty crowded.

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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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About the Author,

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.

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