Q&A Site Formspring Lands Another $10 Million

Q&A site�Formspring, which raised $2.5 million in Series A funding back in March, reportedly closed its Series B this morning in a $10 million round led by Geoff Yang at Redpoint Ventures.�This most recent financing pegs the company at a $45 million dollar valuation. Formspring is yet another player in the Q&A space piquing investor interest.�Since its launch in November, the service now boasts over 16 million registered members, 40 million monthly uniques and around one billion questions answered. Quora, another buzzed about Q&A site, is much much smaller at a modest�200,000�monthly uniques.

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