Seen on Mashable
Metaweb Gets $42 Million; There’s Hope Yet For Semantic Web
From their site: Freebase is an open, shared database of the world's knowledge.
$42 million is a somewhat large amount - may be a good sign for MetaWeb and FreeBase that the investors are putting in that much. (For comparison, IIRC, Google got $25 million in their first round of funding - from KPCB and Sequioa, two of Silicon Valley's top venture capital firms, and they were a very hot startup then. But obviously, this doesn't necessarily mean that MetaWeb is going to become as big and successful as Google :).
I read about that (Google's funding) in the book The Google Story which I recently finished reading - a pretty interesting book, all about Google's start and subsequent growth).
Might blog a bit about that book later, commenting on some of the points that particularly interested me.
I had come across FreeBase a while ago, and signed up. (Anyone can sign up to collaborate on adding information to FreeBase.)
Entered a few items into it. Should be interesting to see how it evolves over time, and how useful an information resource it becomes. It's value will depend a lot upon inputs by users, so if you're interested in seeing it become more useful, contribute (unbiased) information to it, and spread the word ...