Another very MemeStreams like company with a whole lot of veture funding.

Twine, a bookmarking and knowledge-tracking application developed by Radar Networks, is leaving its closed beta tonight with an array of new features, in hopes of becoming one of the definitive websites of the next generation of the Internet.

Here is an interesting observation:

But the most likely problem would be that it’s just too early for something like Twine. About half of web users don’t even use search engines yet, so it might be a symptom of the Silicon Valley bubble to assume large numbers of people want an information tool like Twine.