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Chango closes $750K Series A Financing

Posted by Rob Lewis on Fri, October 23, 2009 10:18 AM · Filed under Toronto , Funding & Exits, Startups · Comments

Toronto search advertising startup Chango has completed a $750K series A financing round led by iNovia Capital with participation from Extreme Venture Partners.

Chango's search targeted advertising product promises to help website publishers better monetize their sites by differentiating between search traffic and regular loyal readers. Visitors arriving from search enginres are shown highly relevant advertising based on their past search queries whereas direct navigation regular readers are shown only content they have come to expect from the publisher.

Currently in limited production, Chango is working with select publishers to increase their revenue without risk to reader loyalty. The financing will support an expansion of publisher reach and further development of the Chango platform. Chango is planning a full launch in November, 2009.

 
Company:
iNovia Capital
Website:
http://www.inoviacapital.com
Location:
Montréal, Québec, Canada

iNovia Capital is one of Canada’s premier managers of seed and early-stage venture capital funds, with operations in both Eastern and Western... [more]

 
 
Company:
Extreme Venture Partners
Website:
http://www.extremevp.com
Location:
Toronto, Ontario, Canada

Extreme Venture Partners is focused on providing early stage venture capital. We recognize that sometimes all that is needed to propel a good idea... [more]

 
 
Company:
Chango
Website:
http://www.chango.com
Location:
Toronto, Ontario, Canada

Chango™ is a Demand Side Platform for search marketers. Chango delivers them new customers using our proprietary search retargeting platform... [more]

 

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Rob Lewis
Rob is the President of Techvibes Media Inc. and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not blogging on...[more]

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