Chango (company): Difference between revisions

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The company was founded in [[Toronto]] by Chris Sukornyk. Sukornyk previously co-founded the X-Stream Network, Bubbleshare and FiveLimes. Sukornyk devoted the first 12 months on research and development.
 
In June 2010, Chango raised $1.4 million in Series A funding. [[Metamorphic Ventures]] joined existing investors such as iNovia Capital and Extreme Venture Partners.<ref>{{cite web|url=http://www.adotas.com/2010/06/got-funds-foursquare-click-forensics-chango-see-big-bucks/ |title=Got Funds? Foursquare, Click Forensics & Chango See Big Bucks |publisher=Adotas.com |date= |accessdate=2011-10-28}}</ref> The company secured a second round of funding in February 2011.<ref>{{cite web|author=February 1st, 2011 |url=httphttps://techcrunch.com/2011/02/01/chango-raises-4-25m-to-bring-search-targeting-to-display-ads/%20 |title=Chango Raises $4.25M To Bring Search Targeting To Display Ads |publisher=TechCrunch |date=2011-02-01 |accessdate=2011-10-28}}</ref> The new funding led by Rho Canada, with iNovia Capital, Metamorphic Ventures, Extreme Venture Partners and 24/7 Media co-founder, Geoff Judge; participating in the round. The funding went into hiring additional resources in the engineering team, clients services and business development roles.<ref>{{cite web|url=http://www.adexchanger.com/ad-networks/chango-fundin/ |title=Chango CEO Sukornyk On New Funding And Search Retargeting Momentum |publisher=Adexchanger.com |date=2011-02-03 |accessdate=2011-10-28}}</ref>
 
In November 2012, Chango Inc., secured $12 million in funding. All of Chango's existing investors including iNovia, Rho Canada Ventures, Metamorphic Ventures, Mantella Venture Partners and Extreme Venture Partners took their full allocation in the round.<ref>http://www.marketwire.com/press-release/chango-secures-12m-funding-launches-programmatic-site-retargeting-opens-50-new-positions-1728954.htm</ref>