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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=
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>
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