Toronto – Chango, a developer of online ad technology,
announced on Wednesday that it has raised $1.4 million in its first round of
funding, from Metamorphic Ventures and 24/7 Real Media co-founder Geoff Judge.
Toronto, Canada-based Chango’s ad platform can target ads based on a user’s
search history.
CEO Chris Sukornyk told TechCrunch that the service just
launched in private beta, and is expected to open a self-service option with
select advertisers later this month.
The company previously raised $750,000
last year from iNovia Capital and Extreme Venture Partners.
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