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Toronto-based advertising startup Chango closed a $1.4 million Series A funding, with new investors Metamorphic Ventures and privately from Geoff Judge, a VC at iNovia Capital and co-founder of 24/7 Real Media. Last November, the company raised the first $750,000 of the Series A from iNovia Capital and Extreme Venture Partners.
Chango is an ad platform that targets display ads based on people’s previous search history. It is what is known as a “search retargeter.” Unlike other ad retargeters like Criteo who show ads to people based on the fact that they have visited a particular Website, Chango targets ads based on the searches those people have done in the past.
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