Chirpify, an Oregon-based company that monetises comments and replies on social media, has received an extra USD4m as part of its Series A funding round.
The additional funding comes from Voyager Capital, Saturn Partners, Provenance Ventures and other angel investors. Chirpify, which launched 2011, allows users to purchase items for themselves or for friends within livestreams on sites like Instagram and Twitter. To date Chirpify has received a total of USD7.3m.
“Chirpify’s new investors are highly strategic as they provide expertise in vertical markets that we consider to be perfect targets for our technology — including sports, music and media,” said Chirpify CEO Chris Teso. “We see a tremendous opportunity to leverage social as the point of conversion for our clients’ cross-channel campaigns.”
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