ChoozOn Raises $3.2 Million From Angel Investors
ChoozOn is a Bellevue, Washington based company that has raised $3.2 million in Series A from angel investors. Michael Orsak (Worldview Technology Partners) and James Brown (AVG Ventures) led the Series A round of funding.
ChoozOn launched three months ago by three former Yahoo! executives. ChoozOn plans on using the funds to ramp up the development of their service. ChoozOn aims to use personalization algorithms to match deals and offers to it’s users. ChoozOn has signed up over 1,000 brands thus far that include Gap, Walgreens, Macy’s, Marriott, Best Buy, etc.
“What sets ChoozOn apart is our focus on helping consumers to make sense of the bewildering deals marketplace. ChoozOn is a highly personalized deal-discovery service that matches consumers to the most relevant offers while improving the value exchange between consumers and the brands they love,” stated ChoozOn CEO and co-founder Nick Weir. “Brands have embraced our model, and early investors have seized the opportunity to advance one of the most innovative deal services today.”@amitchowdhry or on Google+ at +AmitChowdhry