Chaordix Raises Funds for International Growth

Canadian crowdsourcing technology firm Chaordix has secured an undisclosed amount of Series A funding, which it will use to expand its business globally and further invest in its Crowd Intelligence products.

Calgary-based Chaordix helps organizations generate ideas for new products and services, predict market reaction and conduct other research. Its Crowd Intelligence uses crowdsourcing to generate qual and quant research insights, then analyses and presents them.

The firm's new financing has been led by Yaletown Venture Partners with participation from the Business Development Bank of Canada.

CEO and founder Shelley Kuipers (pictured) comments: 'With this financing, we're well positioned to extend the reach of our managed services offering beyond our existing client base in Europe, North America, and Southeast Asia.'

Web site: www.chaordix.com .