Chute Opens Up With $7M Series A

San Francisco-based startup Chute announced Tuesday it raised $7 million Series A round of funding led by Foundry Group, with existing investors Freestyle Capital and U.S. Venture Partners also participating. The company, which came out out of Y Combinator, previously raised about $3 million in funding from institutional ind individual investors, including Klout co-founder and CEO Joe Fernandez.

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