Venture-backed Chaordix buys Colorado crowdsourcing platform

Chaordix Inc has acquired Napkin Labs for an undisclosed amount. Based in Boulder, Colorado, Napkin Labs is a crowdsourcing technology company. Chaordix, which uses the power of crowdsourcing to help enterprises gain community engagement and predictive intelligence, said the deal will bring a new level of sophistication to its platform. Founded in 2009 and based in Calgary, Chaordix has been a portfolio investment of Canadian venture capital firm Yaletown Venture Partners and the Business Development Bank of Canada (BDC) since 2012. Napkin Labs has also been backed by venture capital and angel investors.

16 May 2014•3 mins read
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