KnexxLocal, a Toronto, Canada-based mobile startup, raised $1.1m in seed funding.
Backers included Bruce Coxon.
The company intends to use the capital to expand its customer base.
Led by Paul Chen, Praising Gaw, Praising Gaw, Christopher Trudeau, and Victoria Badgley, KnexxLocal has just launched a iOS marketing app – Instamonial, which aims to help local businesses get more word-of-mouth referrals and share their good opinions on social networks (such as Facebook, Twitter, LinkedIn and Pinterest).
See here how it works.