Chute Raises $7M in Series A Funding

Chute, a San Francisco, CA-based platform to leverage real-time visual content, closed a $7m Series A equity round.

The round was led by Foundry Group, with participation from existing investors Freestyle Capital and U.S. Venture Partners.

The company intends to use the funds to expand product offerings and scale operations.

Launched in 2012 by Ranvir Gujral and Gregarious Narain, Chute is a mobile and Web platform that enables brands, publishers, and developers to add photo and video functionality to any application or site.
The company is also announcing Chute Ads, which allows brands to inject real-time visual content into digital advertising units. Condé Nast Traveler is using Chute Ads’ real-time and user-generated photo capabilities on
Beyond Condé Nast, clients include NBC News, Turner, House of Blues Entertainment, Condé Nast, the NBA, and Saks Fifth Avenue.

The company is currently hiring (read here).



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