Friday, February 1, 2008

SpotXchange Gets Angel Investment

Westminster, Colorado-based SpotXchange said this morning that it has raised an undisclosed amount in a round of angel funding. The firm, which is developing an online video advertising network, said angels investing in the firm included Alex Bogusky, Chief Creative Officer, Crispin Porter + Bogusky; Laurence Chang, former Portfolio Manager, Janus Worldwide Fund; Tim Hudner, former Chief Operations and Chief Technology Officer, Janus Capital Group; Mike Lu, former Portfolio Manager, Janus Global Technology Fund; Kent Moore, former Portfolio Manager, Janus Capital Group and Senior; Blaine Rollins, former Portfolio Manager, Janus Fund and Claire Young, former Portfolio Manager, Janus Olympus Fund. SpotXchange is a spinoff of digital marketing and technology firm Booyah Networks.