Chrono Secures $1 Million Funding Led by AIM Group to Scale Team, Platform Reach
Chrono’s Consumer-Facing Platform Intersects at Harnessing Influencer Purchase-Driving Power and Explosion of Digital Games Content
Huntsville, Alabama – March 22, 2017 – Chrono Inc. has raised a $1 million funding round led by AIM Group, along with BLH Partners and private investors. Chrono.gg is a unique digital distribution platform focused on engaging consumers via today’s top influencers in the interactive entertainment arena. The company will use the funding to further build its team, launch new services and scale its operation.
“We were immediately impressed with Justin and the Chrono.gg team from the very first interaction,” said Clay Corman, managing partner of AIM Group. “Their experience and knowledge of the gaming industry was evident, and the team is on the forefront of influencer marketing within the gaming space.”
Corman continued, “It makes so much sense to connect influencers with the games they love. Both the influencers and the publishers/developers win while giving gamers access to incredible deals and we are excited to be partnered with Chrono.gg and look forward to helping the company grow.”
Chrono was founded by three passionate partners with a unique perspective on consumer habits to buying the latest video games. By targeting a selection of exceptional interactive games content on a limited and focused basis, the company is able to offer consumers incredible value in a direct, straightforward manner. The platform has partnered with high-profile gaming personalities to drive interest and sales, allowing for a win-win by each group: independent games creators achieve increased exposure, and influencers receive a portion of the sales they drive via their content.
“The shift of consumer purchasing decisions from traditional avenues means there’s new areas for growth,” said Chrono’s founder and CEO Justin Sacks. “Chrono’s expansion is a natural extension of our objective: to innovate in previously undetermined marketspaces. We’re now able to expand our offerings to more well-known brands and continue to drive incredible value for publishers, influencers, and our customers.”
The platform has been active for one year, turning profit immediately upon launch in its first three days. The round of funding will allow for a concentrated push toward increased awareness, and senior level business and engineering staff to quickly ramp up as the site expands its reach and operations.
With 360+ game development partners, hundreds of influencer partners (and rapidly expanding) beyond an already impressive reach of 50mm+ and moving tens of thousands of copies weekly, Chrono’s unique insights have created opportunity where there wasn’t previously a market and the company is perfectly positioned for growth where consumer satisfaction meets innovation.
For more information, please visit chrono.gg.
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About AIM Group
With over 275 active members AIM Group is the largest angel network in the Southeast and one of the largest networks in the county. AIM Group has completed over 40 transactions in early stage companies since 2012. AIM Group looks to fund and support promising early stage technology companies in a wide variety of industries that ranges from software to healthcare (and everything in between). While AIM Group is relatively industry agnostic, the primary focus is on finding talented entrepreneurs who have the skill set to bring game changing ideas to market.
Founded in 2015, Chrono.gg is a unique digital distribution platform founded by three passionate gamers with a unique understanding of the interactive entertainment industry. Its vision lies at the cross-section of where influential content meets outstanding value. For more information, please visit www.chrono.gg.