Chalk Digital Gets Seed Funding For Mobile Ad Technology

San Diego-based Chalk Digital, a provider of location-based, mobile advertising technology aimed at local businesses, said today that it has raised a seed funding round. Size of the funding was not announced. The funding came from Composite Capital Partners, Kernal Capital Inc., KLab Ventures, Tallwave Capital along with angels Peter L. Corsell (Gridpoint), Ron Garret (Spark Innovations), and Dale Okuno (EZ Data). Chalk Digital is led by Craig Hagopian. Chalk's ad technology allows local businesses to create their own, self-serve mobile ads, which are tied to a user's location and serve up within other, smart phone applications.