Word-Of-Mouth Recommendations Platform Tout?d Closes $1.4 Million Seed Round

Tout'd, a New York-based startup that describes itself as a "digital word-of-mouth social media platform and referral engine," today announced that it has closed a $1.4 million seed round led by Warner Hill Angels. This round also included participation by the service's founders and 25 third-party investors. The company says that it plans to use this money to "accelerate growth, enhance the user experience and further develop the platform interface and functionality." The service was founded by Wall Street veterans Rob Morelli, Saro Cutri, and 2007 TechStars alumnus Arron Kallenberg.

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