Boulder ad-tech firm Trada shuts down

BOULDER – Once one of the darlings of Boulder’s bustling startup scene, advertising technology firm Trada Inc. has shuttered its operations due to an inability to pay creditors, announcing the move on the company’s website on Monday.

Officials for the company, which had been backed financially by Google Ventures and Boulder’s Foundry Group, couldn’t immediately be reached.

“We recently became unable to pay Trada’s creditors, who have rights to all of Trada’s assets as collateral,” chief executive Matt Harada wrote in a letter posted on Trada’s homepage. “Today these creditors have instructed us to cease operations of the Trada…