Baton, a leading marketplace for small and medium-sized business acquisitions, announced its Series A raise of $10 million, led by Obvious Ventures with participation from Burst Capital, FJ Labs, Fluent Ventures, and Spencer Rascoff (co-founder and former CEO of Zillow) via 75 & Sunny. Previous investors Divergent Capital, Bloomberg Beta, and Zeno Ventures also participated in this round. The new funding brings Baton's total raised to $15.5 million after a seed round led by Giant Ventures.