Press Releases

The 17 Biggest Chicago Tech Hires in October

This is our monthly feature where we recap the biggest tech hires in Chicago over the past month. Here’s our list of the top hires in Chicago tech for October: kCura  Chicago-based legal tech company kCura announced this month that it has hired Lisa Arthur as its chief marketing officer. Most recently, Arthur spent five years as CMO of […]

October 31, 2016 By Alida Miranda-Wolff

Cyberattacks could shine light on Chicago startup

Last week’s cyberattacks that caused widespread disruption on the Internet were a drag for anyone surfing the web. But they could give a big lift to a Chicago-based startup called Xaptum. The company launched three years ago with the idea that security would be one of the major challenges for the Internet of Things, or […]

October 26, 2016 By Alida Miranda-Wolff

Intel Capital Invests $38M In 12 Innovative Technology Startups

It’s been a challenging year for Intel Capital. After admitting earlier this year that he was undertaking a comprehensive review of the chipmaker’s corporate venture capital arm, including possibly dumping some of its assets for an estimated $1 billion, Intel Capital’s president Wendell Brooks committed this week to keep its existing investment portfolio of just over 400 companies. “We’re not […]

October 26, 2016 By Alida Miranda-Wolff

NuCurrent Wants to Wirelessly Power Phones, Drones and Machines of the Future

When it comes to the next generation of technology products, it makes very little sense for them to be equipped with charging ports. Autonomous crop-suveying drones become much more inefficient if you have to manually plug them into a wall at night. Smart clothes with built-in computer chips can’t be thrown in the wash if […]

October 25, 2016 By Alida Miranda-Wolff

New Money: Occasion Raises $1.25M To Help Businesses Boost Bookings

  From pottery lessons to walking tours and home cooking classes, group experiences are a great way to spend an evening in good company. Occasion, a Chicago-based startup, wants to make it easier for organizers to put on such events by bringing booking, payments, customer service and marketing into a single application. “If you want […]

October 25, 2016 By Alida Miranda-Wolff

Occasion raises $1.25M to help you split the cost of group activities

Nothing ruins the fun of a group activity like coordinating schedules or trying to get paid back by friends for tickets. Occasion, a Chicago startup launched in 2013, has raised $1.25 million to add features to its appointment calendar software, the company announced Tuesday. A new private group system will let friends invite each other to buy tickets for the […]

October 25, 2016 By Alida Miranda-Wolff

Ecommerce Platform Occasion Raises $1.25M To Boost Bookings

Occasion team, with founder Aksh Gupta in center (Credit Occasion) Occasion Deal: $1.25 million Investors: The round was led by Hyde Park Angels. Other investors include Bluestein & Associates, and angel investors Marcin Kleczynski, Malwarebytes founder and CEO, and Patrick Spain, former chairman and CEO of Hoover’s. What they do: Occasion provides ecommerce calendering solutions […]

October 25, 2016 By Alida Miranda-Wolff

5 reasons picking an investor is about more than the money

For those who follow the startup scene closely, it can be easy to get caught up in how much money a company is raising. But where the funding comes from can be just as important as the amount, because seasoned investors have a lot more to offer. “Money is just money,” said MATH Venture Partners Managing Director […]

October 25, 2016 By Alida Miranda-Wolff

FourKites gets $13 million in additional funding

Logistics-software maker FourKites just tracked down $13 million in fresh capital. Boston-based Bain Capital Ventures led the funding, along with earlier local investors Hyde Park Venture Partners and Hyde Park Angels, as well as Jim Perry of Madison Dearborn Partners and Jai Shekhawat, founder of Fieldglass. Otter Consulting of Boca Raton, Fla., also participated. Bain […]

October 13, 2016 By Alida Miranda-Wolff

FourKites raises $13 million to track trucks on the road for customers like Staples

FourKites, a two-year-old, Chicago-based company aiming to make sense of the fragmented trucking industry for vendors trying to ship their goods, has raised $13 million in Series A funding led by Bain Capital Ventures, with participation from earlier backers Hyde Park Venture Partners, Hyde Park Angels, and Otter. What the platform is promising more specifically is visibility into where each truck is […]

October 13, 2016 By Alida Miranda-Wolff