News: Fresh off receiving that funding, kCura released Relativity 9.2 in London in April - the first stop on kCura’s initial Relativity Spring Launch Roadshow. 3, 2015īio: Recognized as a “Leader” in Gartner’s 2014 E-Discovery Magic Quadrant, kCura is the developer of the e-discovery software Relativity. News: According to a Bloomberg report from April, Mu Sigma is planning an initial public offering in the next four years. Investors: General Atlantic, Sequoia Capital.īio: Mu Sigma is a leading provider of decision sciences and analytics services, helping companies institutionalize data-driven decision making. News: Based in Roselle, IL., Network Merchants announced in March that its payments enablement platform is now compatible with the value added reseller and independent software vendor markets. (NMI) builds e-commerce payment gateways for companies that want to process online transactions in real-time anywhere in the world. News: Just this spring, Avant has launched a new $400 million-financed lending platform and surpassed $1 billion in loan originations. Avant co-founders John Sun, Al Goldstein and Paul Zhangīio: Avant is a Chicago-based online lending platform, formerly known as Avant Credit. In the late 1970s, Kingsborough, a longtime entrepreneur, acted as president of consumer products at Atari and had a crucial part in introducing Nintendo to America. News: Raise announced in March that Don Kingsborough joined its board of directors. Buyers can save at their favorite stores, and sellers can earn cash for selling unwanted gift cards. Investors: New Enterprise Associates (NEA), Bessemer Venture Partners, the Pritzker Organization, Listen Ventures and angel investors.īio: Raise is an online gift card marketplace. News: Earlier this month, Cleversafe was awarded a contract from the University of Chicago to develop a cloud-based storage system designed to help scientists study cancer. offers dispersed data storage technologies. Investors: New Enterprise Associates, OCA Ventures, New World Ventures, Harrison Street Capital, Motorola Solutions Venture Capital.īio: Cleversafe, Inc. News: bswift was acquired for $400 million in 2014 by Aetna. bswift, $51M, April 2, 2014īio: Based in Chicago, bswift offers software and services that streamline benefits, HR and payroll administration for employers and exchanges nationwide. News: 10 years after founding, Chicago’s own GrubHub made headlines last year by going public. Investors: Lightspeed Ventures, Mesirow Financial, Benchmark Capital, Greenspring Associates, DAG Ventures.īio: GrubHub is an online and mobile food-ordering company dedicated to connecting hungry diners with local takeout restaurants. News: GoHealth was most recently in the news last year for expanding its Chicago office space to River North, where it leases a 42,000-square-foot space. GoHealth, $50M, June 12, 2012īio: GoHealth is a Chicago-based company that powers, a private health insurance marketplace that has helped more than 30 million consumers shop for coverage. The list is based on our records and includes only digital tech companies located in the Chicago metropolitan area. See below for our list of the 15 largest fundings from Jan. We wanted to go back a little earlier in time and see which companies have really left a mark in recent funding history. ShutterstockĬhicago's digital tech scene is not just rebounding in correlation with a strengthening economy, it's thriving, evidenced by the $1.6 billion local digital tech startups raised in 2014.
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