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Caremerge raises $4M to bolster revolution of senior healthcare
Senior care coordination platform Caremerge announced $4 million in new funding, strengthening their position in the healthcare industry. The round was led by Cambia Health Solutions. Caremerge offers families a unique way to share information with care providers such as hospitals, physicians, ACOs (which provide coordinated care to Medicare patients) and managed care organizations. The company uses HIPAA-compliant and secure web and mobile apps to enable this sort of communication. [Caremerge raises $4M to bolster revolution of senior healthcare: Built in Chicago]
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Baird, Pritzker back health care startup Apervita in $18M Series A
Etsy for music: Reverb banks $4.2M to expand online music exchange
Music exchange website Reverb.com has raised $4.2 million in new funding to continue their expansion into the music retail industry. Founder David Kalt launched Reverb in 2012, providing musicians with a new alternative to selling their gear on Craigslist or eBay. They’ll use the current funding to double their employee count over the next 18 months with hires in engineering and marketing. They’ll also continue to expand their platform into some other areas they’ll disclose later in the year. [Etsy for music: Reverb banks $4.2M to expand online music exchange: Built In Chicago]
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Rivet News Radio opens API to bring their news to more vehicles
Chicago's Rivet News Radio announced at the international CES Conference this week that it is opening its API, which would allow more car manufacturers than Jaguar Land Rover automobiles to carry their service. Rivet annouced the partnership with Jaguar three months ago. The audio-news-streaming service is attempting to make customizable audio news the digital norm. They previously raised $1.7 million from investors including The Associated Press, Whittier Ventures, and Ringleader Ventures. [Rivet News Radio Opens Its API at CES to Get Audio Stories Inside More Vehicles: Chicago Inno]
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LyteShot Named an Honoree of the Prestigious CES Innovation Award, Announces Kickstarter
Channel IQ Names Andrew Walker as new CEO