Sprout Social acquires Simply Measured
Sprout Social has acquired Seattle-based social media analytics startup Simply Measured. The company will be integrated into Sprout Social’s portfolio and its Seattle office will serve as the Chicago company’s second West Coast hub; the startup already has an office in San Francisco. Terms of the deal were not disclosed. [Business Wire]
HealthiPASS raises $7.2 million
HealthiPASS, which builds tablet-based payment software for healthcare providers, announced a $7.2 million Series A on Wednesday. CEO Rajesh Voodiraju said the funding would be used for platform improvements and to add “at least” two dozen people to the company’s Naperville-based headquarters. [Built In Chicago]
Chicago tech raises $128M in November
Chicago startups raised $128 million in new funding last month, with Uptake leading the way with a massive $117 million Series D round. Other notable fundings in November include a $4.3 million raised by Snapsheet, from an undisclosed investor, and a $2.2 million seed round raised by fintech startup CFX Markets. [Built In Chicago]
SwipeSense closes Series B2 round
Thursday morning, Healthtech startup SwipeSense announced it secured a $10.6 million Series B2. The startup, which uses a combination of software and sensors to help hospitals keep infections from spreading, will use the funding to improve, and explore new uses for, its technology. SwipeSense will also add a handful of new hires to its product and tech teams. [Built In Chicago]
Chicago tech execs make mark on Crain’s 2017 40 Under 40 list
Built In Chicago CEO Maria Christopoulos Katris was named to Crain’s 2017 40 Under 40, an annual list of young leaders making a mark on Chicago businesses and nonprofits. Other tech execs on the list include SpotHero CEO Mark Lawrence, Tempus COO Ryan Fukushima and Kelly Davis, Signal’s SVP of product operations and delivery. [Crain’s]
Jump Capital adds $100M to its fund
Jump Capital, a Chicago-based VC firm that specializes in growth-stage startups, has added $100 million to its fund. The infusion of capital was first spotted in an SEC filing and confirmed to Built In Chicago by a company spokesperson. Jump Capital’s portfolio includes local startups like ParkWhiz, 4C and Narrative Science.
Two Chicago tech companies welcome new executives
G2 Crowd announced on Tuesday that Ryan Bonnici was joining the company as CMO. Bonnici was hired away from HubSpot where he served as senior director of global marketing. [Chicago Inno]
Vanessa Rollings is the new CFO at Rightpoint, which recently acquired mobile and web app development company Raizlabs. Rollings was previously CFO at Chicago-based venture capital firm Sandbox Industries. [PRWeb]
SMS Assist CPO launches new startup
On Thursday, SMS Assist CPO Alex Rothman announced he’s leaving the company to launch Theron Technology Solutions, LLC. The strategy and growth firm will work with companies in the technology and commercial sectors to implement efficiencies designed to accelerate growth. [PR Newswire]
