Tech roundup: NextCapital raises $30M, DialogTech's acquisition, and more

Looking to catch up on Chicago tech news from the past week? Don't worry, we've got you covered.

Written by Michael Hines
Published on Jan. 04, 2018
Tech roundup: NextCapital raises $30M, DialogTech's acquisition, and more
NextCapital $30 million round
PHOTO VIA NEXTCAPITAL

NextCapital has raised a $30 million Series C. The round was led by Oak HC/FT, a venture capital firm based in Greenwich, Connecticut. Existing investors Manulife Financial, Transamerica Ventures, Vermont Seed Capital Fund and Route 66 Ventures also participated in the funding. President Dirk Quayle said the funds will be used to grow the company's engineering and portfolio management teams. [Built In Chicago]

 

DialogTech Swydo acquisition
PHOTO VIA DIALOGTECH

DialogTech acquires Swydo

DialogTech has acquired Swydo, a Dutch SaaS startup that creates digital marketing dashboards, reports and visualizations. Swydo’s software has been integrated into the company’s platform to create a new reporting tool called DialogTech Reports. Terms of the deal were not announced. [Press release]

 

Chicago December 2017 funding
PHOTO VIA SHUTTERSTOCK

Chicago tech raises over $150 million in December

Fourteen tech companies raised a combined $158 million in December, with five companies raising $7 million or more. Guaranteed Rate led the way with a private equity round from Thomas H. Lee Partners, which Crain’s reported to be worth $100 million. [Built In Chicago]

 

HS2 Solutions LunaMetrics acquisition
PHOTO VIA CHRIS MURPHY

HS2 Solutions acquires LunaMetrics

HS2 Solutions has acquired Pittsburgh-based LunaMetrics, an analytics and digital marketing strategy consulting agency. “This dynamic partnership strengthens our ability to glean rich user behavior insights that will allow us to envision and build superior digital experiences that delight customers and deliver business results to our clients,” said co-founder and president Keith Schwartz. Terms of the deal were not disclosed. [Press release]

 

Collective Health Chicago office
PHOTO VIA FACEBOOK

Collective Health expands to Chicago

San Francisco-based startup Collective Health is opening an office in Chicago. The company, which builds software that helps self-insured employers purchase and manage medical plans, made the announcement on Faceboook. Collective Health has raised $117 million since launching in 2013. [Press release]

 

Water Tower Place CoWorkattheMall Chicago
PHOTO VIA SHUTTERSTOCK

New Magnificent Mile coworking space announced

CoworkAtTheMall.com, a coworking startup based in Washington D.C., will open a location at Water Tower Place on Michigan Avenue this spring. The 12,000-square-foot space will feature desks along with rooms for meetings and events. There will also be a retail space where local startups and national brands can introduce consumers to products primarily sold online. [Chicago Tribune]

 

Opternative and Relativity welcome new execs

Brent Rasmussen
CEO • Visibly

Brent Rasmussen is the new CEO at Opternative. Rasmussen was most recently the CEO of Detroit-based IT talent provider Halo Group. He also served as COO and president of CareerBuilder. [PR Newswire]

Glenn Shimkus
SVP, Product and Design • Relativity

Relativity has a new SVP of product and design, Glenn Shimkus. Shimkus was most recently the VP of product at DocuSign. He is a Techstars Chicago mentor and investor and has also been a mentor at the Elmspring Accelerator. [Hat tip, Chicago Inno]

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Atlassian
Cloud • Information Technology • Productivity • Security • Software