PerkSpot gets $50M funding from Susquehanna Growth Equity
PerkSpot, which lets businesses give their employees discounted rates when getting goods and services at places like Apple, Target and Sprint, announced $50 million in new funding from investment firm Susquehanna Growth Equity. CEO Jace Mouse alluded to new hires and more product development coming in the future. [Built In Chicago]
Popular Pays raises $5.5M Series B
A $5.5 million Series B was raised by PopularPays, a digital platform connecting companies and content creators. Beringea spearheaded the funding with Hyde Park Angels and GoAhead VC contributing as well. The company plans to hire more staff and further develop the platform with the raise, which comes less than two years after a successful Series A funding of $5.2 million. [Built In Chicago]
Pinterest and ShopRunner move Chicago offices
Pinterest has outgrown its offices in Chicago and plans to move to a new 30,000 square foot office in the West Loop. The company, which came to Chicago in 2014, has expanded its employee count to 115 and will continue adding more staff members to its roster. [Crain’s]
ShopRunner, the membership-based e-commerce startup, is doubling its office size to 25,000 square feet with a move to a new location on N. Orleans St. Early last year, when the company initially leased the office on LaSalle it is now vacating, Crain’s reported it intended to hire around 100 new employees. [Crain’s]
LotLinx Adds Michael Morrison as senior vice president of sales
AI-based digital automotive marketing startup LotLinx announced the hiring of Michael Morrison as senior vice president of sales. Morrison, who was previously managing director of North America at Nielsen, will bring a decade of sales leadership experience across a number of industries to his new role. He will be in charge of bolstering the company’s sales growth, and optimizing its digital marketing campaigns. [Business Wire]
DialogTech names Viji Davis as head of marketing
DialogTech, which provides AI-based marketing analytics to businesses, hired Viji Davis, formerly of Resolution Media, as its new senior vice president of marketing. Davis was CMO at Resolution, and carriers 15 years of experience to her new role. She will lead DialogTech’s market strategy. [Press release]
Wunderman Commerce picks up e-commerce company Gorilla Group
Wunderman Commerce, builder of end-to-end e-commerce solutions that include advertising and marketing services, announced it acquired Gorilla Group, creative strategizer for direct-to-consumer brands across industries like apparel, health and beauty, distribution and retail. “This acquisition gives Wunderman Commerce a wider footprint across North America while also presenting an opportunity for our global clients to access the knowledge and skills of one of the best commerce experience teams out there,” said Neil Stewart, global CEO of Wunderman Commerce. [PR Newswire]
