Tech roundup: CityBase acquired for $160M, Trustwave opens cyberthreat center, and more

by Alton Zenon III
September 13, 2018
CityBase leaders posing in their office
image via citybase

CityBase gets acquired by Austin company for $160M

CityBase, a cloud-based SaaS platform that connects the public to local government, was acquired for $160 million by Austin-based GTY Technology Holdings this week, according to Crain’s. The holdings company acquired five other government-tech companies in the same card swipe, and will operate CityBase as a separate unit. CityBase was in the midst of a funding raise when they were approached by GTY with the nine-figure deal, paid out in cash and company stock. [Crain’s

 

ParkWhiz CEO
image via parkwiz

ParkWhiz gets $20M Series D for global expansion

Parking spot finder ParkWhiz secured a $20 million Series D it will use to expand its partner base, drive more parkers onto the platform and expand the number of garages and spots in its network. CEO Yona Shtern said other significant announcements would be coming by year’s end, but he was close-lipped on what they would be. Funding was led by NewSpring Capital, whose general partner, Glenn Rieger, is joining the company’s board. Previous investors Baird Capital, Jump Capital and Beringea also participated. [Built In Chicago]

 

Trustwave security specialists working at their desks
IMAGE VIA TOM HARRIS

Trustwave opens global state-of-the-art response center in Chicago

Digital security firm Trustwave announced the opening of their SpiderLabs Fusion Center in Chicago — a facility dedicated to detecting and eliminating cybersecurity threats aimed at their clients. The 6,000 square foot control room, which looks like it’s pulled from a sci-fi movie, hosts up to 35 digital security experts working around the clock to stop domestic and international cybercriminals. [Built In Chicago]

 

Co-workers working at a desk in a crowd
image via shutterstock

SMS Assist Founder invests in Technori

Technori, the platform that gives up-and-coming startups exposure to investors and other resources, received a seven figure from investment firm DV Partners, led by SMS Assist Founder and Chairman Mike Rothman. The funding will be used to expand the platform’s Technori Podcast and launch a new investment platform and startup incubator known as the Technori Co-op. [PR Web]

 

Man on iPad uses augmented reality
image via shutterstock

California company Jaunt acquires division of Personify and announces Chicago office plans

Jaunt, a San-Mateo, California-based virtual-reality company, recently announced the acquisition of a subset of augmented and virtual reality video application provider Personify. Jaunt will take control of the Chicago-app company’s seven-person Teleporter team which develops software that allows for streaming AR videos in real time. Personify’s team will stay in Chicago, which will allow Jaunt to eventually bring their own office to the city. [Chicago Business Journal]

 

Chicago skyline
image via shutterstock

Three executive hires were made this week

Kermit Randa
Chief executive officer

Kaufman Hall, a consultancy and enterprise performance management and decision support software provider, announced Kermit Randa as the new CEO of its software division. Randa was the former chief growth officer at Waystar, and has extensive experience in driving business growth across the sales teams he led. He will oversee the entirety of Kaufman Hall’s expanding software sales portfolio. [PR Newswire

 

Brian Barrett
vice president of business process transformation

Ashling Partners, a tech and professional services firm that increases client efficiency through AI and robotic process automation, appointed Brian Barrett as vice president of business process transformation. Barrett has a decade of process improvement and intelligent automation experience and previously worked at Ernst & Young in leadership roles within those business segments. The newly minted Barrett will help guide the company’s efforts to evolve its machine learning and AI capabilities and offerings. [PR Newswire

 

Robert Dvorak
president and chief executive officer

SilkRoad, a provider of HR software, named Robert Dvorak as its new president and CEO. He will lead the company through a continued growth period bolstered by its product evolution. Dvorak has three decades of strategic sales and marketing leadership experience, and worked most recently as the executive vice president of strategic sales at Forsythe Technology, Inc. [Business Wire]

 

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