Iris Mobile closes Series led by Origin Ventures

Iris Mobile has closed a $3 million Series A financing round led by Chicago-based Origin Ventures. Illinois Ventures, Hyde Park Venture Partners, Hyde Park Angels and OCA Ventures also participated in the investment. The growth capital will be used to expand the company’s product development, and sales and marketing initiatives.

Origin Ventures hires associate

Chicago-based early stage venture capital firm Origin Ventures has hired Eric Olson as an associate. Olson will help evaluate and manage investment opportunities for the firm’s $45 million Fund III, which was announced earlier this year.

BlueCrest Capital Backs Ifbyphone

Ifbyphone, a voice-based marketing automation platform, has secured a debt financing commitment of $2 million from industry-focused debt provider BlueCrest Capital Finance. In the past, Ifbyphone has received $18 million in funding from investors such as Illinois Innovation Accelerator Fund (I2A), Apex Venture Partners, Origin Ventures, Spring Mill Ventures, and River Cities Capital Funds. Most […]

2 Comments

As Groupon’s Fortunes Shift, Chicago Sticks By It

Not long ago, the daily deals giant Groupon was the toast of Chicago, a press darling that received the blessing of Oprah Winfrey, was commended by Forbes as the “fastest growing company ever,” and even reportedly spurned a multibillion-dollar buyout offer from Google. A Chicago Tribune headline from last December summed up its place in […]

Campus Explorer Nets Series C Round

Campus Explorer, an online site that matches students to colleges based on their interests, has raised an undisclosed amount of Series C financing. Vicente Capital Partners led the round. Existing investors OCA Venture Partners and Origin Ventures also participated pro-rata in the round. Campus Explorer will use the capital to expand its technology infrastructure and form partnerships with schools.

Ifbyphone Inks $8M Series B

Ifbyphone has raised $8 million in Series B financing from Apex Venture Partners, Origin Ventures, Spring Mill Ventures, Second Century Ventures and the i2A Fund. Ifbyphone has raised $16 million in total venture funding to date. Skokie, Illinois-based Ifbyphone provides voice applications for enterprise customers.

Shoutlet Adds $6 Million in Series B

Madison, Wis.-based Shoutlet has raised $6 million in Series B financing for its social media platform. Madison-based American Family Insurance led the round, with participation from existing shareholders Origin Ventures and Leo Capital Holdings. Shoutlet’s enterprise-focused social media platform incorporates Facebook and Twitter management, Social CRM and widget building. The company’s customers include Perry Ellis and True Religion Jeans.

PEHUB Community

Join the 12493 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

Look Who’s Tweeting

Reuters VC and PE feed

RSS Feed Widget

Groups