PayPal has acquired mobile commerce platform Modest, the former announced on its site. No financial terms were disclosed. According to Crunchbase, Modest’s backers included Base Ventures and Hyde Park Venture Partners.
Chicago-based G2 Crowd, a provider of a business software review platform, announced that it has raised $7 million in Series A funding. Pritzker Group Venture Capital led the round, which included existing investors Chicago Ventures, Hyde Park Venture Partners and individual investors, including G2 Crowd co-founder and Chairman Godard Abel, Thomas Lehrman and Scott Dorsey (former ExactTarget co-founder/CEO).
Indianapolis-based venture studio High Alpha, which is focused on creating, operating and funding enterprise cloud companies, has secured $35 million in funding. High Alpha’s backers include Emergence Capital, Greenspring Associates and Hyde Park Venture Partners.
Chicago-based logistics tracking platform FourKites has raised $1.25 million in seed funding. Hyde Park Venture Partners led the round with participation from Hyde Park Angels, Harvard Business School Angels, Bluestein & Associates and Otter Consulting.
Cincinnati-based Pinterest marketing platform Ahalogy has raised $8 million in funding. The investors included JobsOhio, Silicon Valley Bank, Origin Ventures, Hyde Park Venture Partners, CincyTech, North Coast Angel Fund, Vine Street Ventures and Drummond Road Capital.
Hyde Park Venture Partners has named Tim Kopp partner and managing director of the Indianapolis office. Kopp is a former CMO of ExactTarget. He first joined Hyde Park last year as an advisor and venture partner.
Chicago-based Geofeedia, a provider of location-based social media intelligence, has raised $3 million in Series A4 financing. Hyde Park Venture Partners led the round with follow-on participation from Tim Kopp, former CMO of ExactTarget; David Gupta, founder and CEO of SDI Enterprises; and Gene Delaney, former president at Motorola.
FarmLogs, an agricultural tech start-up in Ann Arbor, Michigan, has received $10 million in Series B funding. The investors include Drive Capital, Huron River Ventures, Hyde Park Venture Partners, SV Angel and Sam Altman.
Chicago-based Dolly, an on-demand moving and delivery service, has raised $1.7 million in seed funding. The investors included Hyde Park Venture Partners and KGC Capital.
Chicago-based meeting prep app Charlie has secured $1.75 million in seed funding. Lightbank led the round with participation from Hyde Park Venture Partners, Confluence Capital Partners and Hoovers CEO Patrick Spain in addition to Apex Venture Partners‘ Lon Chow and Armando Pauker.
Geofeedia has received $3.5 million in Series A round of financing. Hyde Park Venture Partners led the round with participation from Blue Vista Ventures, Glade Brook Capital, Tim Kopp, former CMO of ExactTarget, SDI Enterprises CEO David Gupta and Gene Delaney, former president at Motorola. In conjunction with the funding, Kopp, Gupta and Delaney have been added to Geofeedia’s board of advisors. Based in Chicago, Geofeedia is a location-based social media monitoring company.
Stratos said Thursday that it has received $5.8 million in funding. The investors were Toba Capital Partners, Western Technology Investment, Resonant Venture Partners and Hyde Park Venture Partners. Headquartered in Ann Arbor, Michigan, Stratos is a provider of mobile payment solutions.
Champaign, Illinois-based gesture recognition platform Rithmio said Thursday that it has received $650,000 in seed funding. Marcin Kleczynski, CEO of Malwarebytes, led the round with participation from other investors that included Illinois Ventures, Techra Investments, Hyde Park Venture Partners, Serra Ventures, BonaVentura and Fox Ventures.
Early-stage investor Hyde Park Venture Partners announced it has hired Tim Kopp, formerly the CMO of email marketing company ExactTarget, as an advisor and venture partner. The firm said Kopp is already a direct investor in five of its portfolio companies. Chicago-based Hyde Park, which focuses on tech companies in the Midwest, raised its inaugural fund in June 2013.
Beringea has led a $12 million Series D funding round in InContext Solutions, Inc., which provides three dimensional virtual store research and software to manufacturers and retailers. Beringea invested $5 million in the funding round. Other participants in the funding included Plymouth Venture Partners, Hyde Park Venture Partners and other inside investors.
InContext Solutions has secured $12 million in Series D funding. The investors were Beringea, Plymouth Venture Partners and Hyde Park Venture Partners. Based in Chicago, InContext Solutions is a 3D virtual simulation tech firm.
Online parking marketplace ParkWhiz said Monday that it has raised $10 million in Series B funding. Jump Capital led the round with participation from return backers Hyde Park Venture Partners, Reddit co-founder Alexis Ohanian, former Nokia/Navteq CTO Amreesh Modi, former Technology Crossover Ventures partner Henry Feinberg and Hyde Park Angels.
G2 Crowd, a business software review site based in Highland Park, Illinois, has received $2.3 million in additional seed funding. The investors included Chicago Ventures, Hyde Park Venture Partners, Andrew Filipowski, chairman of SilkRoad Equity and Greg Jones, founding CEO of uBid and partner at Edgewater Funds.