Chicago-based video interview startup RIVS snaps up a competitor
Sifting through hundreds or thousands of resumes for a single job opening can be an expensive and time-consuming nightmare for a growing company.
Chicago-based startup RIVS aims to speed up that interview process with technology. It announced Thursday that it has acquired competitor InterviewStream.
Funding Chicago Innovation: A Look At Windy City Startup Investors
In the third installment of a four-part series on Chicago, we take a look at some of the angels and VCs that are funding Chicago’s future.
5 reasons picking an investor is about more than the money
For those who follow the startup scene closely, it can be easy to get caught up in how much money a company is raising. But where the funding comes from can be just as important as the amount, because seasoned investors have a lot more to offer.
“Money is just money,” said MATH Venture Partners Managing Director Mark Achler. “The real value-add is our experience in scaling companies.”
Achler said that while having enough capital to get off the ground is important, it’s not the only, or even necessarily the biggest, challenge startups face. We spoke with investors and staff members at five Chicago-based investor groups to learn more about the ways in which investors set their portfolio companies up for success.
Angels invest in local medical device startup
A Naples-based investment fund has bet its money on the success of a local orthopedic medical device startup.
The fund, Tamiami Angel Fund II, or T2 for short, has invested nearly $1 million in Catalyst OrthoScience to help the company ramp up the production of what it describes as a "breakthrough product" for shoulder-replacement surgery.
Vagabond Vending Lands Over $3M in Series A Funding Led by IrishAngels
Vagabond Vending, a leading provider of route management and data analytics tools to vending machine operators, announced that it closed more than $3M across two related financing rounds, the first being led by early stage venture capital firm Middleburg Capital Development (MCD) and the second being led by IrishAngels. Blu Venture Investors and other individual angels participated in both rounds. In addition, Vagabond has engaged with MCD and 1st Source Capital Corporation on a broad ranging financing agreement that enables Vagabond to provide needed capital to operators deploying new technologies.