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Tech Cocktail Chicago

Harper Reed Launches Modest to Revolutionize Mobile Commerce

mobile commerce

The brilliant team that figured out how to engineer personalized, micro-targeted engagement for Obama’s 2012 re-election campaign has officially announced the launch of a revolutionary mobile commerce platform called Modest. Harper Reed, CEO,  and Dylan Richard, CTO; both formerly of Threadless prior to running the tech for Obama for America, have been working in stealth to develop and hire at Modest…. Read more »


This App Will Help You Stop Sending Embarrassing Texts

On Second Thought Messaging

Whether you were drunk or sober, sometime in the past each and every one of us has sent a text that we wish could’ve taken back. One of the paradoxes about our rapid development of technology and our attempts to make machines become more human is its propensity to act in opposition to our actual human initiative;… Read more »


Never Let Them Go: Grab an ‘Ex-Box’ for Valentine’s Day

Never Let Them Go: Grab a SpaceWays Ex-Box for Valentine's Day

When it comes to romantic relationships, sometimes letting go just isn’t as relieving as people claim. No matter the amount of time that has elapsed or the situation through which these relationships end, a recurrence of memories and past emotions is inevitable, and we fall to weaknesses of human nature – our hearts becoming an encumbrance to… Read more »


Where to Find Money If You Are a Startup

Jeff Carter startup funding

Angel investor Jeff Carter knows a thing or two about turning concepts into profit. He is the co-founder of Hyde Park Angels, one of the most active angel groups in the United States. Currently, he is raising a small VC fund, West Loop Ventures for startups in Chicago. He recently wrote a blog post about various sources startups… Read more »


How to Use TurboAppeal to Save on Property Taxes

How to Use Turbo Appeal to Save on Property Taxes

Most People are Paying Too Much in Property Taxes For homeowners, mortgages and property taxes often make up a large portion of annual expenses. Before making the decision to buy real estate, it’s important that prospective buyers take both things into consideration before going all in on making a purchase. While mortgage rates differ for everyone, property… Read more »


Marketplace Lending Platform Bolstr Raises $1.7M

Marketplace Lending Platform Bolstr Raises $1.7M

The Chicago, IL-based Bolstr- the marketplace lending platform for emerging consumer, retail, and manufacturing businesses – has raised $1.65 million in seed funding. This amount was upsized from the originally anticipated $1.5 million target. Those that contributed to the this round include Montage Ventures, Kapor Capital, DRW Trading Group, Merrick Ventures, and Wilson, Sonsini, Goodrich… Read more »


Knight Foundation Funds 8 Tech Innovations for Libraries

Knight Foundation Funds 8 Tech Innovations for Libraries

This morning, the Knight Foundation announced the winners of the Knight News Challenge on Libraries, which challenged people from around the U.S. to reinvent and innovate the ways through which people experience our country’s libraries. Focused on adapting libraries to the digital age, Knight awarded funds to eight projects that utilize in technology to advance… Read more »


Pivotal Opens Office in Chicago’s Merch Mart

Pivotal Opens New Office in Chicago's Merch Mart

The San Francisco, CA-based Pivotal – the company that provides businesses with PaaS-based solutions utilizing Big Data, agile development, and the Cloud – has announced the opening of its new office in Chicago, IL. The new Chicago office is part of the company’s plan to expand across the U.S., and will house Pivotal Labs, the company’s agile… Read more »


Microsoft Ventures Asks: What Makes Your City Special?

Chicago startups

We are proud to partner with Microsoft Ventures to promote their Digital Work Accelerator in Seattle. The team from the Digital Work Accelerator has been traveling across the country to conduct pitch events and information sessions to help startups apply to the accelerator. Got a question? Add your question here: Click to Tweet:@MSFTVentures @techcocktail #digitalwork #Q&A Last Friday, the Microsoft… Read more »


Investors Told Her: We Don’t Fund Female Concepts

nicole_staple_brideside

Last year, Brideside was in talks with a large angel network, hoping to raise funding from them. After sharing information about their business over email and by phone during the due diligence process, they got the bad news: the angels weren’t going to invest. Co-CEO Nicole Staple recounts the gist of their rejection: “We represent a… Read more »


AvantCredit Raises $225M Series D for Online Consumer Lending

avantcredit

AvantCredit, the Chicago,IL-based financial tech startup in the online lending industry, announced the closing of a $225 million round of Series D financing. Contributors to this round include existing investors Tiger Global Management and August Capital, as well as new investments from Peter Thiel, DFJ Ventres, RRE Ventures, and KKR. Additionally, AvantCredit has received $300 million credit… Read more »


Uber, Fooda, Drizy, Others Team Up to Select One Great Chicago Company for the Ultimate Office Happy Hour

uber-fooda-drizly-instacart-handy-ultimate-happy-hour

Five Chicago startups are teaming up for Happy Hour Delivered, a promotion aimed at giving one Chicago business the ultimate happy hour experience. Drizly, Instacart, Fooda, Uber and Handy will be providing food, drink, transportation, and cleanup altogether worth up to $2,330 for one Chicago office. “It’s the giving season!” said Fooda COO Jason Stulberg. “We… Read more »



Send Us Your Nominations for the General Assembly & Tech Cocktail Chicago All-Star Award Ceremony

chicago_allstar_holiday_party

Guess what? Thanksgiving is next week. And then there’s that whole period between Thanksgiving and Christmas when all you can think about is, well, um, Christmas. More importantly, though, the holiday season signals the inevitable end to the year; hence, the period after Thanksgiving often turns into a period of reflection, remembrance, and recognition – a look… Read more »