Get Our Newsletter

Tech Cocktail Chicago


Rivet News Radio Raises $1.7M to Become the Pandora for News Radio

rivet-news-radio

The Chicago-based HearHere Radio – the company responsible for Rivet News Radio – announced earlier today that it has raised $1.7 million in Convertible Promissory Notes in an effort to become the the Pandora for news radio, reports Crain’s Chicago Business. Investors in this round include the Associated Press, A.H. Belo Management Services, Whittier Ventures, and… Read more »


Who is Chicago’s Hottest Showcasing Startup? [Poll]

who-is-chicagos-hottest-startup

Chicago, let’s get ready to rumbleeee…well, you get the idea! Tech Cocktail is back in town and we’re very thrilled to host our 3rd 2014 Chicago Startup Showcase & Cars.com Speaker Series event. We have a special event prepared for our local entrepreneurs, which includes a chat with Ben Huh, CEO and Founder of Cheezburger, and Talia… Read more »




Nordstrom to Buy Chicago-Based Trunk Club

trunk-club

Nordstrom announced today that it will acquire the Chicago-based men’s clothing service company, Trunk Club. The deal is expected to close in Nordstrom’s third quarter. No terms were disclosed. Trunk Club provides a personalized shopping experience for men. With 250 stylists, the company focuses on building one-on-one relationships with its members to fully understand their… Read more »



Chicago’s AvantCredit Raises $75M Series C for Online Consumer Lending

avantcredit

The Chicago-based financial tech startup AvantCredit announced the closing of a $75 million round of Series C financing led by Tiger Global Management. In addition, the company has announced a $200 million credit facility led by Victory Park Capital. AvantCredit has grown rapidly since its launch at the end of 2012. The startup has revolutionized the online… Read more »


ParkWhiz Raises $10M Series B for Prepaid Parking Service

Parkwhiz

ParkWhiz announced this morning that it has closed a $10 million Series B round of funding for its prepaid parking service. The round was led by Jump Capital. Other participants include current investors Hyde Park Venture Partners, Alexis Ohanian, Amreesh Modi, Henry Feinberg, and Hyde Park Angels. Founded in 2006, ParkWhiz offers consumers a way… Read more »





Loyalty Rewards Company Belly Announces International Expansion into Canada

belly-card-logo

It was announced this morning that loyalty rewards company Belly has expanded internationally, launching 50 locations in the Vancouver market. This is the company’s first move beyond the United States. Since its founding in 2011, the Chicago-based company has gained more than 3 million members, who have redeemed more than 1 million rewards through its loyalty rewards mobile app. Belly’s loyalty… Read more »