Advertisement
Chicago

Chicago funding news: Security apps, sales and marketing and lifestyle top recent local invest

Chicago-based security company NowSecure has secured $15 million in Series B funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced June 28 and led by ForgePoint Capital.

According to its Crunchbase profile, "NowSecure is a Mobile App Security Company dedicated to advancing the state of mobile app security worldwide. Our unique mobile app security products and services provide broad coverage for the large mobile app attack surface. Our products are unique because they are fast (less than 30 minutes), accurate (very low false positive rate) and automated (integrate with CI/CD)."

The 10-year-old company has raised two previous funding rounds, including a $12 million Series A round in 2014.

The round brings total funding raised by Chicago companies in apps over the past 90 days to $29 million. The local apps industry has produced 20 funding rounds over the past year, securing a total of $123 million in venture funding.

In other local funding news, marketing and reputation company ReviewTrackers announced a $10 million Series B funding round on June 25, financed by PeakSpan Capital.

According to Crunchbase, "ReviewTrackers is a customer feedback software that is used to measure and transform the customer experience. Its platform collects review data from review sites to generate new reviews that engages its customers and listen and respond to their comments to discover key business insights. It was founded in 2012 and is headquartered in Chicago, Illinois."

Founded in 2012, the company has raised six previous rounds, including a $2.9 million round in 2017.

Meanwhile, communities company Easter Seals raised $230,000 in grant funding, announced on June 27. The round was financed by Comcast NBC Universal Foundation.

From the company's Crunchbase profile, "Since its founding in 1944, Easter Seals has had one mission: ensuring that children and adults with disabilities have equal opportunities to live, learn, work and play. Through the years Easter Seals has been continually developing new programs and innovative approaches to meet the specific needs of its clients. One of Easter Seals’ most enduring programs has provided a summer camp experience for children with disabilities for more than 60 years."

Easter Seals last raised $200,000 in a grant in 2016.


This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.