Tempus raises $200M
The cancer-fighting technology company Tempus, has raised an impressive $200 million round to treat more diseases. This Series F funding round comes after the company raised 180 million in 2018, and it will allow Tempus to “scale and expand its mission,” a spokesperson for the company told Built In. Tempus is now valued at $3.1 billion, making it one of the most highly valued tech companies in Chicago. [Built In Chicago]
Bring on the celebs: Cameo’s reportedly hitting a $300M valuation
Cameo is finalizing a Series B investment valuing the tech company at $300 million according to Axios. With Kleiner Perkins leading the Series B, the deal is driven by Cameo’s high growth and strong handle on talent, according to multiple sources Axios spoke with. [Axios]
Chicago Ventures raises third fund at $75M
According to an SEC filing made last week, Chicago Ventures is raising a third fund at $75 million dollars. Dedicated to investing early-stage companies in Chicago and the Midwest, Chicago Ventures will have raised a total of $181 million once this fund closes. [Built In Chicago]
BigTime is making way for 75 new hires
BigTime Software, a cloud based platform that helps companies with expense tracking, just raised $14 million. The company will put much of the funding toward making 75 new hires in Chicago, including several senior-level leaders. CEO Brian Saunders said in a statement that the company is particularly investing in sales, marketing and product development to support growing demand for its software. [Built In Chicago]
... plus several major leadership hires
With more than 400 employees across 10 offices, Rightpoint, is growing by adding a new executive member and promoting from within. Andrew Shultz joins the team as senior vice president and director of the Chicago office. Previously a managing director at SapientRazorfish (now Publicis Sapient), Shultz will use his strong technical background to grow the Chicago team.
Micah Swigert has also been promoted to senior vice president of technology. He will be responsible for market positioning and Rightpoint’s technical offerings. Both of these new appointments come at a time when Rightpoint is growing its regional presence and scaling its team to meet an increase in client demand.
Bento For Business, which makes expense management solutions designed for small and medium-sized companies, has named Paula Bachman as chief financial officer and Tracy Hansen as chief marketing officer. Bachman comes to Bento by way of Networked Insights, and will focus on improving business processes and head up the company’s HR group.
Hansen comes to Bento from Renaissance Learning, which was acquired around this time last year. She has also worked as a B2B marketer for companies like Tealium, NetApp and CA Technologies. Both hires come at a time of increasing growth for Bento For Business, with a threefold increase year over year in gross dollar volume. The company has raised $18.5 million in funding.
