Boom Supersonic raises $33M to build the fastest airplane for passenger flight

Boom Supersonic has raised a new $33 million Series A round, which it says is enough to build and fly its first supersonic jet, the XB-1 demonstration and testing craft, which will be a 1/3-scale prot

Formation 8 founder Jim Kim and longtime VC Paul Lee partner on a new fund called Builders

Jim Kim, who most recently co-founded the venture firm Formation 8, is launching a brand-new venture firm called Builders that looks to be raising a $200 million fund, judging by a recent SEC filing.

Mobile App Accelerator Neumob Raises $8.5M Series A Led By Accel Partners

Neumob, a service that helps mobile app developers get their in-app content to users faster, today announced that it has raised an $8.5 million Series A round led by Accel Partners. Additional investo

Lightbank Launches A Coworking Space In Chicago

Chicago-based Lightbank, the VC firm started by Groupon investors Eric Lefkofsky and Brad Keywell, is launching a new co-working space at 600 W. Chicago Avenue today, called <a target="_blank" href="h

TalentBin Raises $2M From Lightbank To Be The Data-Focused Recruiting Platform For Technical Talent

<a target="_blank" href="">TalentBin</a>, a startup that uses data to help recruiters discover hard-to-find technical talent, has raised $2 million in new funding led by Lightb

Ask A VC: Lightbank’s Paul Lee On The Art Of Finding Your Co-Founder

In this week's episode of Ask A VC, Lightbank partner Paul Lee stopped in the studio. Lee, who is based in Chicago, joined Lightbank as a Partner in February 2011 and has led investments in BabbaCo, U

Lightbank Heads East, Opens Office In New York

As we <a href="">reported</a> a few weeks ago, VC firm <a target="_blank" href=

Lightbank Aims To Change The VC Game As It Expands Its Investments Beyond Chicago

There's a lot of talk about disruption in the venture capital world. We've<a href=""> discussed</a> at length the shift that many V

VC Transparency Is The New Black

When Instagram was <a href="">bought</a> by Facebook earlier this spring for $1 billion, one ques

Lightbank Makes First Mobile Gaming Bet On Battle Bears Developer, SkyVu

<a href="" rel="attachment wp-att-627729"><img src="" alt="" title="SkyVu" width="136"

12Society Grabs Michael Strahan, Nets Funding From Groupon Co-founders, BeachMint President

When we last heard from <a href="">12Society</a> -- the stealth startup described as a "guy-focused lifestyle platform built on the intersection of culture, technology and com

Lightbank-Backed oBaz Launches Crowdsourced Haggling Service

I've always heard that stores and retailers are willing to barter with customers on pricing, including many chains, but I never have the courage to actually haggle with salespeople. To be honest, I lo

Lightbank Invests In Location-Based Mobile Social Network WhosHere

After <a href="">backing Babbaco</a>, <a href="

OpenChime Nabs $700K From Groupon Founders

<img src="" /><a href="">OpenChime</a>, a startup that allows users to get onlin

Lightbank Adds Former Playboy And NBC Exec Paul Lee As Partner

<img src="" class="shot2"><a href="">Lightbank</a>, the <a href="https://beta.techcrun

Sprout Social Raises Funding, Offers Business Tools For The Social Web

<img src="" class="shot2" /><a href="">Sprout Social</a>, a provider of social relationship management serv

Groupon Directors Establish $100 Million Fund To Invest In The Midwest

<img src="" class="shot2" /><a href="">Eric Lefkofsky</a> and <a href="http://www.crunchbase