Microsoft acquires TakeLessons, an online and in-person tutoring platform, to ramp up its edtech play

Microsoft said in January this year that Teams, its online collaboration platform, was being used by over 100 million students — boosted in no small part by the COVID-19 pandemic and many school

Hello Divorce raises $2M so that couples can say ‘good-bye’ easier

Divorce is messy and stressful, made even messier and stressful when a couple is unable to go through the legal process because of the cost.

Remote Year, which helps you work while traveling the world, lays off 50% of staff

Remote Year wants to help people travel around the world and keep their job while doing so. The Chicago startup relies on the idea that “great work can be done anywhere.” And to prove it, it bring

Chicago’s Sprout Social prices IPO mid-range at $17 per share, raising $150M

On the heels of’s debut, Chicago-based social media software company Sprout Social priced its IPO last night at $17 per share, in the middle of its proposed $16 to $18 per-share range.

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="http

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 VCs ar

VC Transparency Is The New Black

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

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" height="12

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 online quo

Lightbank Adds Former Playboy And NBC Exec Paul Lee As Partner

<img src="" class="shot2"><a href="">Lightbank</a>, the <a href="

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
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