Pritzkers invest in local software provider Firm58

Posted June 4, 2010 at 11:45 a.m.

By Becky Yerak
Firm58, a Chicago-based software provider to the financial services
industry, has raised another $7 million in funds from a group led by
existing investors, including the Pritzker family’s early-stage venture
capital arm.

The latest funding round follows two record-setting quarters for Firm58, and brings its total funding to $19.2 million.

Founded in 2005, Firm58 is headquartered in Chicago on South Jefferson Street, and also has a New York office.

It’s backed by North Bridge Venture Partners, with offices in Massachusetts and California, as well as Chicago-based New World Ventures. New World Ventures is an early-stage venture capital firm that invests in privately held technology and telecommunications companies on behalf of the Pritzker family.

Financial interests of the Pritzker family also include Hyatt hotels and TransUnion credit reporting company.

To read a copy of Firm58’s announcement, click here.

Read more about the topics in this post: ,

Comments are closed.