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July Midwest Report: All of the Region’s Major Tech Fundings, M&As and IPOs this Month


Midwest Report
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While we’re primarily focused on Wisconsin's innovation economy, we also have our eyes on all of the startup and tech activity happening throughout the entire Midwest. Here are the major tech fundings, acquisitions, mergers, moves and IPOs that went down in the region in July. See all Midwest Reports here.

7/2: Independence, Ohio-based Keyfactor, a cybersecurity company backed by Insight Partners, acquired SPain-based Redtrust, a provider of centralized certificate and digital signature management software. Terms of the deal were not disclosed.

July 8: Minneapolis-based Perforce Software, a provider of enterprise scale software solutions to technology developers, received an investment from private equity firm Francisco Partners. Terms of the deal were not disclosed.

July 9: Cincinnati-based Blue Water Vaccines, a developer of a universal flu vaccine, raised a $7 million seed round from CincyTech.

July 9: Indianapolis-based Perq, a maker of marketing and sales software, raised a $6 million Series A from Poplar Ventures.

July 9: Chicago-based GovQA, a provider of public sector compliance software, received an undisclosed investment from Frontier Capital.

July 10: Chicago-based Mobile Doorman, a software provider of custom mobile apps connecting residents and their communities, raised a $6.5 million round of funding from Reimagined Ventures.

July 14: Minneapolis-based POPS Diabetes Care, a diabetes care management startup, raised a $6 million Series A from 30Ventures.

July 15: Springfield, Missouri-based BriteCore, a provider of software solutions for insurers, raised $47.5 million in funding from Warburg Pincus, with participation from Radian Capital and WCF Mutual Insurance Company.

July 16: Chicago-based Built In, a network of local hiring platforms for tech jobs, raised a $22 million Series C from Updata Partners, with participation from Math Venture Partners.

7/22: Oak Brook, Illinois-based Tidal Commerce, a payment processing and merchant services company, raised a $4 million round of funding from Super G Capital.

7/23: Bozeman-based Quip, a conversational engagement platform, raised a $12.5 million Series B from Foundry Group, with participation from Teamworthy Ventures, Venrock and Next Frontier Capital.

7/24: Chicago-based Reverb, a marketplace for new and used music equipment, was acquired by Etsy for $275 million in cash.

7/26: Indianapolis-based DemandJump, a marketing tech firm, raised $5.5 million in funding from BIP Capital.

7/28: Indianapolis-based Socio, an event management platform for organizations to optimize their live events, raised a $6M Series A from High Alpha Capital, with participation from Greenspring Associates. In conjunction with the fundraise, High Alpha partner Mike Fitzgerald will join Socio’s board.

According to the company, the funding will largely support two goals - First, it will help Socio rapidly grow teams at its Indianapolis headquarters and EMEA office in Istanbul. Second, it will accelerate Socio’s development of new products to help customers put on successful conferences, trade shows, and internal and external meetings.

7/29: Coralville, Iowa-based VIDA Diagnostics, a firm focused on AI and pulmonary care, raised an undisclosed amount of funding from UnityPoint Health Ventures.

7/29: Chicago-based StratEx, a provider of HR and payroll software for restaurants, was acquired by Toast from Halyard Capital. Terms of the deal were not disclosed.

7/30 Cincinnati-based Physna, a 3D model analysis tech startup, raised a $6.9 million Series A from Drive Capital.

7/31: Michigan-based Charter Capital Partners is raising up to $100 million for a growth capital fund, according to an SEC filing.

(Data culled from Inno reporting, Fortune’s Term Sheet newsletter, Axios’ Pro Rata newsletter, SEC filings and more)


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