Chicago has come to house an array of blockchain and Web3 innovators, one of which announced a fresh round of growth funding last week. Check out what else is new on the lakefront with the Built In Chicago Weekly Refresh.
DFlow secured $5.5M. DFlow pulled in fresh capital from Framework Ventures for its decentralized-finance protocol. The crypto trading protocol allows companies and individuals that trade assets to pay for trade routing directly from their wallet apps. DFlow aims to decrease the cost of trading for retail customers. [CoinDesk]
Chicago Tech Quote of the Week
“Many organizations continue to face an uncertain outlook, and the finance and strategy leaders need data-backed intelligence for strategic planning and decision-making now more than ever. My passion lies in the transformative power of technology and its potential to give organizations the edge they need to maximize performance and optimize margins.” — Robert Hendricks, CPO at Syntellis
Syntellis hired a new CPO. Syntellis provides performance management software solutions for businesses in the healthcare, higher education and finance sectors. The company announced the appointment of Robert Hendricks as chief product officer. Formerly a managing partner at Valuzzia Partners, Hendricks will be responsible for leading Syntellis’ product strategy and execution. [Syntellis]
Fusion Risk Management joined Great Hill. Fusion develops software offering enterprise IT risk and incident management solutions. Great Hill Partners will acquire a majority stake in Fusion from Vista Equity Partners. The deal will value Fusion at more than $500 million. [Bloomberg]
