Catalyst-backed PresenceLearning, the leading provider of live online special education-related services to K-12 schools, named Kate Eberle Walker as CEO. Walker was most recently CEO of The Princeton Review, a leading provider of tutoring, test preparation and college admissions services.
Catalyst portfolio company Envoy Global was ranked among the best places to work in Chicago. Envoy is a global immigration services provider offering the only enterprise immigration management platform that makes it seamless for companies to hire and manage an international workforce by combining expert legal representation — for both inbound and outbound immigration — and proprietary technology.
Catalyst-backed Fusion Risk Management is built on a philosophy that teamwork and transparency is what drives success — it’s what shapes the company culture and serves as a basis for its cutting-edge software. Built In Chicago spoke with three team members to learn more about what makes Fusion’s culture special and how it supports their work.
Catalyst portfolio company Jobvite earned Brandon Hall Group’s 2018 Excellence in Technology Awards gold category honors. Awarded for its recruiting and candidate management software, the accolades highlight Jobvite’s continued success in developing a full-cycle, candidate-centric recruiting software platform that helps companies engage candidates with meaningful experiences from first look to the first day.
Catalyst portfolio company Weave, a customer experience management (CXM) platform, raised an additional $37.5 million in a Series C funding round. Catalyst participated in the round led by Lead Edge Capital along with other existing investors Bessemer Venture Partners, Crosslink Capital and Pelion Venture Partners.
Catalyst portfolio company WeWork signed a $3 billion warrant with SoftBank. SoftBank agreed to pay $3 billion to WeWork for the opportunity to buy shares before September 2019 at a price of $110 a share or higher, depending on whether WeWork goes public, is acquired or raises a $1 billion round before that date. No matter the outcome, the deal would value WeWork at at least $42 billion, according to the company.
Xplore Mobile is the wireless service of Catalyst-backed Xplornet Communications Inc. and will provide voice, text and data services to Manitobans on a 4G LTE wireless network. Committed to being fair, simple and transparent, Xplore Mobile is designed with Manitobans at the core of everything it does.
Catalyst-backed MediaMath announced the release of the Guaranteed Viewable Market, which offers impression-level verification powered by MediaMath’s enterprise identity solution, delivering exclusive access to 100% viewable, 100% fraud free media. In its beta release, the market offers omnichannel media execution across mobile and desktop channels. The Guaranteed Viewable Marketbrings the promises of blockchain – transparency, trust and immutable consensus– to digital marketing today, and it paves the way for a future of innovation.
Catalyst-backed BrightFarms is poised to bring its local greenhouse model to a nationwide audience with 15 hydroponic greenhouses to be built in the next three to five years as demand for locally-grown produce outweighs organic.
For QSRs, offering mobile order-ahead can be a double-edged sword. While it’s critical to boosting sales, it also comes with the expense of tackling card-not-present fraud. In the new Mobile Order-Ahead Tracker, Chris Webb – CEO of Catalyst Investors-backed ChowNow – explains how ordering platforms can help by viewing customer interactions across restaurants to identify suspicious behavior, and by handling security measures behind the scenes to tackle fraud and reduce friction.