Hyde Park Venture Partners, an early-stage investing firm, announced that it has closed its inaugural fund with commitments totaling $25 million.
The company did not disclose any of its limited partnerships. Hyde Park Venture Partners, founded two years ago, were formed by area angel investors to finance upstart technology companies, zeroing in on the Chicago area. Recently, Hyde Park Venture Partners have invested in early-stage tech firms within the Midwest region.
The firm's portfolio includes InContext Solutions, a Chicago-based 3D internet shopping software developer, and Tap.Me which was recently exited via undisclosed sale to MediaMath.
"We are excited to finish our fundraising with the addition of several terrific limited partners," said, managing director at Hyde Park Guy Turner. "We will continue to nurture the innovation that is constantly emerging throughout the Midwest by investing in some of the region's best entrepreneurs and those yet to be discovered," he added.
HVPV's most recent Series A investment is in SimpleRelevance, a digital marketing company currently within TechStars Chicago's inaugurals.
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