Chicago Inno: Phenix, a Startup Making Better Live-Streaming Tech, Raises $16M

A Chicago live-streaming company just raised a new round of funding as it works to bring better streaming capabilities to live events.

Phenix said it has raised a $16.7 million Series B round led by Chicago-based sports tech VC firm KB Partners with participation from Verizon Ventures and Manheim Investments. The startup says the new funding brings its valuation to $90 million. To date, Phenix has raised about $40 million.

View full article in Chicago Inno.

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