Newly Launched Hyde Park Venture Partners Makes First Investment in Virtual Store Research

Posted in InContext Solutions

HPVP CO-LEADS THE  $ 1.5 MILLION FUNDING OF INCONTEXT SOLUTIONS

A new early-stage investor has emerged in the growing entrepreneurship and technology landscape of Chicago: Hyde Park Venture Partners (HPVP). Its first investment is in InContext Solutions, a pioneer in web-based 3-D virtual store environments. HPVP, along with Hyde Park Angels, co-led InContext Solutions’ recent $ 1.5 million round of equity funding. The consortium of investors also included leading graphics and computing company, AMD.

HPVP is an early-stage venture capital fund investing in technology companies in the Midwest, with particular focus in Chicago.

"We are proud to add HPVP to our financial partners and to be recognized among Chicago’s technology leaders," said Bob Gillespie, CEO and co-founder of InContext Solutions. "We plan to continue to grow our software offering and to lead innovation in virtual store research and in collaborative product and store planning."

"InContext Solution's unique offering and experienced management team are exactly what we look for in a company," said Guy Turner, managing director of HPVP. "In the retail and consumer manufacturing world, speed is critical to staying on the shelf and ahead of the competition. Thanks to InContext Solutions, product and packaging decisions that used to take months can be completed in a matter of weeks. We are excited for what will come next."


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