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Local startup Rocketmiles raises $6.5 million from Chicago Ventures, CEO

from Chicago Sun-Times

Chicago travel loyalty rewards startup Rocketmiles has raised $6.5 million in new venture funding that will expand its offerings to international markets. The company, which launched its mileage-rewards program in April 2013, has raised a total of $8.5 million from investors ranging from locally-based Chicago Ventures, TechStars Chicago Managing Director Troy Henikoff and CEO Sam Yagan, to Menlo Park, Calif.-based August Capital and Cambridge, Mass.-based Atlas Venture. more

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