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Ex-Fieldglass CTO Raises $11 Million for New Venture

From Crain's Chicago Business:

Sean Chou, former chief technology officer of Fieldglass, has raised $11 million for his startup Catalytic.

The company, founded last year, is working on a business-software platform called Pushbot. Chou declined to elaborate on the product or the company. The funding was disclosed in a securities filing.

Investors include New Enterprise Associates, which has backed several successful Chicago startups, such as Groupon, Sprout Social and Raise Marketplace; Chicago Ventures; and former Fieldglass CEO Jai Shekhawat.

Chou was the technology architect at Fieldglass, a human-resources software company that sold for more than $1 billion to SAP two years ago.