Brookfield software developer Connecture raises $20 million

Connecture Inc., a Brookfield company that develops software for the insurance industry, said it has raised $20 million in additional funding from two private investment firms. Great Point Partners LLC, a private investment firm based in Greenwich, Conn., will invest $18 million in the company, said Doug Schneider, chief executive of Connecture. Chrysalis Ventures, a venture capital firm based in Louisville, Ky., and an existing investor, will invest an additional $2 million. (JOURNAL SENTINEL, 8/17)