Former Chicagoland Entrepreneurial Center leader Kevin Willer isn’t joining the i2A venture capital fund after all. He’s leading a new fund four times bigger than i2A but with many of the same investors. The new $40 million venture capital fund, … Continue reading
While the government’s top-secret snooping of emails and phone calls and foreign hackers’ attacks on U.S. banks grab the headlines, top-notch cybersecurity is just as important to a local company that ensures the lemon is tart in hard candy and … Continue reading
Early-stage technology VC firm Hyde Park Venture Partners is closing the fund after surpassing its fundraising goal, and is counting on the Chicago heavyweights who started Redbox and OkCupid to help choose entrepreneurs in whom to invest seed and Series … Continue reading
Technology pros in the Midwest have reason to cheer their job prospects, with 71 percent of recruiters and companies in this part of the country saying they intend to hire more tech workers in the second half of the year … Continue reading
ParkWhiz, a Chicago-based Web and mobile site that tells motorists in real time about the cheapest parking garage vacancies and offers discounts on those spaces, is expanding its daily and monthly parking service to New York, starting Wednesday. The company’s … Continue reading
Chicago gets bragging rights to a new science and innovation confab, thanks to a company that traces tentacles of its roots to the stockyards. AkzoNobel, a Dutch multinational paints, coatings and chemicals company with 50,000 employees and $20 billion in … Continue reading
Three lean and fast-growing startups have set up headquarters in the same West Loop building, and they’re putting a new spin on collaborative work: They share owners. Some of the firm’s principals own stakes in all three companies. The trio … Continue reading
Technology projects worth $150 million will transform nine South Side neighborhoods by 2015 with a data center, a job training center and ultra-high-speed Internet connections that will bring Chicago’s fastest fiber and wireless broadband capacity to 100,000 residents and 11,000 … Continue reading
The Illinois Medical District plans a high-tech expansion as audacious as its decadelong mismanagement that ended in a $40 million revenue-bond default last year. The district, whose 560 acres cover most of the Near South and West sides, is now … Continue reading
Eleven Chicago companies, ranging from a transportation logistics firm to an environmental health software seller, made this year’s Inner City 100, a ranking of the fastest-growing companies in the nation’s urban neighborhoods. The list shows that Chicago’s growth relies on … Continue reading