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Cosmos acquires major stake in mobile personal assistant Terranova, gives boosts with $15M
Chicago-based Terranova, a developer of A.I. software, has received a $15 million infusion of funding from Cosmos Holdings, which acquired a majority 70 percent stake in the company. Cosmos has offices in Chicago, New York and Europe and announced the LOI deal Tuesday. [Cosmos acquires major stake in mobile personal assistant Terranova, gives boosts with $15M: Built In Chicago]
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Centro moving to the Loop
Centro has outgrown their office space once again, making the move from River North to the Loop. The tech company has just leased 67,000 square feet in the Sullivan Center on State Street. Centro is currently in 222 W. Hubbard St. [Sullivan Center adding another tech tenant: Chicago Real Estate Daily]
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VISANOW Announces Richard Burke as President & CEO
Dick Burke has joined VISANOW, a provider of online immigration services, as President and CEO. Prior to joining VISANOW, Burke served in the top leadership role as President of Apartments.com, where he managed all of the business operations including the sales, marketing and finance sectors as well as the product development, production, customer service and technology departments. He will also join the company’s board of directors.
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Rick Zullo joining Lightbank as Vice President
Rick Zullo will be joining the Lightbank investment team as Vice President in Chicago. The Chicago-based venture capital firm started by serial entrepreneurs and Groupon co-founders, Eric Lefkofsky and Brad Keywell, is a leading national venture capital fund specializing in early stage, disruptive technology companies.
[ibimage==43706==Original==none==self==ibimage_align-left]Say goodbye to parenting books: Just text the city
Mayor Rahm Emanuel announced a new text messaging service for parents in Chicago this week. Connect4Tots is a free service launching the the fall of 2015 that will offer information on children’s health, education, social services and events. [The City of Chicago Wants to Text You Parenting Resources With Connect4Tots: Chicago Inno]
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Agtech startup Chromatin raises another $12M
Agriculture-tech startup Chromatin has raised another $12 million round of financing. The money will be used to expand internationally and develop the product. The Chicago-based company was founded in 2000 and breeds sorghum seeds. It has raised more than $80 million to date. [Chromatin adds $12 million to fuel growth: Crain’s Chicago Business]
