After $1.3B exit, Cleversafe's founder goes all in on Chicago's tech scene again

Written by Andreas Rekdal
Published on Jul. 26, 2016
After $1.3B exit, Cleversafe's founder goes all in on Chicago's tech scene again

Some of Chicago tech’s biggest names are returning to the headlines.

Only two weeks after Chicago tech heavyweight Sam Yagan made waves by bringing Amazon competitor ShopRunner’s headquarters to Chicago, Cleversafe-founder Chris Gladwin has unveiled he is working on a new project.

Gladwin’s new company, Ocient, is headquartered at Madison and Wacker and is actively recruiting for C++ developers.

"Our last software company created over $1B in wealth for employees and investors, minted over 80 new millionaires, generated over 300 granted patents, and revolutionized the way the world's largest data sets are stored," said Gladwin in a statement. "Our new software company, Ocient, is addressing an even larger market opportunity. If you are a bright C++ developer anywhere near Chicago and want to tackle some of the most complex software problems on the planet, you'll want to be a part of this."

Though vague on details, including what kind of product its newfound developers will be working on, the release stated that Ocient is “extremely well funded,” with plans to ultimately hire hundreds of people locally.

Gladwin’s last venture, Cleversafe, was reportedly bought by IBM for a hefty $1.3 billion. That entity recently rebranded as IBM Cloud Object Storage.

In addition to Gladwin and Yagan, serial entrepreneur Eric Lefkofsky, who co-founded companies like Echo Global Logistics, Groupon and Uptake, as well as Lightbank, a VC firm, also appears to have a big new project on his plate. Citing “multiple sources familiar with the company’s plans,” Chicago Inno reported that Lefkofsky is involved with Tempus, a healthtech startup that uses analytics and DNA sequencing to help doctors provide personalized cancer treatment.

The most recent of Lefkofsky’s big ventures, Uptake was named the hottest startup of 2015 by Forbes Magazine last December.

Exact details surrounding Lefkofsky’s involvement with Tempus remain unclear.

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