Chicago’s tech scene was buzzing last week. Get your fix on the city’s movers and shakers with these big headlines. This is the Built In Chicago weekly refresh.
GrubMarket acquired Nova Libra. Chicago-based Nova Libra, an IT software company that builds e-commerce applications and vendor portals for business, was acquired by GrubMarket, an e-commerce grocery platform. The acquisition will help advance GrubMarket’s supply chain software to deal with the pandemic’s straining impact on acquiring goods throughout the country. [Built In Chicago]
FarEye established its North America HQ. India-based FarEye, a last-mile logistics company, is opening a new office in Chicago on Wacker Drive. The downtown office will serve as FarEye’s North American headquarters. Co-founders Kushal Nahata and Gaurav Srivastava will also be relocating to Chicago with plans to scale the company’s delivery optimization services. [Chicago Inno]
CHICAGO TECH QUOTE OF THE WEEK
ARES PRISM relocated. The SaaS company that creates project control tools to help users schedule their work, handle contracts, estimate costs and more, announced it’s relocating its HQ. Formerly based in Burlingame, California, the company will move to Chicago, not too far from CEO Ryan Kubacki’s hometown of Naperville. ARES PRISM plans to hire 20 new people across various departments. [Built In Chicago]
Adyen announced a local tech hub. Fintech startup Adyen announced it will build technology hubs in Chicago and Madrid. The startup’s decision to build a Chicago hub was strategic and done so with future hiring plans in mind. Adyen aims of hiring local software engineers, data scientists, infrastructure engineers and more. [Built In Chicago]
LandscapeHub raised $9M. Chicago-based LansdscapeHub, a wholesale tech marketplace for sourcing plants and landscaping materials, raised $9 million in a Series A round. The round was co-led by a Klaff Realty affiliate and Hyde Park Venture Partners. The funding will go toward expanding the startup’s U.S. reach and improving its platform. [Buisness Wire]
