Walker Sands Is Growing, HDVI Raised $32.5M, and More Chicago Tech News

As summer in the Midwest continues to heat up, check out how the Chicago tech scene is following suit with last week’s latest. This is the Built In Chicago weekly refresh.

Written by Ashley Bowden
Published on Aug. 23, 2021
Walker Sands Is Growing, HDVI Raised $32.5M, and More Chicago Tech News
w sands
photo: Walker Sands / Facebook

As summer in the Midwest continues to heat up, check out how the Chicago tech scene is following suit with last week’s latest. This is the Built In Chicago weekly refresh.

HDVI pulled in $32.5MAs it works to help trucking companies save money on insurance costs, this company’s platform provides specific, real-time safety insights while collecting info from telemetric devices and sensors. HDVI announced its Series B funding round led by Weatherford Capital to invest in product development. It’s also looking to fuel expansion into more states across the country. [Built In Chicago]

Walker Sands acquired March CommunicationsHelping accelerate the growth of companies in the B2B tech space, Walker Sands acquired March Communications, a Boston-based PR agency. As a combined company, they make the fifth-largest technology-focused firm in the country, and their goal is to bring new marketing and communications capabilities to clients. [PR Web]

Chicago Tech Quote of the Week

“Chicago is an amazing city and offers everything we wanted for our Midwest regional hub. It’s business-friendly, has a booming tech and innovation ecosystem and offers access to a dynamic pool of talent. Our new space is more than just an office, it’s a showcase for our technology and will highlight how we are powering hybrid work for our teams, our customers and partners and for businesses in and around Chicago.” —Gerri Elliott, Cisco EVP and chief customer and partner officer

Cisco relocated its Midwest HQThe San Jose-based tech giant has a global employee count of 71,000. Now, after investing $21 million in its new Chicago office location, Cisco is moving into the Old Main Post Office building at 433 W. Van Buren St. The new space is large enough to accommodate 1,200 employees as Cisco plans to build out its Chicago footprint with dozens of available roles listed now. [Built In Chicago]

These Chicago tech companies made the Inc. 5000Considered some of the fastest-growing startups in the country, 213 Chicago-area companies across all industries ranked on Inc.’s latest list. The honorees are ranked by their overall revenue growth from 2017–2020. Claiming the top spots for Chicago tech were tech product marketplace The Best Industries, hair care company CurlMix and shipping platform MoLo Solutions. [Built In Chicago]

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