Category Technology

Ranked: Top 20 Technology Investment Firms in Chicago

Chicago is quickly emerging as a tech hub, often referred to as the ‘Silicon Prairie’.  With recent large successes such as Groupon, Grubhub, Sittercity, Orbitz and Braintree, we wanted to take a look at the guys behind the guys in the Chicago tech scene… the investors. This list and select investments were created by a […]

Chicago’s Tech Scene Faces Competition From All Sides

I had been up most of the night driving through snowy, icy Illinois to keep the van warm while my mate slept in the back. We had no sleeping bags, so we were freezing. Finally, exhaustion overcame me and I pulled up into a car park. Suddenly, a terrible bumping and the sound of my […]

Pritzker Group Private Capital expands team with two new hires

CHICAGO, December 4, 2013 — Pritzker Group Private Capital today announced that it has named leaders for its healthcare team. Michael Dal Bello, former managing director with Blackstone Group, joins the firm as healthcare investment partner and former Cardinal Health executive Michael A. Lynch joins as healthcare operating partner. Dal Bello and Lynch have the […]

Groupon’s Holiday Weekend Delivers Record Sales

  CHICAGO, Dec 03, 2013 (BUSINESS WIRE) — Groupon GRPN  (http://www.groupon.com) today announced a record holiday weekend in North America on Groupon.com, celebrating its biggest four-day weekend of sales since its inception. “More and more people are doing their holiday shopping on Groupon,” said Groupon CEO Eric Lefkofsky. “With our redesigned website and mobile apps […]

Drone Deliveries Coming to Chicago?

Last night on 60 minutes, Amazon CEO Jeff Bezos announced that the company is testing a drone delivery service.  Although he did not say the word drone, the program would deliver packages up to 5 lbs within 10 miles of a distribution center in under 30 minutes of ordering.  Bezos estimated that the program would […]

Intel opening pop-up stores in New York, Chicago, LA

Intel isn’t exactly known for its broad portfolio of consumer goods. Nevertheless, according to Intel’s official Chip Shots blog, the chipmaker will open three pop-up retail stores across the United States this holiday season. The stores will open in Nolita, New York City on November 23; Lincoln Park, Chicago on November 25; and Venice, California […]

Mayor Rahm Emanuel vows to double Chicago’s tech sector over next decade

Chicago mayor and former Obama chief of staff Rahm Emanuel announced a new initiative today aimed at doubling the size of his city’s tech sector by adding 40,000 new jobs over the next ten years. The plan was announced at 1871, a co-working space that houses a number of the areas’ young startup companies. Under […]