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Tech Center: Chicago On Deck

PYMNTS

Chicago is more than just the place the Chicago Cubs and Bulls call home. Bubbling under the surface of Chicago lies an up-and-coming tech center. Given that many large cities in the United States have increasingly become places for tech startups, it’s natural to see Chicago as one of the next tech centers.

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Ontra, A Contract Management And Automation Services Provider, Raises $200M To Expand Operations

CB Insights

Ontra , a legal technology company, has raised $200M in a Series B. The company maintains offices in San Francisco, Los Angeles, Chicago, New York, Boston, London, Hong Kong, and Singapore. The round drew participation from Blackstone and Battery Ventures, among others. HOW’S THE COMPANY PERFORMING? Want the full post?

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Building Operations Platform Company Building Engines Is Acquired For $300M By JLL

CB Insights

Jones Lang LaSalle (JLL), a commercial real estate (CRE) services firm, has acquired Building Engines , a property management software provider, for $300M. Building Engines: Boston-based Building Engines’ platform, Prism, brings together the technology and applications required for building management in one place.

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E2open Takes Amber Road’s Supply Chain Solution Private

PYMNTS

Supply chain management firm E2open is expanding its operations through the acquisition of Amber Road , the companies announced on Tuesday (July 2). E2open subsidiary Chicago Merger Sub acquired Amber Road, a cloud-based global trade management software provider by buying its outstanding stock and merging, said the press release.

Chicago 100
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Santander Adds Three Lending Executives

PYMNTS

Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. from Tuskegee University, an MBA from the University of Chicago and an M.S. in Information Technology Management from the University of Virginia, according to Santander.

Lending 160
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How The Cloud Keeps Restaurant Inventory Less Cloudy

PYMNTS

The coronavirus pandemic — and the resulting push for consumers to stay home and practice social distancing — has prompted many restaurants to halt table service and put new focus on eateries’ abilities to manage and fulfill delivery orders. Bamboo Asia Develops Inventory Management System To Coordinate Restaurant Supplies.

Software 174
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How Dynamic Supply Chain Analytics Smooths Cash Flow

PYMNTS

Supply chain management has always presented a challenge for global corporates, with digitization and automation technology aiming to reduce friction and enhance visibility. Agility is critical in today’s supply chains, considering the high volume of exceptions that managers must address in the freight management space.

Analytics 248