Grubhub to suspend fees. In the face of coronavirus, it plans to suspend commission fees to help restaurants meet payroll and rent. It’s also directing proceeds from its Donate the Change Program to a disaster relief fund. [Chicago Tribune]
Cameo gets love from Forbes. Cameo snagged number 19 on Forbes’ new list of America’s best startup employers and was the top Chicago employer featured in the annual ranking. They evaluated 2,500 American businesses with at least 50 employees. [Chicago Business Journal]
SpotOn raised $50M. The fintech company creates hardware and software for payment processing and point-of-sale transactions. It plans to use the Series B to hire aggressively and invest in product development. [Built In Chicago]
Pete Wilkins announced departure. The managing director at VC firm Hyde Park Angels plans to step down after six years in the role. He’ll remain until someone is selected to replace him. [Chicago Business Journal]
Illinois Tech to launch College of Computing. It’ll include the data science, artificial intelligence, cybersecurity, information technology and applied mathematics departments and is scheduled to launch June 1. They plan to help fuel the Chicago tech industry. [Built In Chicago]
