Chris Gladwin sold his last startup Cleversafe for more than $1 billion, and it created more than 80 new millionaires after the company’s exit to IBM. Now, the serial entrepreneur is back with a new startup, and it’s looking to hire.

On Tuesday Gladwin unveiled Ocient, the name of his new software company. Ocient hasn’t made its product plans public, but on Gladwin’s LinkedIn page he has described the company as “doing great things in information technology. One day, we’ll tell the world about it.” 

Ocient, headquartered in Chicago, says it plans to “ultimately hire hundreds of local employees.”

“Our last software company created over $1B in wealth for employees and investors, minted over 80 new millionaires, generated over 300 granted patents, and revolutionized the way the world’s largest data sets are stored,” Gladwin said in a statement.  “Our new software company, Ocient, is addressing an even larger market opportunity.  If you are a bright C++ developer anywhere near Chicago and want to tackle some of the most complex software problems on the planet, you’ll want to be a part of this.”

Cleversafe’s $1.3 billion sale to IBM was one of the most significant exits in Chicago tech, as it will likely result in a wave of new local entrepreneurs and investors as a result of the deal. Following the exit, Gladwin also donated $7.6 million to Illinois Institute of Technology’s computer science department.

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