In a major boost to Chicago’s already-thriving tech ecosystem, global cybersecurity titan Fortinet inaugurated its cutting-edge innovation hub in the city’s West Loop on Tuesday, Sept. 10.
The ribbon-cutting event at the company’s Randolph Street building marked a $30 million investment for Fortinet that underscores the city’s growing reputation as a magnet for high-tech enterprises.
A large group of business and civic leaders welcomed Fortinet, including: Vice Mayor Walter Burnett, Chamber President and CEO Jack Lavin, and Lieutenant Governor Juliana Stratton. Their presence and words of encouragement not only celebrated this significant addition, but also signaled the city’s commitment to fostering innovation and attracting world-class technology firms.
Fortinet CEO Ken Xie began the event by noting long-term commitments to local regions are a critical part of Fortinet’s efforts.
“Our long-term investment, whether in the infrastructure, the technology, or the local commitment to customer, help us make the best partnership with the local community — and the loyalty to the partner customer is critical to us,” he said.
Burnett followed by offering the city’s gratitude and assistance, pointing out the potential boost Fortinet could provide for the entire Chicago business community.
“We want to just say thank you very much for coming to the city of Chicago. The city is here to help you — we want to help you grow, we want to help you to expand,” Burnett said. “And we want to help you to connect with those markets outside of the city of Chicago and bring some of that business back here.”
Lavin followed and said Fortinet’s move proves the company is making a true commitment to Chicago. “With its purchase of a 90,000 square foot building for a new innovation hub and data center here in the booming West Loop, Fortinet is making a bold statement,” Lavin said, “And that statement says, ‘We believe in Chicago and we’re here for the long haul.’”
Lavin also noted that Fortinet has already proven to be a good corporate presence by making generous donations to the Chicago chapters of Women in Cybersecurity, an organization that promotes women in tech, and Blue Star Families, which provides resources for military families.
Lieutenant Governor Stratton then offered a bigger-picture perspective, saying “Illinois attracts innovative lines because we offer a rock-solid foundation that can support cutting-edge dreams.”
Stratton also pointed out that the Pritzker administration launched an initiative called We Thrive that is focused on women’s economic empowerment, and added, “This space right here will help close the skills gap for women in cybersecurity. And that is truly something to celebrate.”
The group then headed outside for a ceremonial ribbon cutting, where it became clear that Chicago wasn’t just welcoming a new business, it was embracing a partner in shaping a secure and prosperous digital future.
