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CityBase Acquired By GTY for $160 Million

A community service SaaS startup is helping to put the Chicago tech scene on the map. CityBase was recently acquired by Austin, Texas based GTY Technology Holdings for $160 million in cash and stock in a deal that is expected to close early next year. According to a statement made shortly after the deal was announced, CityBase plans to use the funds to add more features to the product and expand its services to customers in new cities...