Firms signed lease deals for nearly 1 million square feet of office space between mid-2015 and mid-2016 in Indy’s metro area, led by a mammoth deal for Salesforce.com, according to a national study.
Indiana’s public pension system over the next several months will consider participation in a $1 billion economic-development initiative proposed by outgoing Republican Gov. Mike Pence.
The Indianapolis-based venture studio and its investment arm have been looking beyond Indianapolis, making investments in out-of-town companies and forging a national reputation.
The sales software firm formerly known as TinderBox raised nearly $5 million in a funding round led by GE Ventures, the venture capital arm of General Electric.
The sale ends a 92-year run of ownership by the Peterson family, which opened the business five years before the onset of the Great Depression and built a preeminent position in the municipal bond business that continues today.
Brown talks to IBJ about what he’s planning to do after his company, Interactive Intelligence, is sold.
In the immediate wake of news Wednesday that Interactive Intelligence Group Inc. had agreed to be acquired for $1.4 billion, Indianapolis tech leaders bubbled with praise for CEO Don Brown and with enthusiasm for the possible impact on the city.
Chicago-based Hyde Park Venture Partners, which established an Indianapolis office in 2015, said it plans to invest the capital in about 75 companies over the next few years, mostly in the Midwest.
Some banks have been closing their mini-branches in stores, but PNC Financial Services is applying the trend toward automated transactions to its new location in Carmel’s Market District Supermarket.
OneAmerica Financial Partners Inc. is getting out of the mutual-fund-management business after 26 years—dissolving four funds with a total of more than half a billion dollars in assets.
The case stems in part from a March 2015 complaint alleging contractor advertising payments influenced ratings on Angie’s List’s website. If approved, most of the settlement money would go to attorneys.
The Chicago-based tech firm, which planned to hire hundreds in Indianapolis and considered moving its headquarters here, has streamlined local operations. Meanwhile, top local exec R.J. Talyor has parted ways with the company.
New federal rules designed to make it easier for small investors to use crowdfunding have hardly gotten traction in Indiana.
Commerce Bank, which has operations in at least 11 states, tapped a local banking veteran to lead the new office, which is based on the north side.
SmartFile Inc. secured the investment from Vision Tech Angels and Elevate Ventures. It plans to use a majority of the cash on sales and marketing.
The children of late Celadon Group Inc. co-founder Steve Russell and his second wife have been waging a court battle over his $31 million estate.
Agrowing number of central Indiana tech firms use a software-development process called agile, which is characterized by quick production cycles, flexibility and simultaneous feedback.
With shares riding a two-year high and quarterly earnings beating estimates, Interactive Intelligence CEO Don Brown joshed around with analysts a bit Monday about acquisition rumors.
Federal prosecutors claim Kristi Espiritu bilked more than $5 million from a local data storage company between 2008 and 2014 in her role as office manager.
Charmides, one of the area’s newest venture capital funds—was launched in June 2015 by a 27-year-old basketball player from Carmel and his father.
