Lake City Bank focuses on high- and low-tech services
Unlike some other banks, Lake City did not enter this market though acquisition. David Findlay, CEO of the $3.8-billion-in-assets bank, said it doesn’t plan to buy banks to continue its growth.
Jared Council
Articles
Scifres joins local software company as president
Don Scifres, a Midwest venture capitalist and former private-sector executive, has joined Indianapolis-based software company SmartFile.
Interactive CEO talks virtual reality bet, shift to cloud
Interactive Intelligence CEO Don Brown said his company’s new cloud-based software has “taken off like crazy,” and the firm is bullish on virtual reality technology.
High Alpha Studio launches education-tech startup
ClearScholar Inc. is the first portfolio company High Alpha built from scratch. It plans to make student-engagement software for colleges and universities, starting with Butler University this fall.
WWII-era Navy plant modernizes, expands
The local operation of multibillion-dollar defense contractor Raytheon Co. has become the sole location for some key Raytheon programs, including modernizing outdated military vehicles.
Study finds Indy startups lag in job growth
Startups in Indianapolis often have barely grown after five years in business, according to a new study, a development that’s rekindled criticism of the local venture capital landscape.
ExactTarget alums sell software company after just 13 months
Branding Brand, a Pittsburgh-based retail software company with a few ExactTarget alums of its own, has scooped up Indy-based Waysay, founded last year by two former ET’ers.
Former Finish Line execs help sports-software firm score $1M
Indianapolis-based Upper Hand Inc. got an assist from investors including Finish Line Inc. co-founder Larry Sablosky.
HomeAdvisor CEO on Indy: ‘I didn’t think we’d do this well this fast’
On a recent visit to Indianapolis, HomeAdvisor CEO Chris Terrill spoke with IBJ about the company’s fast-growing local office, its nearby competitor Angie’s List, and the future of the home-services industry.
Salesforce buying Demandware for $2.8B in commerce push
If completed, the acquisition would be the largest ever for Salesforce, topping its $2.5 billion purchase of Indianapolis-based ExactTarget Inc. in July 2013. Salesforce has about 1,400 employees in central Indiana.
DemandJump attracts more big-name investors with $1.8M round
The marketing software company, which was named “Startup of the Year” by TechPoint, has lured equity capital from Collina Ventures partner Mark Hill and a prominent Boston-based venture capitalist.
Growing Broad Ripple software firm changes name
Fathom Voice, which sells cloud-based call-center-management software, rebranded itself as Sharpen, company officials announced Wednesday.
BMO Harris Bank cutting employees in restructuring
BMO Harris Bank, the area’s fifth-largest bank by deposits, is trimming about 4 percent of its workforce as it adapts to changing customer habits.
Bob Compton helped plant seeds of now-flourishing local tech community
Bob Compton invests in documentary films today, but in the 1980s, 1990s and 2000s, he helped fund firms like Software Artistry, Interactive Intelligence, Aprimo, ExactTarget and TinderBox.
Circle of innovation: Tech firms flock downtown
Since 2014 alone, 14 tech or tech-related companies opened offices within a quarter-mile radius of the Soldiers and Sailors Monument. And all told, 26 such companies inhabit that roughly 16-block cluster.
North-side cybersecurity firm moves HQ downtown
Pondurance LLC has secured more than 10,000 square feet near the American Legion Mall, quadrupling the size of its previous office near 96th Street and Keystone Avenue.
PitchFeast helps grassroots entrepreneurs turn business ideas into reality
The PitchFeast crowd votes on the best pitch, and the winner gets 75 percent of admission proceeds plus pro bono business services.
Regulators discipline former local financial brokerage workers
Financial industry regulators banned one brokerage firm employee for life for impersonating customers, suspended another one for making unauthorized trades and are seeking punishment for a third.
Indianapolis health analytics company lands nearly $4M in VC
Springbuk, which aims to simplify the jobs of HR benefits and wellness managers, plans to use the money on product innovation and hiring.
Speak Easy to make downtown’s Morrison Opera Place its second home
The not-for-profit co-working organization based near 52nd Street and College Avenue said it plans to open a location in the historic downtown building as soon as August.