Geofeedia taps ExactTarget alums to head new Indy office
The fast-growing social media analytics company has opened a downtown office and chosen two locals to lead its product and sales divisions.
Jared Council
Articles
Indy startup gets backing from ExactTarget co-founders
Carmel-based Allos Ventures led the latest venture capital round for the company, which creates Web-based corporate training software.
Indy tech employers face vexing question on compensation
Central Indiana employers with open tech positions are having a tough time getting their interns to accept job offers. A new study questions whether the pay is adequate.
How CNO returned from the brink
CNO Financial Group looks nothing like it did five years ago. CNO stock recently traded around $17.50 a share, led in part by five consecutive years of profit. It has sold or spun off the last of its risky books of business acquired during go-go years, and it’s on the cusp of a significant bond-rating milestone.
Electronic rubber duckie boasts smartphone smarts
Two Carmel-based entrepreneurs created Edwin the Duck, which they bill as the world’s first interactive rubber duck. The prototype has already piqued the interest of Amazon, Bed Bath & Beyond and other retailers, the inventors said.
First Merchants closes $49M acquisition of Community Bank
The deal gives First Merchants a stronger foothold in affluent Hamilton County, and a total of 107 locations in three states.
Content aggregator attracts $3.2 million in funding
ZergNet.com, an Indianapolis-based Internet company that can claim billionaire Dallas Mavericks owner Mark Cuban as its seed funder, has added more financial backers.
Investors find value in entrepreneurs who fail
While Midwest venture capitalists are still relatively conservative compared to those on the coasts, failure is increasingly carrying more of an edge and less of a stigma.
Carmel click-bait giant ZergNet nabs $3.2M in private equity
The Internet company that claims Dallas Mavericks owner and “Shark Tank” dealmaker Mark Cuban as its seed funder has added more financial backers.
Up-and-coming app elbows way into noisy music field
West Lafayette-based Caktus Music Inc. has developed a smartphone application that allows access to music content from multiple sources, including streaming services and personal music libraries, all integrated into one place.
Stonegate shares shellacked after third-quarter loss
Shares of Stonegate Mortgage Corp. sank 18 percent in trading Thursday after the firm reported third-quarter losses of $1.7 million and missed Wall Street estimates by a wide margin.
Forbes touts Indiana’s economic record, Pence’s resume
Publisher Steve Forbes tells IBJ why Indianapolis will host a national conference on innovation, why Gov. Mike Pence would make a good presidential candidate, and how the GOP should advance its agenda.
UPDATE: Interactive shares rise after smaller-than-expected loss
Interactive Intelligence Group Inc. lost money in the third quarter, but shares rose Monday night and Tuesday morning after results beat Wall Street estimates.
Credit union views charter switch as path to growth
Financial Center Federal Credit Union is pursuing a state charter in hopes of becoming a bigger player in Indiana’s financial services sector, a move that echoes a recent national trend of credit unions opting for state charters over federal ones.
Chamber steps up microloan ambitions
A division of the Indy Chamber is applying to become a U.S. Small Business Administration-affiliated microlender, a move aimed at boosting its available capital and expanding its territory in a wide-open frontier of finance.
CNO reports lower third-quarter profit, revenue
The Carmel-based insurance holding company had profit of $117.4 million in the period ended Sept. 30, down from $283 million in last year's third quarter. Revenue fell 11 percent, to $967 million.
There’s an app for booze delivery coming to Indy
Retailer Big Red Liquors is expected to announce a partnership Thurday with Boston-based mobile-software startup Drizly to offer alcohol delivery service to consumers in the area.
Fishers tech startup lands $1 million in seed capital
A Fishers-based tech startup in the home-services industry said Tuesday that it has raised $1.03 million in venture capital, including seed funding from a pair of well-known Indiana investment groups.
Hiring surges at Carmel financial-services firm
Allied Solutions LLC said it is looking to fill 60 jobs this year and potentially more next year as it extends a growth streak.
Cutillo ramrods entrepreneurship at Stonegate
Jim Cutillo, co-founder of the fast-growing mortgage company, pushes with military intensity.