Articles

Executives, networking helped make 2015 a watershed year for VC funding

Many startups, here and elsewhere, secure venture capital funding by touting their market traction, revenue growth and other statistics, all in an effort to prove to investors that they’re good bets. However, a look behind the scenes of High Alpha and three other big venture deals last year suggests that, oftentimes, landing capital has more to do with relationships and luck than with metrics.

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HALO startup funding surpasses $20 million mark

HALO reached the $20 million milestone after pumping nearly $1.5 million in the first half of 2014 into mobile app developer Bluebridge Digital, contract-research firm AIT Bioscience, threat-intelligence firm Emerging Threats and sales-automation software firm TinderBox.

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Local software startup plans expansion, 74 hires

Software startup Lesson.ly LLC is looking for new space to accomodate the expansion. It is eyeing three possible locations, all downtown, and it will likely move within the next three months, CEO Max Yoder said.

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Software firm TinderBox relocating to Monument Circle

President Dustin Sapp expects the 8,800-square-foot headquarters in the Lacy Building to boost the three-year-old firm’s profile and help recruit employees as the company pursues plans to hire nearly 100 people over the next few years.

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