Tech startup led by Scott McCorkle lands $5.1M in angel funding
Indianapolis-based tech startup MetaCX, a High Alpha portfolio company, has attracted more than $30 million in investment since the company’s launch in 2018.
Indianapolis-based tech startup MetaCX, a High Alpha portfolio company, has attracted more than $30 million in investment since the company’s launch in 2018.
Logik.io, which was launched in February, offers software that helps sales reps and customers secure price quotes in complex sales situations.
MetaCX’s newest round of fundraising brings its total to $31.5 million, including multiple investments from several venture capital organizations.
New Emarsys CEO Joanna Milliken, who starts in her new role Oct. 1, will oversee all of the Austria-based marketing tech company’s activities from Indianapolis. About 150 of the company’s nearly 700 employees are based in central Indiana.
Terminus, which offers a business-to-business platform that helps marketers connect with potential customers, said its acquisition of Boston-based Zylotech is its fifth acquisition to date, and its largest.
Bob Stutz—who until last month led Salesforce’s Marketing Cloud unit—has left the company to become the president of engineering for customer experience at SAP.
The company employs numerous alums of ExactTarget, the Indianapolis-based marketing-tech firm acquired by Salesforce.com for $2.5 billion in 2013.
Tech leaders, including Salesforce CEO Marc Benioff, think Indianapolis would be a great location for Amazon’s second headquarters. And, like other cities in the running, it has some strengths and weaknesses.
The marketing tech company will take about 7,500 square feet in the Guaranty Building, where ExactTarget was located before Salesforce bought it in 2013, and add 50 jobs by 2019.
A handful of Indianapolis-based ExactTarget alumni have joined Cheetah Digital, which is led in part by an ExactTarget co-founder. And they’re looking for office space downtown.
They’re wondering if Angie’s List will be like ExactTarget, whose acquisition spawned job growth, or if jobs will erode over time. They’re also concerned about losing yet another mature, locally based tech firm with a major corporate presence.
The company's lease in the Gauranty Building, 20 S. Meridian St., will expire in the first quarter of next year, while a lease for the Century Building, 36 S. Pennsylvania St., runs until 2021. "Salesforce has no plans to vacate the Century office at this time," a spokesperson said.
Tech observers said they view Interactive’s sale as a net positive for the city, mostly because exit events spur some employees to invest their money and talent in new places.
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.
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.
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.
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.
The root of the problem is the lack of computer science education in our schools.
After announcing aggressive expansion plans on Friday, the tech giant faces some headwinds as it tries to recruit talent that’s sometimes in short supply in Indianapolis.
Two women filed separate suits against the tech giant, which employs about 1,400 in Indianapolis, claiming the company passed over them for promotions on multiple occasions due to their race and gender.