High Alpha Innovation helps launch Japan-based venture studio
The U.S. is home to robust startup activity, but that’s not the case in Japan—which is what makes that country appealing for firms like High Alpha Innovation, its managing director said.
Software
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Purdue University files patent-infringement suit against Google
The dispute concerns technology that the university says was developed and patented by a team of professors and graduate students to address “power bugs” in mobile phone apps.
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Software keeps kids on school buses safe from sickness
Indianapolis-based Synovia Solutions’ latest platform—Bus Guardian—helps with contact tracing and hygiene verification for school buses.
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New York-based Simplifeye moving HQ to Carmel, hiring 75
Dr. Ryan Hungate, a Kokomo native who founded the medical-practice software firm in 2014, said he plans to spend up to $10 million to shift a majority of the company’s operations to Carmel.
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Software firm Lessonly scores $15 million in latest venture funding round
The funding—secured before the coronavirus hit the U.S.—will be used to fuel growth across all segments of the company, said Lessonly CEO Max Yoder.
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Articles
City’s new HR software carries $152K price tag for three years
The Hogsett administration has agreed to pay $151,874 to New Jersey-based software company HR Acuity to use an anonymous online workplace harassment reporting platform called Speakfully.
Apple launches iPhone into AI era with software update
The upgrade to the iOS 18 operating system on Monday arrives more than a month after four iPhone 16 models equipped with the special computer chip needed to power the AI features went on sale.
High Alpha makes first investment out of new $125M fund
Founded in 2009, Paccurate is a parcel intelligence platform that helps businesses pack their shipments more efficiently, saving up to 15% on transportation costs and reducing their carbon footprints.
Carmel software firm waging legal battle over its core product
Carmel-based Max Minds LLC is embroiled in a multimillion-dollar legal battle over the company’s core product—an online meeting platform called Alleo.
Indianapolis software firm OnBoard names new CEO
Indianapolis-based software company OnBoard has hired Marc Huffman, a 25-year industry veteran, to lead the company, succeeding founding CEO Paroon Chadha.
Zionsville-based tech startup Adverank plans to add 37 employees
Zionsville-based software startup Adverank has reached an incentives agreement with the state based on its expansion plan.
State AGs ramp up scrutiny of alleged price-fixing in rental housing
In the past two years, more than 30 lawsuits have been filed in federal and state courts alleging that companies such as RealPage and Yardi are equipping corporate landlords with software algorithms that allow competitors to collude on rental housing prices.
New High Alpha startup, Luster, offers AI-powered sales training
Luster, which launched out of Indianapolis-based venture studio High Alpha, offers a software platform that creates custom training sessions for salespeople. The company had its public debut this week and already has landed a few paying customers.
Car dealerships disrupted by a multi-day outage after cyberattacks on software supplier
For prospective car buyers, that may mean delays at dealerships or vehicle orders written up by hand, with no immediate end in sight.
TurboTax maker Intuit barred from advertising ‘free’ tax services without disclosing who’s eligible
The Federal Trade Commission ruled that Intuit engaged in deceptive practices by running ads claiming consumers could file their taxes for free using TurboTax even though many people did not qualify for such free offerings.
Indianapolis-based Bloomerang acquires Florida-based software firm
Bloomerang, which offers software tools for not-for-profit organizations, says its acquisition of Florida-based Qgiv will help fuel growth.
Software companies finally made profit a priority in 2023
For much of the last decade, software companies just focused on growing as quickly as possible. That changed in 2023. Profit and operating margin became the industry’s watchwords.
Fishers-based tech firm Formstack hires new CEO
Chris Byers, who had been Formstack’s CEO since 2010, said he came to the realization earlier this year that it was time for him to leave the company.
Google reaches tentative settlement with all 50 states over alleged app store monopoly
The lawsuit was filed in 2021 over the tech giant’s alleged monopolistic control of app distribution for the software that runs most of the world’s cellphones.
Software developers say AI technology helps them work faster—sometimes
Local tech firms that have started to use the technology say, with the caveat that it’s difficult to make long-term predictions about ever-changing technology, that they view generative AI as a tool rather than a job killer.
ChatGPT loses users for first time, shaking faith in AI revolution
Mobile and desktop traffic to ChatGPT’s website worldwide fell 9.7 percent in June from the previous month, according to internet data firm Similarweb.
Engineered Innovation Group lands state tax incentives
The Indianapolis-based software development firm had one employee when it launched in December 2021. The company now has 26 employees—and big ambitions for continued growth.
High Alpha launches startup that helps marketing teams coordinate work
Indianapolis-based Tenon, which has been operating in stealth mode since December, offers a software platform that helps marketing teams plan and execute campaigns.
Microsoft adds AI tools to office apps Outlook, Word, Excel
Microsoft is infusing artificial intelligence tools into its suite of office software, allowing users to do things like summarize long emails, draft stories in Word and animate slides in PowerPoint.