Fishers-based software firm Emplify acquired for $50 million
San Francisco-based human resources software company 15Five Inc. said the acquisition of Emplify further boosts its employee-engagement and manager-enablement software platform.
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Fast-growing local software firm Encamp raises $12M in capital
Encamp, which makes and markets software that helps customers manage environmental data and the forms required for local and federal compliance, has now raised a total of $17.2 million. The most recent funding round was led by Boston-based OpenView with participation from High Alpha Capital and Allos Ventures—both of Indianapolis—and Bloomington-based IU Ventures.
Local educational technology firm projects major growth with new partnerships
Despite the pandemic, Cloverdale-based educational software company Standard for Success saw solid—and somewhat surprising—growth last year, and the firm’s founders project strong double-digit growth this year.
California-based SaaS firm plans to hire 150 workers for new Indy office
Celigo, which makes software that helps companies automate business functions and IT services, already employs 17 Hoosiers who work remotely.
Innovatemap acquires Carmel-based web development firm, opens New York office
With six new hires, the company—founded in 2014—now has 26 employees. The staff size will increase to 28 when the company adds two Orr Fellows in June.
AI-driven software startup plans 51 new jobs as part of expansion
Catipult.AI, which is now located at 55 Monument Circle, said it will invest $2.6 million to expand its operations, including a move to a larger but yet-to-be determined space.
Commercial launch triggers $7.5M capital raise for Indy software firm MetaCX
MetaCX, a 2-year-old High Alpha portfolio company led by local tech entrepreneur Scott McCorkle, already has raised a total of $24.5 million in venture and growth capital and hired 40 staffers.
High Alpha launches company based on product that spurred its own growth
High Alpha on Thursday announced the launch of its 10th company this year. Filo—which has eight employees and makes and markets a virtual meeting space for teams, workshops, programs and events—has already signed deals with more than 20 customers.
Salesforce to buy work chat service Slack for $27.7 billion
The acquisition announced Tuesday is by far the largest in the 21-year history of Salesforce, which located its Marketing Cloud division in Indianapolis after it acquired ExactTarget in 2013.
Video-email firm has signed 70 deals with colleges
Covideo’s platform allows users to send 60- to 90-second video clips embedded in email and text messages and to track if, when and how many times the videos are viewed.
Somerset Cloud gets name change, new majority owner
The company founded as Somerset Cloud last year has a new name, majority owner and an even higher growth curve than originally projected.
High Alpha startup secures $5M seed funding for livestreaming music platform
Mandolin’s digital platform—designed to help artists, venues and fans connect through live music—has attracted some big-name investors including Marc Benioff, the founder and CEO of Salesforce.
Local education technology firm eyes national growth with higher-ed offering
Standard for Success, a Cloverdale-based educational software company, through 2019 has been growing at a strong double-digit clip and earlier this year launched a new service line company officials are confident will help the firm expand further by signing deals with colleges and universities nationwide.
Fast-growing Sharpen Technologies could add 75 employees by end of 2021
Sharpen Technologies, an Indianapolis-based developer of cloud-based customer service software, came out of the gates fast this year, and despite a pause in March has continued to experience dramatic growth right through the pandemic.
High Alpha startup Canopy scores $2 million in seed funding
Canopy, founded late last year under the name Loupe, makes and markets software that uses artificial intelligence to gather sales and product usage data.
Indianapolis software firm Encamp raises $3.1M in growth capital
The funding round was led by Allos Ventures and High Alpha Capital, both of Indianapolis, with participation from IU Ventures.
Scale co-founder launches AI-based software firm to help streamline business management
Executive coach Peter Fuller developed an artificial intelligence-driven platform that lets business leaders know how effectively they’re leading their firm and whether their company is headed in the right direction.
Carmel startup Shiftlab using AI platform to help companies with staffing, scheduling
The software-as-a-service company, which was founded in the second quarter of last year, recently secured a local tech veteran as its CEO and hit its primary goal on its seed round of funding.
High Alpha podcast software firm lands $2.35M in seed funding
The latest is firm for venture studio High Alpha is Casted, a software-as-a-service firm that markets a platform for branded podcasts—those produced by businesses and other organizations.
Software firms use freemium model to snag paying customers
Giving away your product is not usually considered an ideal business model. But a growing number of software firms are doing just that.