Somerset launches cloud company with big ambitions
Indianapolis-based accounting firm Somerset CPAs said its new tech company, Somerset Cloud, is on a path to go national.
software as a service
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Philanthropy-focused software firm planning to add 110 employees
Selfless.ly Inc. announced plans Thursday to grow operations significantly over the next four years as it expands operations in downtown Indianapolis.
Software firm Parker Technology lands $2M in venture capital
Indianapolis-based software and service Parker Technology LLC said the series seed funding round was led by Elevate Ventures and several local investors.
Local software startup lands $10M in seed funding, moves HQ to California
Edify Labs Inc., a contact-center software firm founded in Carmel a year ago, announced Tuesday that it has raised $10 million in seed funding in one of the largest funding rounds of its type this year.
Indy startup Zylo raises $22.5M to boost marketing, workforce
Zylo is a software-as-a-service company that helps enterprises manage other SaaS subscriptions. It was launched out of High Alpha Studio, the Indianapolis-based startup and venture firm.
Formstack on a growth tear with series of acquisitions
Fishers-based tech firm Formstack is growing so fast, it’s considering opening a second local office, possibly in downtown Indianapolis. Formstack has made four acquisitions in eight months and five in 20 months and now has 200 employees and offices in multiple states. Company officials say there are no plans to slow the growth.
Local tech company Doxly acquired by Chicago-based firm
Doxly, which helps clients collect and manage legal documents through a cloud-based platform, has been purchased by Litera Microsystems, a growing provider of document-management software.
New product, partnership set ClearObject on path to growth
ClearObject, a Fishers-based tech firm, this week rolled out its latest product and announced a new partnership with computing giant IBM that company officials said will help significantly grow their business.
Software firm Boardable secures $1M in capital from High Alpha
Founded in 2017, Boardable plans use the investment on talent, product development, marketing and sales—with the goal of doubling employment by the end of the year.
Companies fret as costs soar for software subscriptions
The software as a service—or SaaS—market is going gangbusters.
Local software firm Viral Launch lands $7.3M in venture funding
The Series A round was led by New York City-based Tenfore Holdings, with contributions from existing investors Mentor’s Fund of Redwood City, California, and McLean, Virginia-based UpOver Ventures.
Tech veteran Becker fights to save SteadyServ
A longtime tech leader has stepped in to try to turn around one of the most-ballyhooed startups in state history but one that has perennially underachieved and burned through $30 million in capital.
Tech upstart Kerauno raking in the venture capital dough
The communications-workflow software is super-charging its growth with what many believe is a record haul of venture capital, in the form of a $25 million Series A round of funding.
Tech firm Sigstr secures $4 million growth capital investment
The investment round was led by Edison Partners. Funds will be used to advance new product development and enterprise market adoption, Sigstr officials said.
Local tech firm Emplify lands $7.5 million in venture capital
It’s the first round of growth capital secured by the company, which focuses on human resources-related software-as-a-service products.
Hc1.com dives deeper into opioid data, precision care
The Indianapolis medical-software firm recently raised $10 million in venture funding and is launching two major products in one month.
House changes approach on software taxation legislation
Both chambers of the Indiana General Assembly and Gov. Eric Holcomb are back on the same page when it comes to advancing a bill this session regarding the taxation of cloud- or subscription-based software.
Holcomb seeks tax tweak for software firms
Gov. Eric Holcomb wants to boost Indiana’s tech sector with a tweak to state tax law that will benefit software firms and their customers but reduce state revenue as much as $10 million a year.
High Alpha Studio launches software-tracking startup
The newest portfolio company for the venture studio is called Zylo. It helps enterprises track all of their software subscriptions.
With new Carmel HQ, tech firm aims to move beyond rocky past
Publicly traded Determine Inc. generated fanfare when it announced it was moving its headquarters here and adding 24 jobs to the 35 already here. But many investors have been betting against it for years.