Ontario firm to acquire CTI Group for $22.5 million
A Canadian software firm has signed an agreement to acquire CTI Group Holdings Inc., one of the smallest publicly traded companies based in Indianapolis.
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Indy unit key part of multi-pronged Salesforce strategy
Salesforce.com is using its Indianapolis-based Salesforce Marketing Cloud division as the springboard for a nascent business line that company officials believe has the potential to grow rapidly for years to come.
Equity firm buys software developer Ontario Systems
The software producer, one of the state’s oldest, was acquired by Washington, D.C.-based Arlington Capital Partners for an undisclosed price.
Software firm Emarsys lands $33 million in new funding
The Austrian software firm, which established its U.S. headquarters in Indianapolis in July, plans to use the money to fuel aggressive growth in North America and Central America.
New tech startup hub to open in Carmel
Presidents of two Carmel-based companies are teaming up to offer co-working space to local startups, particularly those in software and technology.
SmarterHQ gobbles up venture funds
SmarterHQ, an Indianapolis software firm, is quietly becoming one of the area’s top destinations for venture capital, fueled by surging sales for its personalized marketing software.
Startup now giving Interactive Intelligence big boost
Interactive Intelligence CEO Don Brown invested three years ago in a startup formed by an exiting employee. Last year, Interactive bought that startup–OrgSpan–and the move is starting to pay off.
Geofeedia mulling moving HQ here
Chicago-based Geofeedia opened an Indianapolis office last December, which now hosts 26 of its 45 employees. It recently committed to adding 336 more Indiana workers by 2020 in an economic development deal with the state.
Startups take cloud-based tech savvy to legal realm
At least three emerging tech firms are targeting the legal space with subscription-based software, confident they can bring efficiencies to an industry heavy with clients, data and documents.
Local software firm CTI Group names new leader
Indianapolis-based business software firm CTI Group Holdings Inc. on Wednesday announced the appointment of Manfred Hanuschek as its new CEO and president.
Local software firm hopes to grow after VC infusion
Indianapolis-based Salesvue LLC, which produces productivity software products for sales departments, is looking to raise $5 million to grow its sales and marketing team.
Funding boom shows power of tech startups, raises concerns
Venture capitalists poured a whopping $48.3 billion into U.S. startup companies last year, investing at levels that haven't been seen since the heady days before the dot-com bubble burst in 2001.
City’s top website developer merges with Ohio company
The merger of Indianapolis-based Fusion Alliance and Columbus-based Quick Solutions forms a company with 550 employees and annual revenue of $75 million.
Emmis: Dynamic pricing will reshape many industries
Indianapolis-based Emmis Communications Corp. executives believe their latest acquisition, a local flexible-pricing software firm called Digonex Technologies, can revolutionize any number of businesses, including radio.
Startup objects to IndyGo’s no-bid deal with rival
An Indianapolis software startup that hopes to win contracts from public-transit agencies across the country is protesting a no-bid deal by IndyGo.
State eases into rollout of software in tax fix
The Indiana Department of Revenue is five to seven years from replacing the 1990s software that processes the bulk of the state’s tax dollars and that auditors cited in the wake of massive accounting errors.
Software firm TinderBox lands $3M VC investment
Indianapolis software developer TinderBox Inc. plans to fuel product development and build up its sales and marketing teams after receiving $3 million in venture capital.
New ExactTarget software could connect everyday objects to Internet
The Indianapolis software developer is building technology for objects outside the typical computers, phones or tablets that marketers most often use to reach out to consumers, things like refrigerators, clothing and even toothbrushes.
Young CEO has big plans for employee-training software firm
Upstart Lesson.ly, an Indy-based developer of training software, is run by a 25-year-old and is trying to cut into a $42 billion market dominated by titans such as IBM and Oracle.
Avon firm enters competitive video game industry to promote reading
An Indianapolis firm that makes software for libraries has teamed with an elementary schoolteacher to improve kids’ reading skills by using books’ longtime nemesis—video games.