T2 Systems might tap cash hoard for acquisitions
Fast-growing T2 Systems has been biding its time since scoring a $28 million equity infusion a year ago, but the maker of parking management software could soon be towing competitors out of its space.
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Locally based Synovia merging to create new company
Synovia and Everyday Solutions Inc. in Massachusetts are combining to form Synovia Solutions, which will be based in Indianapolis. Both companies provide GPS-driven products to help manage school transportation services.
Startup aims to take business cards into digital age
Indianapolis entrepreneur Nick Carter thinks he’s found a way to eliminate the “black hole” of marketing data: smart business cards that track how recipients use them.
Chinese PC giant to buy Carmel software firm Stoneware
Lenovo Group said the purchase of the 67-employee company would "enhance and expand" its cloud computing business.
Tippecanoe Co. to put crime info at public’s fingertips
Crime activity and information on people taken to jail or being released will soon be available to the public through a new app being developed for the Tippecanoe County sheriff’s office.
Compendium moving its business beyond blogging software
Compendium Software says there’s money to be made in creating a place where marketing content can be centralized and repurposed and sent out via e-mail newsletters, social media channels and—of course—blogs.
Taxing career path ultimately appeals to entrepreneur
Accounting, church jobs lead to software firm that helps tax accountants manage property tax disputes.
Digital textbook firm Courseload raises millions
The Indianapolis-based digital textbook company Courseload completed a new round of fundraising in April that its CEO says gives the company the cash it needs to keep landing new university customers in what has become a fast-growing but hyper-competitive field.
IT upgrade for state dogged by delays
The state missed a Dec. 15 deadline to complete a complicated technology overhaul of its unemployment insurance system—the latest in a series of delays that have added years to the project and led to more than $18 million in cost overruns.
Site aims to be city’s go-to events calendar
Two local concert promotors have launched a calendar website, called Do317.com, that ranks arts and entertainment events according to the preferences of its users and designated “tastemakers.”.
Local software upstart sold after less than year in business
Indianapolis-based MyJibe LLC, an up-and-coming budgeting and personal finance software firm that was launched by two 20-something entrepreneurs last January, has already been acquired.
Startup aims to mend doctors’ social media woes
RepuChek software tracks, analyzes what’s being said about doctors on the Internet.
Bostech’s software aims to rein in lab-test costs
The company saw sales surge after introducing software in May that helps medical labs manage their disparate computer systems from a Web portal.
T2 Systems receives $28 million infusion
The Indianapolis-based company that makes software to manage fee collections and enforcement for parking violations said it will use the funds to expand.
Startup aims to make online car shopping easier
The horrible experience John Kohlmeyer’s mother had trying to shop for a car online inspired him to create DriveVelocity, a company that not only overhauls dealer websites but also packages all their Web-based customer-relationship tools.
Rise of machines bodes well for tech firm Mesh Systems
The founder of Mesh Systems, a company that develops wireless “machine-to-machine” communications software and hardware, says his products have countless applications. Earlier this month, Mesh closed on a $2.5 million private placement from investors in Indiana and Wisconsin.
Software services firm plans 500 jobs in Evansville
SS&C Technologies said it will create the jobs by investing about $3.9 million to open a service and technology center in the southwestern Indiana city. The company will begin hiring immediately and expects to begin operating in the second quarter of 2011.
Practical IT firm Formstack a quiet success
Formstack, the Indianapolis-based drag-and-drop form builder software firm, isn’t flashy like its California social-media-site sister Formspring, but it’s intensely practical for organizations needing contact forms, order forms and other online business tools.
Interactive Intelligence reports higher profit, revenue
A rise in large orders enabled the business-communications software firm to more than double profit to more than $10.4 million in the fourth quarter. Revenue leaped 41 percent, to $50.7 million.
Molecules are moneymakers for software firm Indigo BioSystems
Eli Lilly and Co. spin-off has landed new private investment and may double its work force this year.