Web firm promises 107 new jobs after ’08 pledge fell short
Fusion Alliance made a similar agreement to receive state and local incentives in 2008, but the jobs failed to materialize.
Fusion Alliance made a similar agreement to receive state and local incentives in 2008, but the jobs failed to materialize.
To spearhead a once-in-a-generation overhaul of local government’s antiquated back-office computer system, Mayor Greg Ballard
has chosen an unprofitable software firm that as recently as March 31 warned investors that debt-refinancing issues could
force it out of business.
Concluding a year-long evaluation and public bidding process, mayor chooses Oracle’s PeopleSoft to replace local government’s
1970s-era financial IT system and New York-based Zanett Inc. to lead the implementation.
The 12-person firm led by CEO Scott McLaughlin recently “graduated” from five years at the Indiana University Emerging Technologies Center
and finished a profitable year.
The Indianapolis-based e-mail marketing firm posted revenue of $29 million in the first three months of the year, a 37-percent
increase from the same period last year.
Software maker took abrupt turn into advertising for its customers when recession threatened.
Software maker took abrupt turn into advertising for its customers when recession threatened.
A former executive of Indianapolis-based engineering firm The Schneider Corp. has been named CEO of Imavex LLC, a Noblesville-based
Web site developer and Internet marketing consultant.
Indianapolis-based PolicyStat LLC raised $1.15 million in angel capital from 31 individuals and Halo Capital Group.
Fishers-based Exacq Technologies Inc. will invest $1.1 million to expand its Exit Five Parkway headquarters, creating as many
as 49 new jobs by 2013.
Carmel-based Blue Horseshoe has purchased TransTech Consulting Inc., a management consulting firm in Columbus, Ohio.
The name change reflects the completion of the company’s integration with Missouri-based Stark
Brothers Fulfillment, which Sigma Holdings acquired in 2007.
Local technology firm’s VideoHere system allows companies to embed videos in their marketing e-mails.
The locally based maker of nursing-education software will use the infusion to accelerate growth.
Policy management firm PolicyStat lands venture investment from HALO Capital Group, the angel investor network managed by TechPoint. HALO has invested a total of $12.5 million in firms statewide in the past 20 months.
RealMed enjoys a nearly 99-percent renewal rate among its current customers and attracted 4,000 new doctors
in 2009. Employment at the company is rising after a steady decline.
The amount raised since October is in addition to the $69.9 million it received in May from three venture
firms on the coasts, in what was the third-largest venture deal in the nation during the second quarter,
according to the National Venture Capital Association.
Indianapolis-based CTI Group Holdings Inc. lost $337,549 in the third quarter on significantly declining revenue.
Indianapolis-based business software firm Interactive Intelligence on Monday reported higher third-quarter profit on
record revenue of $33.2 million.
eImagine, an Indianapolis software developer, has seen a 218-percent increase in revenue in large part due to work in the
public sector,
including a major contract for the U.S. army.