New venture firm Charmides off to blazing start
Charmides, one of the area’s newest venture capital funds—was launched in June 2015 by a 27-year-old basketball player from Carmel and his father.
Tech Companies
Articles
Angie’s List swings to a profit, misses on revenue
The home-services review company earned $4.8 million in the second quarter, marking the fifth time in the last seven quarters it has turned a profit. But revenue continued to slip as the company overhauled its business model.
Carmel software firm lands $1.5M in VC from big names
Founded in early 2015, Bolstra pivoted to selling software this spring and then secured equity capital from Bill Godfrey’s 4G Ventures, among others
High Alpha upstart aims to streamline legal legwork
The new legal software firm is called Doxly Inc., and it’s led by a 36-year-old DePauw grad. With a few paying customers already in hand, it’s the third company to germinate at High Alpha.
Mobi Wireless considers 500-employee expansion at Zionsville HQ
Mobi Wireless Management LLC, which sells cloud-based software that helps companies manage mobile devices, currently has about 310 employees at 6100 W. 96th St. in Northwest Tech Park.
Aprimo getting new life under new ownership, old name
The private equity firm that in April bought the business unit formerly known as Aprimo has combined it with another company and is restoring its name. It'll be based in Chicago and employ 200 people in Indy.
Bluebridge raises $3 million in VC, launches subsidiary
The Fishers-based company has pulled more venture capital from existing and new investors, part of which will fuel the growth of a new employee-engagement company.
Software firm plans 272-job expansion under new name
Indianapolis-based software firm TinderBox Inc. has changed its name and is planning a downtown expansion that could create up to 272 jobs by the end of 2021, it announced Monday morning.
Angie’s List hopes new business model spurs surge in traffic
The goal is to boost user traffic—which has been growing slowly lately—in order to spur service-provider spending, which drives 80 percent of Angie’s List revenue.
Pair of software firms plan to add a combined 160 jobs
The legal-technology startup PactSafe plans to create 91 jobs by 2020, and the software developer WDD Software plans to create 69 jobs by 2021.
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.
Software company Emarsys speeding up hiring plans
The marketing-software firm originally planned to employ 167 employees by the end of 2020. But it’s accelerating those plans and expects to be halfway to that goal by the end of this year.
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.
Carmel consulting firm hiring 25 amid HQ move
EnVista LLC, a supply-chain consulting and IT services firm, is relocating its main office to accommodate expected growth.
Tech veteran Dorsey takes a seat on Lesson.ly’s board
The former ExactTarget CEO has been an investor and adviser in the software firm since late 2014, but recently decided he wanted to increase his role in the fast-growing firm.
Tech firm that’s moving HQ to Carmel misses quarterly expectations
Determine Inc., which plans to move its headquarters from Silicon Valley to Carmel, released quarterly financial results Thursday afternoon that fell short of analyst expectations.
Scifres joins local software company as president
Don Scifres, a Midwest venture capitalist and former private-sector executive, has joined Indianapolis-based software company SmartFile.
Ontario Systems acquires Washington-based software firm
One of Indiana’s oldest software firms has acquired a Vancouver, Washington, company that specializes in making software for state and municipal governments.
Tech firm moving HQ from Silicon Valley to Carmel
A publicly traded Silicon Valley-based technology company is moving its headquarters to Carmel, where it plans to add 24 “high-wage” employees by the end of 2019, state and local officials announced Monday afternoon.
Interactive CEO talks virtual reality bet, shift to cloud
Interactive Intelligence CEO Don Brown said his company’s new cloud-based software has “taken off like crazy,” and the firm is bullish on virtual reality technology.