After years of fighting against tournament pools because of its staunch anti-gambling position, the Indianapolis-based organization is going to work with Microsoft's search engine, Bing, to pick winners in the men's basketball tournament.
Female technology workers in Indianapolis earn slightly more than their male counterparts, according to a new study, and Indy is only one of three cities nationally where that’s happening.
Founder Matt Hunckler believes emerging tech hubs across the country can benefit from the connections and information Verge offers, so he’s been charting a course for national expansion.
The new funding builds on the $18 million NICO Corp. has raised from investors since its founding in 2008. The money will help the firm conduct clinical trials, commercialize new products and expand its staff beyond North America.
Indianapolis-based Vision Tech Angels has always invested in startups born at universities, by way of invitation. Now it’s flipping the script and seeking them out.
Todd Richardson, who helped fashion ExactTarget’s culture as an executive vice president, said he hopes to reproduce that same “kind of magic” at Fishers-based Bluebridge.
The two Indianapolis-based tech companies will exchange a variety of resources and access in a deal that’s the first of its kind for either firm.
The fast-growing company, which has its technology hub in Indianapolis, plans to deploy the cash across all segments of its business.
Interactive Intelligence Group Inc. on Monday reported a loss of $3.5 million in the fourth quarter, but the financial results topped the expectations of analysts.
Former Aprimo CEO Bill Godfrey, who steered the software company to a $525 million sale in 2010, has assembled some of its other former leaders for a Carmel-based startup.
It’s immensely difficult for tech firms to quickly build and sell technology software or hardware without a sizable venture war chest. Nevertheless, at least a few central Indiana firms have managed to grow at a healthy pace without trading equity stakes for cash.
Many startups, here and elsewhere, secure venture capital funding by touting their market traction, revenue growth and other statistics, all in an effort to prove to investors that they’re good bets. However, a look behind the scenes of High Alpha and three other big venture deals last year suggests that, oftentimes, landing capital has more to do with relationships and luck than with metrics.
TCC Software Solutions bought a property on East 52nd Street in 2012 and began occupying one of the buildings in early 2014. Now the company plans to renovate another structure at the site to accommodate its growth.
Fishers-based Recovery Force LLC, which develops high-tech compression wearables for medical patients, athletes and military members, is working toward FDA approval.
Sigstr, whose software helps companies market themselves through email signatures, raised about $1.5 million from prominent investors across the country.
The Colorado-based firm, which connects homeowners to service providers, expects to open a downtown Indianapolis office in February.
The Indianapolis tech firm founded by Internet job-board veterans is focusing on the proximity of job candidates to the workplace for high-turnover positions.
Out-of-town technology companies are putting down roots here and growing fast. They’re looking to tap into relatively fresh talent pools and to capitalize on what cities like Indianapolis don’t have—a high cost of doing business and intense employee poaching.
Carmel-based DemandJump LLC landed venture capital from local investment firms run by former Aprimo CEO Bill Godfrey and by former ExactTarget executive Tim Kopp.
After seeing its offers to buy Angie’s List turned down in private and in public, New York-based IAC/InterActiveCorp has the next move in what is shaping up as a chess match between the two firms.
