Analysts remain bullish on the Indianapolis-based email marketing firm despite its sluggish stock price, due to the company’s strong revenue and aggressive investment in research and acquisitions.
Explosive sales growth and the desire to recruit young, energetic employees has led 5-year-old Axia Technology Partners to move downtown as it prepares to double its workforce this year.
A fixture in Indianapolis' startup community, Marcadia Biotech co-founder Kent Hawryluk is backing a project management software firm.
MaxTradein, which allows dealers to bid on cars, adds former ChaCha executive to pursue roll-out to 30 markets.
Tinderbox said it is boosting its work force as part of a $540,000 expansion of its cloud-based IT business.
White House summit on tech startups included only 11 states after evaluation of tech economies in all 50.
ExactTarget Inc. could get a 10-year tax break on an unspecified investment in new equipment if the City-County Council agrees to designate several parcels tied to the Indianapolis-based company as a "high technology district."
Marketing software developer ExactTarget Inc. took a bigger loss in the fourth quarter due to higher expenses, the Indianapolis-based company announced Thursday.
Allos Ventures has raised $40 million from local tech industry luminaries and others to invest in early-stage tech companies in the Midwest, a segment that has seen funding dry up. The fund, Allos II, aims to invest $3 million to $7 million each in about a dozen early-stage companies—not upstarts but those already generating solid revenue streams.
Shares of Angie's List shot up 26 percent, or $3.65 a share, in trading late Thursday morning as its latest quarterly report showed vastly improved results and indicated the firm might have turned the corner.
Company profit in the fourth quarter fell to $2.3 million, however, as it spent more to invest in sales, marketing and research and development.
Cause.it, founded by students from I.U. and Purdue, was awarded $500,000 by Innovate Indiana.
Halo Coatings, founded in 2007, spent its early years licensing its proprietary reflective technology for powder-coating applications to companies involved in highway infrastructure, such as guardrails. But it’s now shifting its focus to the big players in the apparel, medical and consumer-product fields.
J. Mark Howell will join the Indianapolis-based public company March 1. Howell previously spent 18 years as an executive with BrightPoint Inc., which was acquired in October by California-based Ingram Micro Inc.
The marketing software maker that went public in March is ahead of its offering price even as it suffers because of some competitors’ woes.
A trademark-infringement case brought against App Press LLC threatens to smother the tech startup in legal fees before it reaches its potential.
G3 Technology Partners, an Indianapolis-based business communications company with 120 employees, has been acquired by Eagan, Minn.-based ConvergeOne, the companies announced Tuesday.
Indianapolis-based RND Group Inc. said it plans to spend $1.3 million to update and equip its 13,510-square-foot headquarters. The company has 27 employees.
AppealTrack’s simplicity gains attention in growing market for firms managing property tax appeals.
The deal, approved last month by the U.S. Bankruptcy Court in Indianapolis, gives the investors, whose company is called Broadband Networks Inc., Omnicity’s 38-person operation, based in Rushville, as well as its 270 Internet towers around Indiana and Ohio.
