Broadband provider Omnicity files for bankruptcy
The company, which had big plans to snap up rural broadband systems through the Midwest, has been in a financial slide for months.
The company, which had big plans to snap up rural broadband systems through the Midwest, has been in a financial slide for months.
The Indianapolis-based company that makes software to manage fee collections and enforcement for parking violations said it will use the funds to expand.
Battery maker Ener1 Inc., which has almost 400 employees in the Indianapolis area, has replaced its chief executive and appointed Ivy Tech President Thomas J. Snyder as non-executive chairman of the board.
The 200,000-square-foot center is Brightpoint’s third “reverse logistics” and repair facility. The others are in Puerto Rico and Fort Worth, Texas.
The investment from Allos Ventures in Carmel and MK Capital in Northbrook, Ill., will help the company expand into more cities. BidPal uses wireless handheld devices to automate charitable auction bidding.
The Indianapolis-based software firm said it has added 190 jobs in Indiana since the beginning of 2010—a 46-percent growth rate in its state employment.
ExactTarget plans to start a private foundation in 2012 that will support charities working on childhood hunger, education and entrepreneurship.
ExactTarget Inc., which canceled plans for an initial public offering during the 2009 financial crisis, has hired JPMorgan Chase & Co. and Deutsche Bank AG to handle a new attempt, said sources familiar with the matter.
LHP Software says the new $5 million headquarters will accommodate growth in its business of developing software for use in phones, hospital beds, medical devices and other electronics.
Jay Love, who co-founded and sold software maker eTapestry for $24.8 million in 2007, will return to Indianapolis to lead the growing search engine optimization firm.
A two-man Indianapolis firm is making a splash in the graphic design industry with a Web-based tool that allows designers unfamiliar with Apple Inc. software code to build applications for iPads and iPhones.
A former executive vice president at Indianapolis-based e-mail marketing firm Exact Target will lead the firm’s effort to sell to bigger companies.
The Indianapolis business-communications software firm reported second-quarter revenue of $52 million, up 34 percent from the same period last year. Profit grew 26 percent, to $6.3 million.
Carmel-based IT consultant Allegient LLC plans to grow its central Indiana operations, adding as many as 42 jobs over the next five years.
Clarian Health’s recent rebranding to Indiana University Health has been good business for at least three companies in Indianapolis’ so-called measured-marketing sector. Such firms help a company overhaul its website and make changes to the “tweetosphere” and other social media channels.
The publication Online Media Marketing & Advertising noted that Indianapolis is home to about 70 companies in the sector.
CallTime has been Interactive Intelligence’s largest revenue-producing reseller in Australia and New Zealand for the past three years. It has 30 employees and about 50 customers.
The Tyros offers an online training system and other web-based tools for hiring and rating sports officials.
The city of Indianapolis plans to announce a major initiative to turn a stretch of 16th Street northwest of downtown into a hub for biotechnology and other high-tech companies.
Consumer ratings service Angie’s List is scoping locations for hundreds of new employees the fast-growing firm plans to hire. And unlike past expansions, it’s looking beyond its East Washington Street headquarters—and Indianapolis.