Out-of-state firms are sweeping up Indiana’s tech startups. Is that a good thing?
Experts are mixed on whether the buyout barrage is cause for concern or validation of success.
Tech Companies
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Startup Woven removes resume from hiring process
Woven bills itself as a software company that helps high-growth engineering teams hit ambitious hiring goals. And it recently hit one of its own: closing on its first round of funding.
Fast-growing DoubleMap, maker of transit software, merges with Utah company
The Indianapolis company, formed in 2009, makes apps that allow users to track buses in real time and hail rides on demand. It is merging with Ride Systems LLC to gain more users and build market share.
Local sports analytics firm scoring big with NFL
A trio of jocks and computer geeks from Rose-Hulman Institute of Technology has produced computer software that has had a major impact on the top level of college baseball and softball. Now the small, self-funded firm is making a big play in the NFL with data analytics.
Buzz fading for virtual reality products as challenges mount
These days, VR is mostly a niche product for gaming and business training, held back by expensive, clunky headsets, a paucity of interesting software and other technological shortcomings.
Kroger, Microsoft team up to create futuristic grocery store
Kroger, America’s biggest supermarket chain, has remodeled two stores to test out the new features, which include “digital shelves” that can show ads and change prices on the fly along with a network of sensors that keep track of products and help speed shoppers through the aisles.
Indy tech firm Encamp grows by making environmental compliance easier
When Goshen native Luke Jacobs, an environmental scientist and self-taught techie, developed software to streamline his job, he got a tepid response from his employer. Displeased, he tapped his brainiac brother and equally smart Indiana University classmate to start their own firm.
Stocks dive after Apple warns of slowdown in iPhone sales
Stocks tumbled Thursday on Wall Street, with technology companies suffering their worst loss in seven years, after Apple reported that iPhone sales are slumping.
Apple drops iPhone bombshell on already-reeling stock market
Apple acknowledged that demand for iPhones is waning, confirming investor fears that the company's most profitable product has lost some of its luster.
Local tech company lets parents track their kids’ bus
Indianapolis-based Synovia Solutions’ Here Comes the Bus app has attracted 1.2 million registered users and 300,000 daily users in 3-1/2 years.
Tech veteran Qualls leaves Eleven Fifty Academy to launch Purpose.ly
The startup, which has been operating under the radar for several months, aims to connect companies and workers who share a common mission or purpose.
Carmel-based tech firm Determine delisted from Nasdaq
The software company’s shareholder equity fell below the $2.5 million required to remain on the exchange.
Report: Facebook shared private messages with partners
Facebook gave some companies more extensive access to users’ personal data than it has previously revealed, letting them read private messages or see the names of friends without consent, according to The New York Times.
IBJ Podcast: Salesforce’s Bob Stutz is Indy’s most important tech exec you don’t know
IBJ tech reporter Anthony Schoettle interviewed Stutz and found him surprisingly relaxed and candid about his education and career, his life in Indianapolis and about what the city should do to help the tech industry thrive.
TechPoint, IUPUI ‘breaking the mold’ with new extended internship program
TechPoint officials say the new Xtern Semester program will begin to change local tech companies’ hiring processes and the way local universities prepare students to enter the workforce.
High-profile software firm Mobi acquired by New Jersey firm
The buyer, Tangoe Inc., said Mobi’s offices will remain in Zionsville and will serve as headquarters for the combined company’s managed mobility services, operations.
High Alpha raises $14 million to launch latest tech company
The software-as-a-service company, launched Wednesday, will be led by well-known local tech executive Scott McCorkle.
Longtime CEO Gilbert stepping down from Carmel-based software firm
The CEO and co-founder of one of the Indianapolis area’s oldest and largest software firms announced plans Tuesday to retire early next year.
Greenwood-based One Click Ventures acquired by eyewear heavyweight
Randy Stocklin, who founded the company with his wife, Angie Stocklin, will remain with the company.
Amazon HQ2 snub sets off alarm bells among tech leaders
You don’t have to read between the lines of Amazon’s recent HQ2 decision to determine that Indianapolis’ tech talent pool, while strengthening, is still far below the major-league level.