Indianapolis software firm OnBoard names new CEO
Indianapolis-based software company OnBoard has hired Marc Huffman, a 25-year industry veteran, to lead the company, succeeding founding CEO Paroon Chadha.
Tech Executives
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Tech exec Mike Langellier joins High Alpha venture studio
Langellier, who stepped down in May as CEO of Indianapolis-based TechPoint, has joined Indianapolis-based venture studio High Alpha as an operating partner.
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Lawsuit claims former ClearObject owners overstated revenue projections by millions
Egis Capital Partners and ABS Capital Partners claim several high-profile ClearObject executives, including CEO John McDonald, deceived them about how much revenue and profit the company was projected to make.
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Tech exec sees ‘newbie’ status as political asset
Democratic gubernatorial candidate Josh Owens, the 34-year-old CEO of tech firm SupplyKick, has never held elected office. But he doesn’t consider that a bad thing.
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Articles
Some tech companies are still grappling with remote vs. in-office work—and there’s no consensus answer
In the Indianapolis area, some firms continue to operate remotely and say they wouldn’t have it any other way. Others, though, say their companies run better when employees are in the office at least some portion of the week.
Local tech exec R.J. Talyor launches marketing startup with $2M in seed funding
Talyor is the CEO and one of the four locally based co-founders of Backstroke, which uses generative artificial intelligence to create customized marketing emails at scale
Local tech exec John McDonald takes new job in Oklahoma
Local tech executive John McDonald took a new full-time job this month at the Tulsa Innovation Labs in Oklahoma, but he said he still plans to remain connected to Next Studios, the innovation studio he co-founded in 2020.
Microsoft hires Sam Altman and OpenAI’s new CEO vows to investigate his firing
The developments Monday come after a weekend of drama and speculation about how the power dynamics would shake out at OpenAI.
Seasoned local executive Ting Gootee tapped to lead TechPoint
Gootee, who has been the chief investment officer at Indianapolis-based Elevate Ventures since 2014, is a well-known figure in Indiana’s technology, investment and entrepreneurship circles.
As demand to snag remote workers rises, Indy-based MakeMyMove fetches $2.6M
MakeMyMove, which launched about a year ago, will use the investment to scale up and hire several new employees, particularly in the areas of engineering, product development and sales.
Longtime TechPoint CEO Langellier to step down in May
Mike Langellier has been the president and CEO at Indianapolis-based TechPoint for nine years. The organization will launch a national search for his replacement.
Tech startup co-founded by Scott McCorkle secures another $7M in funding
MetaCX’s newest round of fundraising brings its total to $31.5 million, including multiple investments from several venture capital organizations.
New Emarsys CEO sees continued local growth ahead for software firm
New Emarsys CEO Joanna Milliken, who starts in her new role Oct. 1, will oversee all of the Austria-based marketing tech company’s activities from Indianapolis. About 150 of the company’s nearly 700 employees are based in central Indiana.
Tech companies pledge billions in cybersecurity investments
Google, Microsoft, Apple, Amazon and Amazon were among the companies committed to investing billions of dollars or develop programs to strengthen cybersecurity defenses and to train skilled workers, the White House announced Wednesday
Biologist, attorney, tech leader has championed inclusion throughout her career
During her six years on the board of Women & Hi Tech—the last year as its president—Angela Freeman has focused as much on up-and-coming young women and schoolgirls as on supporting the not-for-profit’s members.
Ex-Brightpoint execs plan IPO to raise $100M for new tech firm
Novus Capital Corp. formed last month and is seeking to acquire companies “that are at the forefront of high technology.”
Carmel tech firm Lumavate raises $3M in growth capital
The software-as-a-service firm has raised $10 million in growth capital since being founded in mid-2015, company officials said.
Carmel-based Rook Security acquired by English firm
Rook Security, an 11-year-old firm that specializes in cyber-threat detection and response services, had been on a torrid growth pace for most of this decade but has downsized its workforce more than 60 percent over the past three years.
2019 Innovation Issue: The data scientists behind AI
Three data science experts spoke with IBJ about the benefits—and difficulties—associated with the practical use of artificial intelligence.
Upstart software firm plans 75 jobs at new downtown HQ
A software-as-a-service firm founded last year under the wing of Indianapolis-based venture studio High Alpha announced Tuesday that it plans to spend $1.4 million to establish a downtown headquarters.
IBJ Podcast: A startup’s journey from idea to pivot to series A fundraising
120WaterAudit co-founder and CEO Megan Glover talks to host Mason King about the challenges of raising money and whether being based in Indianapolis helps or hurts those efforts. Her answer may surprise you.
IBJ Podcast: Why tech execs bought The Vogue in Broad Ripple
High Alpha’s Eric Tobias talks with podcast host Mason King about what he and two other tech execs plan to change at the 81-year-old venue (think glass barware and a larger green room)—and what they think the club is already doing well.
Broad Ripple’s Vogue nightclub acquired by trio of tech executives
Broad Ripple’s historic nightclub has its first new ownership since 1986. The new owners plan to maintain the Vogue as a live-music venue while expanding into other types of programming.