Another ExactTarget alum joins year-old High Alpha
M.T. Ray will be responsible for attracting talent to the High Alpha team and helping portfolio companies land leaders and employees.
M.T. Ray will be responsible for attracting talent to the High Alpha team and helping portfolio companies land leaders and employees.
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.
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.
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.
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.
Sigstr, whose software helps companies market themselves through email signatures, raised about $1.5 million from prominent investors across the country.
Older technology entrepreneurs and executives who have experienced successful corporate exits often limit their startup involvement to mentoring, investing and board membership. But a raft of veteran technology leaders are getting involved again in a hands-on way.
Shares sank 15 percent on Wednesday morning despite an $82,000 profit in the third quarter. New CEO Scott Durchslag told analysts he wanted to increase shareholder value organically rather than pursue a sale or merger.
Jeffrey S. Ton, who led information technology at Goodwill Industries of Central Indiana Inc. since 2010, has joined Bluelock as vice president of product and service development.
Albert Chen, who built Carmel-based Telamon Corp. into one of the largest private companies in Indiana, plans step down as CEO and chairman of the board on Oct. 1.
Analysts say the hiring of Scott Durchslag suggests Angie’s List is intent on a turnaround and not a sale. The new CEO shared his vision Tuesday.
Scott Durchslag has more than 20 years of experience leading e-commerce and mobile technology initiatives, Angie’s List said, including stints at Expedia and Skype.
The banking software-maker has been purchased in a deal that was five months in the making.
The ExactTarget co-founder is wrapping up a $2 million seed-funding round and adjusting his new startup’s business model in anticipation of a December launch.
Firms also clamoring for product specialists—the rare people who have both the communication skills to discover what customers want and enough technical know-how to bring it to life.
Danielle McDowell, 31, is best known locally for co-founding and selling hair products website Loxa Beauty to an industry giant in 2013.
Sigstr sells software that manages corporate email signatures and the marketing campaigns beneath them. The firm hopes to capitalize on some of the billions of annual corporate email impressions.
Interactive Intelligence CEO Don Brown invested three years ago in a startup formed by an exiting employee. Last year, Interactive bought that startup–OrgSpan–and the move is starting to pay off.
Angie's List Inc. on Wednesday reported a loss of $8.3 million for the second quarter, ending its streak of two profitable quarters and sending its shares down about 21 percent in late-morning trading.
All have led some of the most promising companies and organizations in the city’s burgeoning tech space for at least three years—bootstrapping and collectively raising more than $12 million in venture capital and employing about 150 people along the way.