Fast-growing Fishers quality-control firm bought by Japanese companies
Founded in 2009, Stratosphere Quality pushed revenues to about $122 million last year. It employs about 2,300 workers in 22 states, including about 400 in Indiana.
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Indiana likely to go to court over online sales tax collections
Indiana lawmakers passed a law this spring claiming the state has a right to collect sales taxes from companies using only online transactions.
Non-tech firms hike innovation strategies
A growing number of Indiana corporations are formalizing in-house innovation, an effort aimed at remaining technologically relevant in a fast-changing business landscape.
16 Tech innovation district gears up for work under new CEO
The 16 Tech innovation district, an ambitious economic development project in the works in Indianapolis for more than a decade, has hired a top executive whose goal is to turn the downtrodden area into a thriving center for entrepreneurship and innovation.
IU preps new VC fund amid agency revamp
The school plans to unveil a new venture capital fund this summer under the purview of the Indiana University Research and Technology Corp., which was overhauled to better address startup needs.
Legal fight over Indiana’s anti-political robocall law ends
A Chicago-based veterans advocacy group’s seven-year struggle to strike down Indiana’s ban on political robocalls has ended with the U.S. Supreme Court declining to review a lower-court ruling upholding the law.
iPhone maker considering Indiana, other Midwest states for $10B in investments
Foxconn Chairman Terry Gou says its U.S. investments could be in seven states, naming Indiana, Ohio, Pennsylvania, Michigan, Illinois, Wisconsin and Texas.
Ed-tech startup scales up team, picks Indy as home base
Mimir, which was previously based in West Lafayette, recently moved its headquarters to downtown Indianapolis. It has 14 employees, up from three last year.
Music-marketing startup closes $3 million seed round
In its first round of institutional fundraising, Fishers-based Fuzic secured backing from High Alpha, Allos Ventures and Hyde Park Venture Partners.
Torchlite closes $2M fundraising round, bolsters board
Former Salesforce executive Scott McCorkle has been named Torchlite’s executive chairman. The $2 million round brings the marketing firm’s total financing take to $4 million since its launch in 2015.
Cummins to launch its first all-electric products in 2019
The Columbus-based company, known for its diesel engines, says it’s positioning itself for the future in alternative vehicle technologies.
ExactTarget alums band together at new tech spinoff
A handful of Indianapolis-based ExactTarget alumni have joined Cheetah Digital, which is led in part by an ExactTarget co-founder. And they’re looking for office space downtown.
Apparatus alum rolls out text-based recruiting startup
Former Apparatus President Aman Brar has launched Canvas Talent Inc., with a software tool that allows recruiters to manage their text conversations with prospective employees.
Unprecedented push underway to advance women in tech
Efforts to increase and support the ranks of women in technology jobs are emerging in Indianapolis and helping put a spotlight on gender imbalance in the industry.
HR exec talks workplace strategy following national accolades
Bloomington-based Hanapin Marketing, a 60-person digital ad agency, was recently honored on national best-workplaces lists for perks including quarterly three-day weekends and routine “stay interviews.”
Knowledge Services plans $17M Fishers HQ, 400 additional jobs
The company, now headquartered in Castleton, plans to build an 80,000-square-foot office building on USA Parkway, to the north of 106th Street, along the busy Interstate 69 corridor, it announced Tuesday afternoon.
High Alpha, tech vet team up on ‘marketing experiments’ startup
ExactTarget alumnus R.J. Talyor, who left Geofeedia nearly a year ago, and Indianapolis venture studio High Alpha have rolled out Quantifi.
Social media analytics firm Fizziology to hire up to 55
The Indianapolis-based company, whose clients include giants of the entertainment industry, will expand its Indianapolis headquarters as it branches into the fields of sports, travel and fashion.
Indy entrepreneurs to launch Airbnb for event venues
The online marketplace, slated to launch in August, aims to connect venue owners and seekers. It’s led by two minority entrepreneurs.
Angie’s List axes 70 Indy positions in latest round of layoffs
The job cuts, which happened Thursday, are part of the company’s focus on “continued operational effectiveness,” a spokeswoman said.