Indiana tech IPOs becoming a rarity
Global forces are swaying tech companies to delay or forgo going public, and acquisitions seem poised to play a bigger role in the exit strategies of Hoosier tech firms.
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Donation-app firm Givelify plans 40-job expansion downtown
The company, which has 8,000 U.S. clients and boasts having the world’s most-downloaded mobile-giving app, plans to triple its space in The Majestic Building to 3,000 square feet.
Octiv Inc. cofounder Sapp steps down as CEO
Dustin Sapp, 38, is taking a sabbatical from the software company he co-founded in 2010. Chief Operating Officer David Kerr is the new CEO.
Legal software firm gets boost under new leadership
A prominent law firm started a software company in 2007, but it grew fairly slowly until an outsider came in two years ago and revamped the operation.
Salesforce pulls plug on Connections conference
The popular digital marketing conference got its start under ExactTarget in 2007. Salesforce said it would bolster its digital marketing agenda at its other events.
McCorkle joins High Alpha following post-Salesforce hiatus
Scott McCorkle, who stepped down as CEO of Salesforce Marketing Cloud in August, will be executive in residence at High Alpha, a firm that creates and nurtures enterprise-technology companies.
Reports on Indiana VC activity differ starkly
Last year, one research firm pegged Indiana’s 2015 venture capital activity at about $55 million. This year, another firm said it was about $157 million.
Zionsville entrepreneur plans Airbnb for tiny homes
The platform, called Try it Tiny, was launched by a former Wall Street investment banking analyst who noticed a demand for smallish dwellings.
Health care management firm plans to open Carmel office, hire up to 125
Green Circle Health's client services center will provide remote health care and coaching for customers across the country, focusing in part on improving the coordination of care for chronic diseases.
Local IT staffing exec indicted in alleged bribery, kickback scheme
A Carmel man who leads a local IT consulting and staffing company has been charged with conspiracy to commit wire fraud and money laundering.
Nine biz-tech predictions for 2017
Leaders of nine local tech firms see a variety of trends gaining steam in 2017, including an increased focus on cybersecurity and heightened interest in employee-engagement software.
Interactive built building, reaped city tax break for unrealized job surge
Interactive Intelligence in 2014 said it would add 430 Hoosier employees—plans it leveraged to hash out city and state tax incentive agreements. But it's local employment hasn't changed much since.
Holcomb calls to use $500M fund from Toll Road lease to fund entrepreneurship
Gov.-elect Eric Holcomb, who announced his legislative agenda Thursday, has roughly the same idea as Gov. Mike Pence when it comes to investing in early-stage Indiana companies, but wants to pay for the plan through a different fund.
SmarterHQ raises $13 million, eyes new markets
Marketing software maker SmarterHQ Inc. has raised $13 million to expand operations, marking one of the area’s largest venture capital hauls in recent years.
Ed-tech startup raises $1.25M from investors, including Simon family members
This is the second capital raise for ClearScholar, which runs an app for college students that aims to be a primary digital destination for school information.
Langellier: Many tech firms would be better off here
TechPoint CEO Mike Langellier spoke with IBJ about his group’s evolution, his interest in the internet of things, and why elected officials are increasingly paying attention to tech.
Short-term leases help small firms grow
Certain companies don’t like committing to the usual five-year-or-longer leases, because they’re not comfortable predicting how much space they’ll need that far in the future.
Startup aims to bring Amazon.com experience to restaurants
Matt Tait, the CEO and co-founder of Füdē, plans to use artificial intelligence to help restaurants personalize the messages they send customers.
After Kentucky test drive, Eleven Fifty mulls bigger expansion
Eleven Fifty Academy is wrapping up a program in Kentucky that involves teaching former coal miners how to code. Its president is considering replicating the classes elsewhere.
Software firm BidPal raises $6 million in new financing
BidPal said it plans to use the funds to “significantly accelerate product development” and “expand marketing and sales efforts.”