Geofeedia nets $17 million in latest funding round
The fast-growing company, which has its technology hub in Indianapolis, plans to deploy the cash across all segments of its business.
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Interactive posts loss, but rakes in record revenue
Interactive Intelligence Group Inc. on Monday reported a loss of $3.5 million in the fourth quarter, but the financial results topped the expectations of analysts.
Godfrey gets Aprimo band back together to launch Lumavate
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.
UPDATE: Indy man gets 27 months for international spam scam
Phillip Fleitz was accused of helping send millions of illegal spam messages to U.S. and international cellphones and computers.
Not everyone in tech wants venture cash
It’s immensely difficult for tech firms to quickly build and sell technology software or hardware without a sizable venture war chest. Nevertheless, at least a few central Indiana firms have managed to grow at a healthy pace without trading equity stakes for cash.
Baggott, partners sell Indiana food startup Husk
ExactTarget co-founder Chris Baggott and two business partners have sold Greenfield-based food startup Husk LLC, nearly three years after starting it, shifting their attention to a farmers market website.
Dental claims processor plans to add more than 150 workers
Renaissance Electronic Services said it will invest $14.9 to expand five existing Indianapolis facilities and a new location in the former Gerdt Furniture store in Southport.
Denver Hutt’s family, friends aim to launch namesake fellowship
The “Hutt Fellowship” would be one of the first moves aimed at establishing an enduring legacy for the well-known entrepreneurism guru who died Saturday at 28.
Angie’s List hires ad firm that created Progressive’s Flo
Angie’s List Inc. is rejiggering its marketing strategy, a move that includes hiring a new branding agency to help get the home-services giant growing rapidly again.
Executives, networking helped make 2015 a watershed year for VC funding
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.
Fund aims to ‘elevate’ tech commercialization statewide
With a new leader at the helm, Elevate Ventures has plotted a course for 2016 that includes forging more partnerships with universities and communities to help entrepreneurs commercialize intellectual property.
Indiana University gets $5M to lead cybersecurity center
IU's Center for Trustworthy Scientific Cyberinfrastructure will help solve the computer and software security challenges facing the National Science Foundation.
U.S. industrial production declined again in December
American industry is struggling even as the overall economy appears solid. In December, utilities reduced output amid unusually warm weather and energy firms cut back in the face of falling oil prices.
Carmel-based Stratice aims to be Amazon of health care
Carmel-based Stratice Healthcare LLC wants to take the concept of electronic prescribing for drugs and extend it to most of the rest of the health care system.
Indiana courts push ahead with shift to e-filing system
The Indiana Supreme Court and the state Court of Appeals began offering e-filing in November, and the Indiana Tax Court, will follow in January. The goal is for trial courts in all 92 counties to offer e-filing by the end of 2018.
Duke Energy battles to fend off cyberattacks
The country’s largest electricity company is on alert for attacks that aim to hamper the critical flow of power and is listening to U.S. intelligence agencies about potential threats.
Software firm expanding SoBro headquarters
TCC Software Solutions bought a property on East 52nd Street in 2012 and began occupying one of the buildings in early 2014. Now the company plans to renovate another structure at the site to accommodate its growth.
Startup for therapeutic gear raises $3M on way to market
Fishers-based Recovery Force LLC, which develops high-tech compression wearables for medical patients, athletes and military members, is working toward FDA approval.
Email-signature startup lands VC from Godfrey, LinkedIn exec
Sigstr, whose software helps companies market themselves through email signatures, raised about $1.5 million from prominent investors across the country.
Angie’s List rival HomeAdvisor plans to hire 50 in Indy
The Colorado-based firm, which connects homeowners to service providers, expects to open a downtown Indianapolis office in February.