West-side IT firm plans to add 89 jobs by 2019
Kinney Group, which currently has 41 full-time workers in Indiana, said it will invest $5.8 million to renovate 10,000 square feet of space at 2425 W. Michigan St.
Technology
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Interactive tops Wall Street forecasts despite third quarter loss
Indianapolis-based software firm Interactive Intelligence lost $9.8 million on $97.4 million in revenue in the third period, surpassing analysts’ expectations.
Champions of 16 Tech see it as magnet for development, high-tech workers
City leaders want to make the 60-acre tract of land just north of the Indiana University School of Medicine campus a mix of all of the best the city has to offer and catch the eyes of more creative and highly sought-after workers.
Northern suburbs investing in new websites
City, town and county officials are investing tens of thousands of dollars to revamp their dated municipal websites and make information easier for residents to obtain.
Local tech firm planning another expansion, 69 jobs
Locally-based technology consulting firm Allegient LLC on Friday morning announced plans to spend $1.3 million to renovate and equip unused office space in its headquarters near North Meridian Street and Interstate 465.
Tech veterans jumping back into saddle
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.
Site unites disabled workers, jobs
The Workforce Accelerator, launched earlier this year by local not-for-profit Tangram, is similar to a dating website linking compatible people, except that it matches jobs to people who have disabilities or are military veterans.
Soaring Rx costs lift firm’s prospects, job creation
Rx Help Centers assists employers and customers as they navigate through the confusing web of prescription drug discounts. Business is so good that the company hopes to add 250 workers by 2017.
Ontario firm to acquire CTI Group for $22.5 million
A Canadian software firm has signed an agreement to acquire CTI Group Holdings Inc., one of the smallest publicly traded companies based in Indianapolis.
Angie’s List ekes out profit as new CEO rebuffs activist
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.
Indiana startups snare surging venture capital
Firms landed more than $28 million in the third quarter, the highest quarterly total in three years and a sign of accelerating entrepreneurial momentum in the state.
TinderBox lands $7 million in venture funding
Among the investors locally based Allos Ventures and High Alpha, and coastal VC firm Greycroft Partners.
HC1.com raises $13.2 million in growth capital
The Indianapolis-based firm, which sells health care-management software, said it plans to use the funds to grow its sales and marketing teams, and bolster distribution channels.
Purdue to become home to Indiana cybersecurity center
The center will be the first hub of the Indiana Information Sharing and Analysis Center in Indianapolis. It is expected to monitor and defend state systems and networks from cyberattacks.
Indy unit key part of multi-pronged Salesforce strategy
Salesforce.com is using its Indianapolis-based Salesforce Marketing Cloud division as the springboard for a nascent business line that company officials believe has the potential to grow rapidly for years to come.
Salesforce expanding downtown, seeking big block of space
Salesforce.com appears to have scrapped plans to build its own downtown headquarters building and instead is seeking a huge block of space in an office tower to satisfy its aggressive growth plans.
Lawmakers may spoil fantasy sports party
State and federal lawmakers are taking a serious look at the legality of the services of fantasy football goliaths DraftKings and FanDuel—a move that could put the companies out of business in Indiana and other states.
Goodwill CIO jumps to Bluelock
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.
Lilly Endowment pegs $1.4M grant for attracting tech talent
TechPoint, an Indiana technology advocacy group, intends to use the money for internship and fellowship programs that create career connections in the state.
IT firm plans to add up to 105 jobs in Broad Ripple
TCC Software Solutions, which was founded in 1996 and has 139 full-time employees locally, said it will invest $1.9 million to expand into a new facility on East 52nd Street.