Uber, Lyft barnstorm Indianapolis taxi market
The ride-share upstarts are stirring praise and pushback, just as they have elsewhere across the country.
Technology
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Software firm Salesvue secures $3M in venture capital
The Indianapolis-based firm expect to boost its employment by 50 percent by the end of the year as it expands its sales and marketing nationally.
Interactive Intelligence to buy Carolina software developer
OrgSpan Inc., majority owned by Interactive CEO Don Brown, creates and sells cloud-based enterprise social communications software.
Local businesses struggle to make sense of Heartbleed flaw
Companies around Indianapolis—especially small ones without their own IT teams—are still trying to determine how or even if they were affected by the confounding Internet security gap.
TinderBox woos executive away from Groupon
It’s a return to the city for David Kerr, who in the early 2000s ran Indianapolis software firm NoInk Communications alongside TinderBox cofounder and CEO Dustin Sapp.
Tech startup Gusto lands $1.3M in venture capital
Elevate Ventures, which manages the federally backed Indiana Angel Network Fund, led the financing round.
IU research-to-market center plans move to Wishard
The Indiana University Research and Technology Corp. wants to sell its existing Innovation Center building in downtown Indianapolis and move into the former Wishard Memorial Hospital on the edge of the IUPUI campus.
Option grant lifts compensation for Angie’s List’s Oesterle
Stock options accounted for the biggest chunk of the CEO’s compensation. Their value will depend on the company’s future stock performance.
San Francisco route off to flying start
Indianapolis business travelers pay a premium to shave a few hours and a lot of hassle off their trips to Silicon Valley, and they appear eager to do so. A new nonstop route between Indianapolis International Airport and San Francisco was about three-quarters sold in January and February, the two slowest months for air travel.
Heartbleed bug causes major security headache
A confounding computer bug called "Heartbleed" is causing big security headaches across the Internet as websites scramble to fix the problem and Web surfers wonder whether they should change their passwords
Indiana universities, manufacturers helping launch Digital Lab
Indiana manufacturers, universities and various state groups are abuzz about their involvement with the freshly minted, Chicago-based Digital Lab for Manufacturing—even if they’re not yet sure what their exact role will be.
Electronics manufacturing short circuited in Indiana
The sector is migrating to states that beckon with better prospects.
Indy-based Web firm for coaches makes Atlanta acquisition
Startup dot-com BookIt Commerce Inc. is in the midst of expanding its site for vetting and marketing coaches into new markets.
Scale Computing in midst of $7.5M private offering
One of the hottest tech firms in Indianapolis is more than halfway to its goal in its latest round of fundraising.
Ex-employee files harassment lawsuit against ChaCha
The suit alleges that the wife of company founder Scott Jones believed he was having an affair with the employee, and the firm didn’t do enough to prevent the wife from confronting and threatening her at work.
Patent ‘troll’ label gets Congress to ponder what’s in a name
“Troll” is a term without clear definition and yet it’s being used to push Congress and the Supreme Court to curb abusive litigation. Companies including Eli Lilly warn against damaging a centuries-old system designed to promote advances in science and industry.
BidPal claims domain names in cybersquatting settlement
The Indianapolis tech firm had sued in federal court to seize control of the Web addresses that incorporated the company’s name.
Cost-of-living chasm buoying tech firms
A growing number of tech workers are seeking refuge in Indianapolis from skyrocketing living expenses in other cities, including technology hubs on the coasts.
Company conducts ‘global warfare’ against invisible cyber threats
Corporate executives, shaken by fears of hackers, are enlisting Rook Security and an explosion of companies like it to monitor and chase cyber criminals across borders and recover stolen intellectual property.
Software firm TinderBox lands $3M VC investment
Indianapolis software developer TinderBox Inc. plans to fuel product development and build up its sales and marketing teams after receiving $3 million in venture capital.