Articles

Indiana tech startups deemed seeds of promise

There’s the company founded by a college kid, in his dorm room. Another firm was launched by a guru from the shadowy world of cyber security. And the other was founded by tech veterans old enough to remember IBM punch cards. Three Indiana tech companies have surfaced among standouts in the notes of judges for TechPoint’s annual Mira Awards—the Hoosier tech version of the Oscars.

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Allos Ventures raises $40 million for early-stage tech firms

Allos Ventures has raised $40 million from local tech industry luminaries and others to invest in early-stage tech companies in the Midwest, a segment that has seen funding dry up. The fund, Allos II, aims to invest $3 million to $7 million each in about a dozen early-stage companies—not upstarts but those already generating solid revenue streams.

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Purdue lands $14.5M to expand nanotechnology portal

Purdue University announced Tuesday that some of its researchers won a five-year, $14.5 million grant from the National Science Foundation to expand the school’s online gateway for instruction, research and simulations in nanotechnology.

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Emmis executive a technology pioneer

Paul Brenner, chief technology officer for Emmis Communications Corp., is largely credited with pioneering two recent technological breakthroughs that could pump badly needed revenue into the radio industry.

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ChaCha secures $14M investment to expand services

The latest round of funding will enable ChaCha to make “significant” investments in new products to expand both mobile and online services, CEO Scott Jones said. Internally, the project is dubbed “Go Big.”

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