The “cloud” is a relatively recent word to describe the Internet, but it has a rather specific connotation. It
refers to the Internet’s ability to take individual objects and break them into pieces so they can be stored and retrieved
without your knowing exactly where they’ve been.
Most local venture funds are standing pat because the economy is weak and they’re no longer
in fund-raising mode. Having invested most of their funds, the firms have shifted to the nurturing, or “harvesting”
stage, to try to improve investment returns.
Software maker took abrupt turn into advertising for its customers when recession threatened.
The region’s blossoming technology sector is about to get another shot of financial fertilizer. The newly formed Allos
Ventures has raised $20 million from investors and plans to focus on early-stage tech companies.
The Indianapolis affiliate of Susan G. Komen for the Cure plans to unveil what might be the first such “text-to-donate”
option offered among local not-for-profits.
Software maker took abrupt turn into advertising for its customers when recession threatened.
A former executive of Indianapolis-based engineering firm The Schneider Corp. has been named CEO of Imavex LLC, a Noblesville-based
Web site developer and Internet marketing consultant.
Indianapolis-based tech firm BlueLock LLC is poised to continue its growth spurt, planning a $35.6 million investment at its
north-side facility that could create 118 jobs. City planners have recommended approval of a 10-year tax abatement.
Specialized bar codes will be on Carpenter materials ranging from print advertisements to yard signs.
The Indianapolis-based manufacturer’s quarterly revenue fell to $20.6 million, a 27-percent drop from the same period the
year before.
Indianapolis-based PolicyStat LLC raised $1.15 million in angel capital from 31 individuals and Halo Capital Group.
nGenX Corp. is opening an Indianapolis office to tap into increased demand for outsourced data centers.
Fishers-based Exacq Technologies Inc. will invest $1.1 million to expand its Exit Five Parkway headquarters, creating as many
as 49 new jobs by 2013.
Data-storage upstart Scale Computing on Monday announced a $9 million investment from Silicon Valley venture firm Benchmark
Capital. The infusion will help kick-start a global sales expansion focused on Japan and Europe, said Scale CEO Jeff
Ready.
Robust growth at marketing software maker Aprimo is fueling speculation it is about to make another run at going public, and
co-founder Bill Godfrey said he won’t rule out the possibility of an IPO.
ExactTarget will use San Francisco-based CoTweet, which helps companies manage multiple Twitter accounts, for social-media
product development.
Indianapolis-based Interactive Motorsports and Entertainment Corp., which went public in 2002, has filed for Chapter 11 reorganization.
Soon, you’ll be able to point your smart phone at a code in an advertisement or yard sign, and take a virtual tour of
a house.
The country’s old, tired cabling was never designed for such high-transmission speeds.
Local computer consultant will become part of Dewpoint Inc., upon completion of the acquisition, and will move to Dewpoint’s Carmel
office,
which already has about a dozen employees.
