Auto auction giant KAR Global’s bet on a phone app that facilitates dealer-to-dealer car sales has cost it a fortune over the past two years—so much so that KAR now is retooling its strategy for the fast-growing division.
Cybersecurity experts warn that cybercriminals are moving in to target people not used to working from home and companies without work-at-home policies or cyber-safety nets.
The venture capital round was led by Indianapolis-based High Alpha Capital with participation from existing investors and Elevate Ventures.
The long-planned $500 million project is at a pivotal moment—one its organizers say could serve as a catalyst for tremendous growth at the 50-acre campus and for central Indiana overall.
CourseNetworking, an Indianapolis-based maker of distance learning and collaborations software, and the IUPUI CyberLab are offering a free solution for schools through their Learning Management System.
Jack Welch had a a major impact on business in Indiana during his tenure, directing GE to sell most of the assets of RCA Corp. to French multinational corporation Thomson SA in 1987. RCA employed thousands of people in Indianapolis and in Bloomington, making televisions, radios and records.
250ok Inc., which employs about 55 people, will be the fifth major acquisition in the last two years for Boston-based Validity Inc.
Lisa Maloney, assistant vice president and the Indianapolis branch manager for Robert Half, is on the front line of helping local companies find tech talent. She recently discussed with IBJ the challenges local tech firms face in finding the talent they need to grow the sector and what IT professionals are demanding for their services.
House Bill 1070, authored by Rep. Holli Sullivan, R-Evansville, would prohibit individuals from using a mobile device while driving unless using hands-free or voice-operated technology.
Bitar is a finalist for the GoFly Prize, a $2 million competition in Mountain View, California, sponsored by Boeing for creating an aircraft that can carry a 200-pound person 20 miles without refueling or recharging.
“We’ve gone from being an ankle biter to an 800-pound gorilla,” said Josh Garrett, Mobi’s co-founder and former president who now serves as Tangoe’s chief strategy officer.
Renaissance Electronic Services, an Indianapolis-based tech company that announced major growth plans in 2016, has been acquired by Atlanta-based Vyne, the companies announced Thursday.
The merging companies, Word Systems Inc. and iRecord LLC, will operate as Word Systems LLC and retain all management and employees, officials said.
The tech giant is warning investors that it won’t meet its second-quarter financial guidance because of the viral outbreak.
Roger Veach’s fast-paced career hasn’t kept him from enjoying the rocket ride of his son, Zach Veach, a race car driver for the Andretti Autosport racing team.
The software-as-a-service company, which was founded in the second quarter of last year, recently secured a local tech veteran as its CEO and hit its primary goal on its seed round of funding.
The FTC, the Justice Department and a House committee have been investigating the conduct of Facebook, Google, Amazon and Apple, and whether they aggressively bought smaller potential rivals to suppress competition and hurt consumers.
John McDonald said he’s taking a position with Boomerang Ventures to become more involved in the state’s startup ecosystem.
Owens told IBJ on Tuesday that he left his job as CEO of local tech firm SupplyKick in early January in part to focus on his run for governor. Now that he’s not running for governor, he said he hasn’t decided what his next move is.
The security firm’s Fishers office will be its first major move outside of its home base in Los Angeles, where most of its 70 employees are located.
