Purdue gets $5.9M contract to develop Mach 8 wind tunnel
Purdue, which is already home to one of only two working Mach 6 quiet wind tunnels in the U.S., will collaborate with the University of Notre Dame to develop the Mach 8.
Technology
Articles
Startup’s solution to back pain gaining traction with auto industry
Comfort Motion Global has five patents on a software-based system that uses algorithms to make periodic micro adjustments to automobile seats.
Indianapolis-based Sensory Technologies acquired by global firm
Sensory Technologies, which has about 170 employees, had been in acquisition mode itself in recent years. Now it becomes part of a firm with 2,500 employees operating out of about 50 locations worldwide.
Global scale-up accelerator expanding presence in Indy
Endeavor, which helps companies access talent and capital but takes no equity, is hunting for six to eight companies for its second Midwest cohort, an eight-month mentoring program which begins April 23. Endeavor officials want at least of those companies to come from central Indiana.
High Alpha podcast software firm lands $2.35M in seed funding
The latest is firm for venture studio High Alpha is Casted, a software-as-a-service firm that markets a platform for branded podcasts—those produced by businesses and other organizations.
Frustrated health consumers turn to apps, websites to find lowest drug prices
In recent years, a host of online websites and smartphone apps—such as GoodRx, Blink Health and Script Saver—have popped up to help people find the lowest price for prescription medicines. By using them, consumers can save thousands of dollars a year on their prescriptions if they don’t mind shopping around and buying some of their drugs outside their insurance plans.
Like never before, marketers are using your personal data to tailor their messages
Your smartphone, tablets, speakers and smart TVs are all acting as magnifying glasses for companies that pay billions of dollars to get an up-close and personal view of you.
ActiveCampaign’s massive VC haul to trigger growth at Indy office
ActiveCampaign, a Chicago-based marketing technology company that recently opened an Indianapolis office, announced this week it landed $100 million in Series B funding that will help it grow locally.
D.C.-area tech and marketing firm plans to open Indy office, hire up to 100 this year
U.Group formed last year through the merger of a firm specializing in government IT and another focused on digital marketing.
IU professor builds IoT-based system to save factories millions on energy bills
Amrou Awaysheh, an IU Kelley School of Business assistant professor of operations management, is building an IoT-based system he says can save factories $100 million annually in verified energy savings.
Allos Ventures closes third VC fund at $52 million
The Allos III fund has already invested in eight technology companies, and Allos officials said the fund could invest in up to 30 across the Midwest.
House passes bill to prevent companies from forcing employees to be microchipped
House Bill 1143 would prohibit businesses from using the implantation of some type of tracking or identification device as a condition of employment for current or prospective workers.
New High Alpha firm creates tech to connect citizens to police
High Alpha on Tuesday announced the startup of Relay, which makes software designed to help citizens connect more easily with police departments for non-emergency calls.
Software firms use freemium model to snag paying customers
Giving away your product is not usually considered an ideal business model. But a growing number of software firms are doing just that.
Somerset launches cloud company with big ambitions
Indianapolis-based accounting firm Somerset CPAs said its new tech company, Somerset Cloud, is on a path to go national.
Indiana tech companies see major jump in venture capital
Indiana tech companies made a major haul in venture and growth funding in 2019, scoring a 260% increase over 2018, according to TechPoint, a statewide tech industry advocacy group and accelerator.
IBJ Podcast: Deciphering 5G and the new Indiana 5G Zone
Host Mason King talks with Bill Soards, president of AT&T Indiana, and Sean Hendrix, who is the director of emerging technologies and partnerships for Purdue Research Foundation, about why 5G matters and how it could be used in the manufacturing, agricultural and other sectors.
Carmel startup uses technology developed by NASA in 1960s
Ian Hamilton launched Atlas Energy Systems LLC in 2013, repurposing the space-race technology into thermionic energy converters.
Digital marketing firm Lev plans to add 80 jobs as it grows quickly
Lev added 92 employees in 2019, exceeding the goal of 70 new hires that it set when it announced the move of its headquarters to Indianapolis in February 2019.
High Alpha portfolio company launches with $1.5M in seed funding
Docket, a software-as-a-service firm, announced the completion of a $1.5 million seed round led by locally based Allos Ventures, with participation from High Alpha Capital, Elevate Ventures and Simon Equity Partners.