Allos Ventures’ focus, patience pay off reliably for investors
Allos Ventures makes investing in early-stage companies look easy. National data shows it is not.
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iPhone sales are falling, and Apple’s app fees might be next
A brewing backlash against the rich commissions Apple earns from all purchases and subscriptions made via iPhone apps could undercut the app store, which generates about a third of the company's services revenue.
China says new law will bar demands for technology handover
China will bar government authorities from demanding overseas companies hand over technology secrets in exchange for market share, addressing a key complaint at the heart of the China-U.S. trade dispute.
Salesforce stock slides after disappointing revenue forecast
The scaling back of the cloud software maker’s growth expectations stoked concern that the pace of its torrid expansion has stalled as it matures into a larger company.
Tesla to close stores to reduce costs for $35,000 Model 3
Tesla plans to sell its electric cars only online as it accelerates its cost-cutting efforts. The company will close many of its 378 stores, but leave some open as galleries or "information centers" in high-traffic areas.
Little Nugget app turning into big business for new entrepreneur
Carrie Griffith thought there would be a demand for her photo editing and cataloging app, Little Nugget, which she developed during her first child’s nap time. But even she has been surprised at how quickly her new business has grown. Now she’s looking for funding to speed up growth even more.
California tech firm Jobvite invests in Fishers
In four years, the Indianapolis office of the job-candidate-recruiting software company has grown from one employee to 30.
Chicago-based marketing tech firm plans to hire more than 200 Indianapolis workers
ActiveCampaign said Indianapolis' strong marketing tech ecosystem makes the city a natural place for the company to expand.
U.S. appeals court clears AT&T’s $81B merger with Time Warner
The ruling by the U.S. Court of Appeals in Washington, D.C., came Tuesday in the high-stakes competition case, approving one of the biggest media marriages ever.
Powderkeg lands first round of growth funding
The funding round, the first for Indianapolis-based Powderkeg, was led by Elevate Ventures with participation from Stout Street Capital and tech entrepreneur and investor Scott McCorkle.
Indiana launches $100M push for broadband to rural areas
Gov. Eric Holcomb said the Next Level Broadband program will bridge the digital divide, giving more rural Hoosiers access to the internet for business or personal uses.
Venture firm invests $8.3M in local startup with fat-replacement product
Indianapolis-based Epogee LLC has developed a fat substitute to reduce the calories in sweets and other comfort foods. The new investment will allow the firm to scale up.
Q&A: McDonnell builds pathway for computer science education
Codelicious currently has 14 schools as customers, but founder Christine McDonnell is confident that will grow dramatically as the trend toward requiring computer science education expands.
Flush with funding, Scale Computing chases ‘multibillion-dollar opportunity’
A partnership with Japanese personal-computer maker Lenovo—to be rolled out Feb. 25—and $34.8 million secured in October has the software firm poised for explosive growth.
Marketing tech firm moves HQ from Arizona to Indy
Lev—formerly Levementum—has a close relationship with Salesforce, which maintains its marketing cloud unit in Indianapolis. Lev established offices here in 2016 and plans to add 70 employees this year.
Promising beer-service technology firm files for bankruptcy
SteadyServ Technologies LLC, a Fishers-based company identified as one of the most innovative startups on the planet just a few years ago, now is now struggling to survive.
Tech seed fund relaunching with new management
Three new managing partners are bringing Gravity Ventures back to life and aim to have its new fund deployed within 18 months.
Democrats question promises in proposed $26.5B T-Mobile-Sprint deal
U.S. Democratic lawmakers challenged top executives of T-Mobile and Sprint on Wednesday over their pledge not to raise prices for wireless services or hurt competition if their $26.5 billion merger goes through.
After months of hints, David Simon to roll out new business unit
The CEO of Simon Property Group says the company's "fifth platform" will leverage its huge customer base—its more than 220 properties draw more than 100 million customers who make 2 billion visits a year.
Northern Indiana wheelchair accessory maker to move HQ to Carmel
Winamac-based BraunAbility plans a $7.5 million expansion project that includes moving its headquarters to Carmel and building a new research and technology center.