Hoosier upstarts landed more than $55M in VC in 2015
Indiana companies landed at least $55 million in venture capital in 2015, according to a new survey. The figure climbs substantially when considering investments not included in the survey.
Venture Capital
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Hyde Park raising $60 million for latest venture fund
The Chicago-based firm, which opened an office in Indianapolis last year, will likely use some of the money to continue investing in Indiana tech startups.
Marketing-tech startup draws big names for seed round
Carmel-based DemandJump LLC landed venture capital from local investment firms run by former Aprimo CEO Bill Godfrey and by former ExactTarget executive Tim Kopp.
Indiana startups snare surging venture capital
Firms landed more than $28 million in the third quarter, the highest quarterly total in three years and a sign of accelerating entrepreneurial momentum in the state.
TinderBox lands $7 million in venture funding
Among the investors locally based Allos Ventures and High Alpha, and coastal VC firm Greycroft Partners.
HC1.com raises $13.2 million in growth capital
The Indianapolis-based firm, which sells health care-management software, said it plans to use the funds to grow its sales and marketing teams, and bolster distribution channels.
Fast-growing tech companies slow to go public
Indiana hasn’t seen a company launch an initial public offering in nearly two years. When the next IPO comes, it likely won’t be a technology company.
Globe-trotting financier launching angel firm
Indianapolis native Danny Chan, a managing director at Iconic Private Equity Partners, a Hong Kong-based firm, is back home in Indiana and ready to launch an angel investing group here that will help fund Hoosier startups of all stripes.
Software firm Emarsys lands $33 million in new funding
The Austrian software firm, which established its U.S. headquarters in Indianapolis in July, plans to use the money to fuel aggressive growth in North America and Central America.
Zionsville software startup lands $1M in venture capital
It’s the first venture funding round for 3-year-old Clear Software, an early mover in the trend of making pre-existing business software easier to use.
Indy-based health data firm snares $1.5M in VC round
Healthiest Employers LLC, which collects and measures corporate health information, plans to use the funds to drive sales of its analytics software.
Indiana upstarts ramp up VC fundraising in second quarter
Hoosier tech firms have sought to raise a total of $55 million in venture capital in the second quarter, according to public filings, up from about $39 million in the first quarter.
Bluebridge secures $2 million in venture funding
The equity round, led by Carmel-based Allos Ventures and St. Louis-based Cultivation Capital, is the third round of financing for the company in less than a year.
Report: Hoosier firms raised $17.5M in VC for first quarter
The investment was in line with comparable quarters in recent years, but there’s evidence that at least one significant deal didn’t make the list.
Former Chamber chief tapped to run Elevate Ventures
Christopher LaMothe, who led the Indiana Chamber of Commerce as president from 1992 to 2002, has been named CEO of Elevate Ventures, a not-for-profit investment group that runs the Indiana Angel Network Fund.
Blue Pillar moves HQ, leads Indiana tech fundraising
Blue Pillar Inc., which sells energy management software, has raised almost $14 million this year, putting it atop Indiana tech companies in 2014.
Chicago venture capital firm plans local office
Hyde Park Venture Partners plans to establish an Indianapolis office this spring on Monument Circle to be led by former ExactTarget executive Tim Kopp.
Local software firm hopes to grow after VC infusion
Indianapolis-based Salesvue LLC, which produces productivity software products for sales departments, is looking to raise $5 million to grow its sales and marketing team.
Hoosier companies attract more venture capital, but total lags glory days
Early-stage and growth-stage companies in Indiana raised $47.3 million on 20 deals last year, more than double the $23.4 million invested in 2013.
Funding boom shows power of tech startups, raises concerns
Venture capitalists poured a whopping $48.3 billion into U.S. startup companies last year, investing at levels that haven't been seen since the heady days before the dot-com bubble burst in 2001.