Local tech firm nabs $4.5 million in venture capital
Indianapolis-based CloudOne Corp. has attracted almost $12 million in venture capital since its founding in 2009, including more than $7 million this year.
Venture Capital
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Indy startup gets backing from ExactTarget co-founders
Carmel-based Allos Ventures led the latest venture capital round for the company, which creates Web-based corporate training software.
Ball State-birthed musical aims for Broadway
If the team behind “The Circus in Winter” has its way (and if enough money can be raised and script kinks worked out), the Ball State University-incubated musical might be the first Tony award winner conceived as a collaborative class project.
Content aggregator attracts $3.2 million in funding
ZergNet.com, an Indianapolis-based Internet company that can claim billionaire Dallas Mavericks owner Mark Cuban as its seed funder, has added more financial backers.
Investors find value in entrepreneurs who fail
While Midwest venture capitalists are still relatively conservative compared to those on the coasts, failure is increasingly carrying more of an edge and less of a stigma.
Carmel click-bait giant ZergNet nabs $3.2M in private equity
The Internet company that claims Dallas Mavericks owner and “Shark Tank” dealmaker Mark Cuban as its seed funder has added more financial backers.
Fishers tech startup lands $1 million in seed capital
A Fishers-based tech startup in the home-services industry said Tuesday that it has raised $1.03 million in venture capital, including seed funding from a pair of well-known Indiana investment groups.
MORALEZ: Hoosier angel investment needs further shots in arm
When I started my first company, Bio-Storage Technologies, back in 2002, raising angel capital was time-consuming and inefficient, and the results were mixed at best.
Fishers mobile app developer lands $1M in VC funding
Bluebridge Digital LLC, which creates and manages mobile software applications primarily for not-for-profits, announced Tuesday that it closed a $1 million round of venture capital fundraising and plans to double its work force within a year.
Smarter Remarketer gets $7M in funding
Smarter Remarketer, an Indianapolis-based retail technology firm, said Aug. 27 that it has lined up $7 million in venture debt financing from Los Angeles-based City National Bank.
New Simon VC arm making bets on retail technology
The newly formed Simon Venture Group is betting millions of dollars on nascent technology companies that hope to reshape retailing.
Ex-Hoosier funnels millions back home to local tech firms
West Coast investor Parker Hinshaw and his wife, Jean Balgrosky, in 2012 founded San Diego investment firm Bootstrap Incubation LLC and in 2013 the Bootstrap Venture Fund, which have funded three Indiana companies in less than a year. A fourth deal is about to close.
Record number of Hoosier upstarts hunt for investors
Indiana companies are lining up for private investments in record numbers—a trend driven by the growth of dozens of Indianapolis technology companies that have left the startup stage and want to quickly hire and expand.
Tech startup Gusto lands $1.3M in venture capital
Elevate Ventures, which manages the federally backed Indiana Angel Network Fund, led the financing round.
Software firm TinderBox lands $3M VC investment
Indianapolis software developer TinderBox Inc. plans to fuel product development and build up its sales and marketing teams after receiving $3 million in venture capital.
Smarter Remarketer lands $7M in venture capital
The funding round was led by an investment firm that threw its weight behind Indy-based ExactTarget and Angie’s List before they went public. The software developer plans to double its workforce in the next 12 to 18 months.
CloudOne nabs $2.8 million in venture capital
The Indianapolis-based technology firm has landed more than $7 million in venture capital since it was founded in 2009.
Indy-based website for coaches scores key VC investment
The startup operating from SoBro plans to expand its market with the cash infusion, connecting athletes and teams to qualified coaches.
Committee considers but doesn’t vote on new VC tax credit
Senate Bill 165, authored by Republican Sen. Randy Head of Logansport, would distribute up to $10 million in tax credits to venture capital firms investing in Indiana businesses.
Funding drought pinches life sciences firms
Nationally, venture capital investments into life sciences firms totaled $4.9 billion during the first nine months of 2013, down 30 percent from the same period in 2008, according to data from Thomson Reuters and PricewaterhouseCoopers. In Indiana, life sciences firms raised $21 million during the first nine months of the year, far lower than any year since 2003.