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.
Venture Capital
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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.
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.
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.