• ConverSight.ai earns $700K in seed funding

    AI Startup Lands Funding

    An Indianapolis-based company specializing in the use of human voice for its artificial intelligence platform has raised $700,000 in seed funding to further expand its business. ConverSight.ai received support from Elevate Ventures and four other investors through The Angel Roundtable. 

  • (image courtesy of Pixabay/Gerd Altmann)

    Indiana Makes the Grade in Computer Science Education

    A national association that represents computer science teachers is praising the state of Indiana for expanding access to computer science and further implementing its use in kindergarten through 12th-grade classes. The Computer Science Teachers Association, along with the nonprofit Code.org, says Indiana has implemented robust updates to policies and standards as they pertain to computer science in the classroom.

  • (Provided Photo/Share Your Genius)

    Powderkeg Tech Culture Awards Spotlight

    Indianapolis-based tech networking platform Powderkeg will present the inaugural Indiana Breakout Tech Culture Awards in September. In June, 50 Hoosier tech companies were named finalists for the awards, which include categories such as Overall Culture, Emerging Culture and Social Impact. This week, we spotlight five more finalists who talk about what culture means to their companies. We asked representatives from each tech company a series of questions about...

  • (photo courtesy VeoRide)

    Company Testing E-Scooters, Bikes in Fort Wayne

    A Chicago-based shared mobility company is testing e-scooters and pedal bikes in Fort Wayne. VeoRide has been issued a permit to begin a 16-month pilot program in the city's downtown, beginning with dozens of e-scooters over the next month.

  • Artist rendering of Purdue’s Engineering and Polytechnic Gateway Complex

    $40M Grant to Help Purdue Expand STEM Studies

    Purdue University has announced a multi-million-dollar investment into its efforts to meet the growing demand for STEM graduates. The Purdue Research Foundation has received a $40 million grant from Indianapolis-based Lilly Endowment Inc. to go towards the creation of Purdue’s Engineering and Polytechnic Gateway Complex. The building project has an estimated $140 million price tag. The complex will include two buildings designed to be an interdisciplinary hub.

  • (Provided Photo/Evansville Regional Airport)

    Evansville Regional Airport Begins Solar Project

    Evansville Regional Airport is marking the beginning of construction of a $6.5 million solar covered parking canopy. The airport says the parking installation will generate 1.3 megawatts of power and will supply one-half of the terminal's power. The new canopy will cover nearly 400 parking spaces and will be the largest of its kind in the U.S. 

  • Purdue Pres. Mitch Daniels receives his delivery from a robot. (photo courtesy: Purdue)

    Delivery Robots Have Arrived at Purdue

    What looks like a hands-free camping cooler on six wheels is now making the rounds at Purdue University, delivering food and drinks to just about any location on campus.  California-based Starship Technologies has launched 30 robots at the school, the largest university campus to partner with the tech company. 

  • (Provided Photo/The Heritage Group)

    Accelerator to Focus on 'Legacy Industries'

    Indianapolis-based The Heritage Group and Techstars have launched a new accelerator program. Located at The Center on the northwest side of Indy, organizers say the mentorship-driven accelerator will feature 10 startups seeking to "reinvent industries that serve our most basic needs."

  • (Provided Photo/DriverReach)

    Powderkeg Tech Culture Awards Spotlight

    Indianapolis-based tech networking platform Powderkeg will present the inaugural Indiana Breakout Tech Culture Awards in September. In June, 50 Hoosier tech companies were named finalists for the awards, which include categories such as Overall Culture, Emerging Culture and Social Impact. This week, we spotlight five more finalists who talk about what culture means to their companies. We asked representatives from each tech company a series of questions about...

  • Jason Whitney is the associate VP of IU Ventures

    IU Ventures Invests in Wireless Power Technology

    A Chicago-based company that focuses on wireless power for a variety of uses, such as implanted medical devices, has received a $1 million investment from IU Ventures, a nonprofit organization that supports and invests in IU-affiliated innovation.  The company, NuCurrent Inc, is run by Indiana University alumnus Jacob Babcock. 

  • Bill Gildea

    Sharpen Technologies Hires New CEO, Adds Board Member

    Indianapolis-based Sharpen Technologies has hired a new chief executive and added a member to its board of directors. Bill Gildea is the new CEO, who brings 25 years experience working with tech firms and cloud software companies. Gildea takes over for board chair and CEO Mike Simmons, who will remain chairman. 

  • Finding Value in Unused Parking Spots

    An Indianapolis-based startup company that helps create more public parking in places where there is high-demand is a finalist for an international “smart city” award in the 2019 Leading Cities AcceliCity program. FlexePark works with private companies that have available parking spots when the business is closed. 

  • Indy Consulting Firm to Improve Military Supply Chain

    An Indianapolis-based technology consulting firm has received an $8 million contract from the Department of Defense. The contract calls for KSM Consulting to develop a smart tool that will help improve and monitor the supply chain of microelectronic components.

  • NSWC Crane is located within Naval Support Activity Crane, one of the largest naval bases in the U.S.

    Crane to Bridge Navy to Entrepreneurs

    Naval Surface Warfare Center, Crane Division has been designated as one of five national tech bridges, a new initiative of regional hubs, to connect the resources of the U.S. Navy with small businesses and entrepreneurs. Often hidden behind the secured gates of the naval laboratory at Crane, this effort will allow for collaborative partnerships with small companies or academics who may not usually have such access. 

  • New Role for Salesforce Marketing Cloud CEO

    After three years on the job, Salesforce Marketing Cloud Chief Executive Officer Bob Stutz is moving into a new role. Stutz, who will remain in Indianapolis, is now executive vice president of strategic partners at Salesforce.

  • (Provided Photo/Vibenomics)

    Vibenomics Taps Emmis Exec as New Offering Launches

    Fishers-based Vibenomics Inc. has hired a former senior vice president of Indianapolis-based Emmis Communications Corp. (Nasdaq: EMMS) as it launches its new advertising marketplace. The company, which provides custom voice announcements, music playlists and imaging for businesses, says Paul Brenner will serve as chief strategy officer.

  • (Provided Photo/Formstack)

    Powderkeg Tech Culture Awards Spotlight

    Indianapolis-based tech networking platform Powderkeg will present the inaugural Indiana Breakout Tech Culture Awards in September. In June, 50 Hoosier tech companies were named finalists for the awards, which include categories such as Overall Culture, Emerging Culture and Social Impact. This week, we spotlight five more finalists who talk about what culture means to their companies. We asked representatives from each tech company a series of questions about...

  • (WISH-TV Photo)

    Carmel Grad Creating Drone ID Service

    Drones are beginning to take over the sky and as of now, there’s no way to detect who they belong to while in the air. One Carmel graduate is developing technology to be able to figure out who is who. Essentially, it’s an identification service. Right now, there’s not a strong way of enforcing rules with drones in the air. But Aaron Pierce is working to change that process. Pierce went to Carmel High School and then attended IUPUI where he volunteered with...

  • Cardinal Spirits line of vodkas and rums

    Bloomington Craft Distillery Up For USA Today Awards

    Bloomington-based Cardinal Spirits has been nominated for two national awards. A panel of experts for USA Today's 10Best Readers' Choice Awards has nominated the company for Best Craft Vodka Distillery and Best Craft Rum Distillery.

  • Governor Eric Holcomb and Lt. Governor Suzanne Crouch awarded the grants earlier this month. (photo courtesy of Governor Holcomb's office)

    IFN Chief: Broadband Grants Send Positive Message

    The chief executive officer of Indianapolis-based Intelligent Fiber Network says recently-awarded rural broadband grants demonstrate the state's commitment to bringing high-speed internet access to the entire state. Governor Eric Holcomb earlier this month presented more than $22 million in funding through the Next Level Broadband program for 11 infrastructure expansion projects. Ten of those projects are being undertaken by IFN member companies. In an interview with...

  • KAR Auction to Invest in Downtown Indy

    Carmel-based KAR Auction Services Inc. (NYSE: KAR) is planning to move its TradeRev business unit to downtown Indianapolis, investing nearly $4 million to expand the division’s headquarters and tech center. KAR says the investment will create 200 additional, high-paying jobs by 2023. TradeRev is the company’s digital platform, which allows for live, online, dealer-to-dealer auctions. Based on the new job commitments from the company, KAR says it will be seeking...

  • Jason Harrington (left) and Ron Fauquher (photo courtesy of Ontario Systems)

    Ontario Systems Promotes Harrington to CEO

    Muncie-based Ontario Systems has announced Jason Harrington will become the company's next chief executive officer. Harrington, who currently serves as president, will succeed co-founder Ron Fauquher, who is retiring after nearly 40 years. Harrington has been with Ontario Systems for the past 22 years and currently oversees the day-to-day operations of the company. Ontario Systems says he will now take on additional responsibilities for corporate services such as...

  • (photo courtesy of Governor Eric Holcomb's office)

    Last Mile Celebrates Graduates, Expansion

    A coding program targeting prison inmates has graduated its first class in Indiana. California-based nonprofit The Last Mile, which first announced it was coming to Indiana in January 2018, celebrated the graduation of inmates from the Indiana Women's Prison in Indianapolis. During the ceremony, officials announced the program would soon expand to more Hoosier correctional facilities. Governor Eric Holcomb was on hand to congratulate the graduates and told Inside INdiana Business...

  • IU professor Santo Fortunato studies the 'Science of Science'

    IU Professor Awarded Grant to Study the 'Science of Science'

    A researcher at the Indiana University Center for Complex Networks and Systems Research at the School of Informatics, Computing, and Engineering, has been awarded a grant from the Department of Defense for his lofty thinking and research on the evolution of scientific fields, theories and discoveries. 

  • (photo courtesy of Counterpart)

    Powderkeg Tech Culture Awards Spotlight

    Indianapolis-based tech networking platform Powderkeg will present the inaugural Indiana Breakout Tech Culture Awards in September. In June, 50 Hoosier tech companies were named finalists for the awards, which include categories such as Overall Culture, Emerging Culture and Social Impact. This week, we spotlight five more finalists who talk about what culture means to their companies. We asked representatives from each tech company a series of questions about...

  • The 5G Zone will be located within Eleven Fifty Academy's new downtown Indy headquarters.

    State to Launch 5G Hub in Downtown Indy

    The state of Indiana has announced plans for what it says is a first-of-its-kind 5G hub. Launching in October, the Indiana 5G Zone aims to "attract business, foster innovation and propel research and development in 5G-enabled advanced technologies." The hub will be located inside the new downtown Indianapolis headquarters of the nonprofit Eleven Fifty Academy. The Indiana 5G Zone will include a 3,000-square-foot research lab, which will be used to develop and test...

  • CyberTech Midwest 2019 draws top cyber chiefs to Indianapolis

    Purdue Partnership to Prepare Industry for Cyber Attacks

    Cybersecurity professionals are facing a constant barrage of malware threats and other cyber-attacks from around the globe. To help teach how to fend-off those encroachments against a variety of industries, Purdue University has partnered with Cyberbit, an Israel-based tech company, to launch a training simulator from the West Lafayette campus. The Cyberbit Range provides a realistic environment for IT professionals on how to respond to attacks. Cyberbit Range is a software platform...

  • Bill Rose (photo courtesy Rural Sourcing)

    Rural Sourcing Hires MGM Exec

    Fort Wayne-based software development company, Rural Sourcing Inc., has hired Bill Rose as its Fort Wayne development center director. Rose has over 20 years experience in software development and information technology. He most recently served as interim Chief Information Officer and Head of IT for MGM Resorts International.  

  • (photo courtesy of TriCore Logic)

    Fort Wayne IT Firm Expanding

    TriCore Logic has announced plans to expand its office space and staff at its downtown Fort Wayne headquarters. The company plans to invest over $200,000 in the expansions. The 2010-founded company moved to the Anthony Wayne building in 2013, and now plan to grow their staff of five employees by up to eight over the next four years. 

  • 16 Tech Names Chief Financial Officer

    The 16 Tech Community Corporation has hired Robert Herzog as Chief Financial Officer. Herzog will lead financial operations for the 16 Tech Innovation District, on the west side of downtown Indianapolis. The district is designed to allow for collaboration in advanced manufacturing, life sciences, tech and engineering.  Herzog previously served in executive roles in corporate, professional services sectors and in higher education.  

  • (photo courtesy of SEP)

    Powderkeg Tech Culture Awards Spotlight

    Indianapolis-based tech networking platform Powderkeg will present the inaugural Indiana Breakout Tech Culture Awards in September. In June, 50 Hoosier tech companies were named finalists for the awards, which include categories such as Overall Culture, Emerging Culture and Social Impact. This week, we spotlight five more finalists who talk about what culture means to their companies. We asked representatives from each tech company a series of questions about...

  • (photo courtesy of Doxly)

    Doxly Acquired by Chicago Tech Company

    Indianapolis-based tech startup Doxly is under new ownership. The company, which provides tools for managing legal transactions, has been acquired by Chicago-based Litera Microsystems. Financial terms of the deal were not disclosed. Litera provides transaction management software for the legal and life sciences industries. The company says the acquisition will create a "best-of-breed solution with global appeal." In an interview with Inside INdiana Business...

  • Pictured L-R:  Midshipmen Micheal Waldrop, Will Vincent, and Emily Bellavance. (photo courtesy Crane NSWC)

    New Summer Internship Program at Crane

    Five U.S. Naval Academy midshipmen are the first to be accepted to participate in a new Crane Naval Surface Warfare Center summer internship program. The midshipmen will support the fleet in strategic missions. Three of the new interns, studying STEM courses, completed their final projects and presented to Crane experts and leaders.  

  • (Stock image courtesy: Purdue University)

    Technology Teaching 'Plane English' to Pilots

    Two Purdue University alumni are helping new pilots learn radio communication skills so they can better interact with air traffic controllers. They have created an aviation radio simulator to teach what is known as “Plane English.” The program coaches rookie pilots to better understand and become more proficient in the specific phraseology associated with flying. Muharrem Mane, one of the creators of PlaneEnglish, says pilots...

  • (photo courtesy of Sigstr)

    Powderkeg Tech Culture Awards Spotlight

    Indianapolis-based tech networking platform Powderkeg will present the inaugural Indiana Breakout Tech Culture Awards in September. In June, 50 Hoosier tech companies were named finalists for the awards, which include categories such as Overall Culture, Emerging Culture and Social Impact. This week, we spotlight five more finalists who talk about what culture means to their companies. We asked representatives from each tech company a series of questions about...

  • (photo courtesy of Angie's List)

    Angie's List Parent Considering Spin-Off

    The chief executive officer of IAC (Nasdaq: IAC) in New York says the company is considering a potential spin-off of Colorado-based ANGI Homeservices Inc. (Nasdaq: ANGI), which has a large presence in Indianapolis. The subsidiary was created in 2017 after IAC acquired Indianapolis-based Angie's List and merged the company with HomeAdvisor.

  • (photo courtesy of Nathan Lucas/Cusp Photography)

    Powderkeg Tech Culture Awards Spotlight

    Indianapolis-based tech networking platform Powderkeg will present the inaugural Indiana Breakout Tech Culture Awards in September. In June, 50 Hoosier tech companies were named finalists for the awards, which include categories such as Overall Culture, Emerging Culture and Social Impact. This week, we spotlight five more finalists who talk about what culture means to their companies. We asked representatives from each tech company a series of questions about...

  • Comedy Show to Honor Tech Trailblazer

    A comedy show next week in Indianapolis will raise money for cancer research in the name of a trailblazer in the city's tech scene. Comedy Against Cancer will celebrate the life of Denver Hutt, the former executive director of The Speak Easy in Indy who passed away from cancer in 2016. Proceeds from the event, which is being headlined by Indianapolis native Megan Gailey, will benefit immunotherapy research at the Indiana University Melvin and Bren Simon Cancer Center.

  • photo courtesy of Ride Systems

    Ford Acquisition Has Roots in Indianapolis

    Ford Motor Co. (NYSE: F) is taking another step in its driverless vehicles effort with the acquisition of a tech company with roots in Indianapolis. Ford Smart Mobility LLC is buying Journey Holding Corp, which is the successor company to Indianapolis startup DoubleMap Inc.

  • (photo courtesy of the Indiana Economic Development Corp.)

    eHealth Bringing 500 Jobs to Indianapolis

    A California-based private online health insurance exchange has set up operations in Indianapolis. eHealth Inc. (Nasdaq: EHTH) has announced plans to invest more than $10 million to establish its Eastern U.S. Technology and Operations Headquarters in Indy and create up to 500 jobs by the end of 2023. The Indiana Economic Development Corp. says the company has already hired 125 Hoosiers at its new location on the city's north side. eHealth is currently occupying more than...

  • (photo courtesy of Genesys)

    Powderkeg Tech Culture Awards Spotlight

    Indianapolis-based tech networking platform Powderkeg will present the inaugural Indiana Breakout Tech Culture Awards in September. Last month, 50 Hoosier tech companies were named finalists for the awards, which include categories such as Overall Culture, Emerging Culture and Social Impact. This week, we spotlight five more finalists about what culture means to their companies. We asked representatives from each tech company a series of questions about company culture...

  • DemandJump Secures More Funding

    Indianapolis-based tech company DemandJump has completed a $5.5 million Series A2 round of funding. The company, which provides a digital marketing platform, says it plans to use the funding to continue expansion of its product, engineering, sales and marketing teams.

  • CyberTech Midwest 2019 draws top cyber chiefs to Indianapolis

    Cyber Conference Set to Open in Indy

    Business executives, government officials and key stakeholders in the world of cyber tech will gather for a two-day conference in Indianapolis starting Wednesday. Cybertech Midwest 2019 will showcase some of the latest technologies used to battle cyber threats from around the globe. Cyber technology touches almost every aspect of our everyday lives – including retail, health, government, research & development, insurance, infrastructure, and even sports. Numerous chief...

  • Mark Howell is the president and CEO of Conexus Indiana. (photo courtesy of Conexus)

    Conexus Preparing Businesses for 'Industry 4.0'

    It's being called the next Industrial Revolution and Indiana's advanced manufacturing and logistics initiative is working to help Hoosier companies adapt. Conexus Indiana Chief Executive Officer Mark Howell says Industry 4.0 centers around technology adoption, migration and innovation and affects all industries fundamentally changing the way people live and work. In an interview with Inside INdiana Business, Howell said for Indiana to maintain its leadership position...

  • Greenville-based Techshot Inc. supplied NASA with hardware to conduct tissue research in space

    Techshot Equipment Ready for Launch

    If all “systems are go” Monday, SpaceX mission CRS-18 will lift off from Florida’s Cape Canaveral Air Force Station with research technology developed in Indiana. Greenville-based Techshot Inc. provided NASA with the Multi-use Variable-gravity Platform (MVP) to conduct a series of experiments. The flight was originally scheduled for Sunday.

  • Infosys Continues Pathfinders Institute in Bloomington

    Educators from throughout the country have been in Bloomington this week for professional development in computer science. Infosys Foundation USA, the nonprofit arm of India-based Infosys (NYSE: INFY), says its second annual Pathfinders Summer Institute on the Indiana University campus is part of an ongoing effort to boost computer science education in schools nationwide. More than 400 teachers have spent the week in Bloomington and Infosys President and Deputy Chief Operating Officer...

  • (photo courtesy of Bolstra)

    Powderkeg Tech Culture Awards Spotlight

    Indianapolis-based tech networking platform Powderkeg will present the inaugural Indiana Breakout Tech Culture Awards in September. Last month, 50 Hoosier tech companies were named finalists for the awards, which include categories such as Overall Culture, Emerging Culture and Social Impact. This week, we spotlight five more finalists about what culture means to their companies. We asked representatives from each tech company a series of questions about company culture...
  • (Image courtesy of Purdue University.)

    Study: Indy Tech Salaries Higher Than Other Professions

    A new report shows tech salaries in the Indianapolis metropolitan area far outweigh those in other sectors. The study from Business.org says the area has an average tech salary of just over $82,000, compared to an average salary of more than $49,000 for all other occupations. The website used the most recent data from the U.S. Bureau of Labor Statistics for 100 metropolitan statistical areas. The Indy area's average tech salary for 2018 is a nearly 3 percent increase over the...

  • Kerauno acquires Inverse-Square in July 2019

    Indy Tech Company Continues to Grow

    Indianapolis-based software company Kerauno continues to expand its portfolio. The company just announced the purchase of another Indianapolis software company, Inverse-Square. 

  • (rendering courtesy of DroneDek)

    DroneDek Aims to Create 'Mailbox of the Future'

    An Indianapolis-based entrepreneur is looking to bring the "mailbox of the future" to residents. DroneDek aims to make drone package delivery a reality through the combination of a landing pad mailbox and a smartphone app. Chief Executive Officer Dan O'Toole says he came up with the idea for DroneDek while driving on a rural Indiana road, seeing a drone flying by and wondering where packages being delivered by drones would end up. He filed for a patent within a week, which...

  • Ziptility President Tyler Henke

    Water Utility Mapping Startup Receives Funding

    A digital mapping startup has received a significant investment from the Indiana University Philanthropic Venture Fund. The fund has invested $250,000 in Bloomington-based Ziptility. The startup uses digital mapping technology to help utility workers maintain buried infrastructure.

  • Powderkeg Tech Culture Awards Spotlight

    Indianapolis-based tech networking platform Powderkeg will present the inaugural Indiana Breakout Tech Culture Awards in September. Last month, 50 Hoosier tech companies were named finalists for the awards, which include categories such as Overall Culture, Emerging Culture and Social Impact. In the first of a weekly series leading up to the award ceremony, we spotlight five finalists and what culture means to their companies. We asked representatives from each tech company...

  • Rob Martens is president of Allegion Ventures.

    Allegion Ventures President Sees Potential for IoT in State

    Allegion Ventures, the venture capital arm of Allegion plc, has added more innovative companies to its investment portfolio: Boston-based HqO, Robin Powered Inc. and Pindrop. In a segment for Inside Indiana Business, Allegion Ventures President Rob Martens tells Gerry Dick about how new additions and tech trends are creating opportunities in Indiana. 

  • A Topping Off Ceremony Takes Place Thursday Morning on the First Structure at 16 Tech

    'Topping Out' Set for 16 Tech Anchor

    Crane operators will hoist and construction workers will weld Thursday the final steel beam into place atop the Innovation 1 building, the first new structure at 16 Tech. The ceremonial event marks a key milestone for the urban innovation district in Indianapolis. The 10-foot-long beam was autographed by hundreds of people, including scientists, tech leaders and residents from nearby neighborhoods. 

  • (photo courtesy of Microsoft)

    Microsoft Rural Broadband Effort Getting Underway

    An effort by Microsoft Corp. (Nasdaq: MSFT) to expand rural broadband access in Indiana is moving forward. The company says it has tapped Ohio-based Watch Communications to begin the development process to connect communities in 50 Indiana counties to high-speed internet. The partnership is part of the Microsoft Airband Initiative, which the company in December announced was being expanded to several states, including Indiana. The agreement with Watch Communications will also benefit...
  • Andy Medley is the co-founder and CEO of PERQ.

    PERQ Closes $6M Funding Round

    Indianapolis-based PERQ has closed a $6 million Series A round of funding to expand its artificial intelligence-driven marketing cloud for big retailers. The funding is exclusively provided by Midwest tech leaders, including Poplar Ventures L.P. in Louisville. Andy Medley, co-founder and chief executive officer of PERQ, tells Inside INdiana Business says it will also use the funding to support and grow its staff. Other investors and groups joining the...

  • (rendering courtesy of the Pike County Economic Development Corp.)

    Pike County Tech Center Lands New Funding

    The Pike County Economic Development Corp. says the proposed Entrepreneurship & Technology Center has secured a $2 million grant from the Economic Development Administration. When complete, the facility will feature a coworking space, makerspace and business incubator. Pike County EDC Executive Director Ashley Willis tells Inside INdiana Business the project had previously received 60/40 grant match from the EDA, however steel tariffs that went into effect in December led to the ...

  • Acosta made the announcement while touring facilities at Purdue.

    Purdue Lands Federal Grant for Cybersecurity Program

    During his visit to the Purdue University campus in West Lafayette, U.S. Secretary of Labor Alexander Acosta announced a $12 million award to Purdue Polytechnic Institute. The funding will be used to develop a program to help fill what the university says is a growing need for cybersecurity professionals.

  • (photo courtesy of Digital Crossroads)

    Governor Signs Data Center Incentive Bill

    Governor Eric Holcomb has formally signed a bill to provide tax incentives for establishing data centers in Indiana. The Digital Crossorads Data Center, which is currently under construction in Hammond, says the new law makes Indiana the most competitive state in the nation for new data centers. The law provides exemptions from the state's sales tax for items such as electricity, equipment, and construction and built-out costs for up to 50 years. Digital Crossroads says the...

  • Jim Hallett is the CEO of KAR Auction Services.

    KAR Rebrands European Subsidiary

    Carmel-based KAR Auction Services Inc. (NYSE: KAR) has announced a rebranding of a recently-acquired subsidiary. The company says Belgium-based CarsOnTheWeb will now be known as ADESA Europe, a brand which will extend KAR's name recognition into continental Europe. KAR says the ADESA Europe brand will extend to each of the local markets where it has sales operations, including Belgium, France, Germany, Italy, Netherlands and Spain. The newly-rebranded company will continue to provide...
  • (photo courtesy of Indy Women in Tech)

    Volunteers Sought for STEM Day

    Indy Women in Tech is looking for volunteers for its Ignite Your Superpower STEM Day in August. The event on the IUPUI campus aims to give middle school girls the opportunity to engage in hands-on experiments and exhibits related to STEM.

  • Bloomington Company Lands NASA Grant

    Bloomington-based Warrant Technologies LLC has received a $100,000 grant from NASA. The company says the funding will go toward artificial intelligence research and advancement in support of space tech development.

  • Heliponix CEO Scott Massey makes his pitch to the judges in Evansville. (photo courtesy of Heliponix)

    Hoosier Startups Win Evansville Pitch Competition

    Two Indiana startups took home prizes last week at the Venture Club of Indiana's regional pitch competition in Evansville. The winners were selected out of five companies that gave pitches and will move on to the statewide Innovation Showcase competition in August.

  • Jones talked about the new offering on this weekend's edition of Inside INdiana Business With Gerry Dick.

    Academy Targets ‘Red Hot’ Cyber Job Market

    The founder of Fishers-based Eleven Fifty Academy believes two new course offerings can help fill a growing cybersecurity job market in Indiana and he plans on rolling out the curriculum in markets statewide.  Scott Jones says the full and part-time courses, which feature a “cyber range” to give students hands on experience, are the first of their kind in Indiana. "We teach it in twelve weeks and you come out with two industry certifications that virtually...

  • The University of Notre Dame is one of the Indiana representatives on the list. (photo courtesy University of Notre Dame)

    Hoosier Companies Among 'Best Places to Work in IT'

    Three Indiana organizations are included in Computerworld's 2019 list of the 100 Best Places to Work in IT. The ranking, which splits the companies among large, medium, and small organizations, is based on company and employee surveys, as well as factors such as benefits, career development and retention.

  • Jason Beutler (left) is the co-founder and president of EduSource.

    Education Groups Partner on Tech Apprenticeships

    Indianapolis-based EduSource and Crossroads Education are teaming up in an effort to fill the talent pipeline in Indiana's tech sector. EduSource has acquired an DEVshop apprenticeship program from Crossroads, which it says makes it the only Indy company offering an apprenticeship approach to training Indiana residents to work in software and data analytics fields. As a result of the deal, Crossroads founder Kevin Berkopes has joined EduSource as co-owner and chief scientific officer....

  • (photo courtesy of Go Electric)

    International Company Acquires Go Electric

    Anderson-based Go Electric Inc. has been acquired by a French company. Financial terms of the deal were not disclosed, however Saft says the acquisition will allow it to expand its technology portfolio for distributed renewable solutions and reinforce its North American footprint.

  • (rendering courtesy of Prince Alexander Architects)

    Demand Fuels Planned Tech Building in Indy

    The business group managing The Union 525 tech hub in downtown Indianapolis is adding to the campus. John Hurley, managing partner of The Union 525, tells Inside INdiana Business plans are moving forward to build a new, $10 million building designed to accommodate the city's growing tech scene. Hurley, who is also the chief executive officer of SmartFile, says The Union 601 will be a six-story, 67,000-square-foot facility that will have a similar open concept feel as its sister...

  • Indiana Sports Corp. President Ryan Vaughn announced the program in August.

    First Cohort Named For Sports Accelerator

    The Indiana Sports Corp. has named the 10 startups that will participate in the inaugural class of the Techstars Sports Accelerator Powered by Indy. The three-year initiative aims to provide support for startups specializing in sports technology. The accelerator was first announced in August. The program was founded by a variety partners, including the ISC, the Next Level Fund, the NCAA and Pacers Sports & Entertainment. It also involves several supporting partners such as the...

  • NSWC Crane is located within Naval Support Activity Crane, one of the largest naval bases in the U.S.

    Indiana Could Lead Hypersonic Tech Future

    Indiana could play a key role in the future of hypersonic technology, according to the chief executive officer of the National Security Technology Accelerator. The North Carolina-based nonprofit has offices in Bloomington and is working with Naval Surface Warfare Center Crane on a program to work on the military priority, which includes weapons or supply vehicles that travels over five times the speed of sound. Tim Greeff says the organization's partnership with Crane can be an...

  • Raytheon, UTC Announce 'Merger of Equals'

    Raytheon Co. (NYSE: RTN), which has operations in Indianapolis and Fort Wayne and United Technologies Corp. (NYSE: UTX) are planning what they call a "merger of equals." The all-stock deal excludes Carrier and Otis, which are set to separate from United Technologies next year. The combined company, to be called Raytheon Technologies Corp., will be headquartered in Massachusetts. The companies say the combined operation will have about $74 billion in 2019 sales.

  • Toll Road Project to Boost Transportation System

    The operator of the Indiana Toll Road has reached a deal with a Nebraska company to grow the fiber optic network and intelligent transportation system along the interstate. eX² Technology LLC says the $34 million project will allow Indiana Toll Road Concession Co. to make the 157-mile stretch safer for drivers.

  • The company says it will use the funding to expand its team of employees. (photo courtesy of FormAssembly)

    Bloomington Company Lands $10M in Funding

    A Bloomington-based tech company has secured $10 million in Series A funding. FormAssembly, which provides an enterprise data collection platform, says it will use the funding to expand its its team and accelerate its mission.

  • (photo courtesy Rogo)

    Elevate Purdue Foundry Awards Investments

    Elevate Purdue Foundry Fund has announced $80,000 in investment funding to four Purdue University-affiliated startups. The startups have been selected to receive tier-one "Black Award" investments of $20,000 each. They are Covert Defenses, BDYWR, Rogo Ag LLC and C2 Medical Robotics Inc.  Covert Defenses develops technology to prevent computer attacks on systems such as a nuclear reactor or power plant. 

  • (photo courtesy of Indiana University)

    IU Names Cybersecurity Innovation Director

    Indiana University has selected Von Welch for the newly-created position of executive director for cybersecurity innovation. In his new role, which will encompass IU's entire statewide network, Welch will be responsible for leveraging the university's "operational and research strengths in combination to address challenges faced across the nation."

  • (photo courtesy of Rogo Ag LLC)

    Purdue Ag-Tech Startup Lands $200K

    A Purdue University ag-tech startup has secured two large investments. Rogo Ag LLC, which is developing autonomous robots to collect more accurate soil samples for farmers, received $200,000 from the Purdue Ag-Celerator Fund and Ag Alumni Seed, a Purdue-affiliated nonprofit.

  • Title Pro Technologies Acquired by Vitu

    Indianapolis-based Title Pro Technologies has been acquired by tech company Vitu. The acquisition combines the companies' staff, customer contracts and assets, with Title Pro Technology, LLC, now operating under the Vitu name.

  • Indy Tech Company to Sponsor Juncos for Indy 500

    Indianapolis-based email intelligence platform 250ok has announced it will be the lead sponsor of the Juncos Racing team for Sunday's Indianapolis 500. 250ok Chief Executive Officer Greg Kraios says he identified with Juncos Racing's humble beginnings and his company jumped on the chance to sponsor the team after Juncos driver Kyle Kaiser qualified with an unsponsored car.

  • Linebarger says the $33 million Columbus investment will initially mean about 75 new jobs.

    Linebarger: Tech, Innovation Fueling Cummins Growth

    Cummins Inc. (NYSE: CMI) Chief Executive Officer Tom Linebarger frequently refers to the Columbus-based engine maker as a technology company that happens to be in the manufacturing sector, and last week’s announcement of nearly $70 million in projects suggests that mantra will ring true for decades to come. A new $35 million digital and IT hub in Greenwood is a perfect example. It will bring together information technology, digital and engineering talent to focus on ways to...
  • LHP currently employs nearly 200 associates in Columbus and close to 500 worldwide.

    Engineering Company Adding Jobs in Columbus

    Columbus-based LHP Engineering Solutions says it will expand its Bartholomew County operations and add up to 135 jobs by 2023. The company, which provides engineering services for the automotive, aerospace and medical industries, says it will invest more than $1 million to upgrade its Columbus headquarters. LHP currently employs nearly 200 associates in Columbus and close to 500 worldwide. In addition to its Indiana headquarters, the company has operations in California...

  • Salesforce co-CEO Marc Benioff and Ivanka Trump

    Salesforce Chief: White House Pledge is 'What We Need'

    The chairman and co-chief executive officer of Salesforce (NYSE: CRM) says signing the White House's Pledge to America's Workers is exciting for his company. Marc Benioff signed the pledge at an event this morning at Salesforce Tower in downtown Indianapolis, which was also attended by Ivanka Trump, advisor to President Donald Trump. Salesforce officially committed to help train 500,000 workers as part of the pledge, though Benioff said as signed it that the company would...

  • This morning's event, which includes President Trump Advisor Ivanka Trump, is part of the customer relationship management company's inaugural Trailblazer Day.

    Salesforce Signs White House Pledge

    Tech giant Salesforce (NYSE: CRM) today in Indianapolis signed a White House Pledge to help train at least 500,000 Americans for jobs within the company's ecosystem over the next five years. This morning's event, which includes President Trump Advisor Ivanka Trump, is part of the customer relationship management company's inaugural Trailblazer Day. Salesforce estimates that, along with its network of partners and customers, it will support more than three million new jobs around...

  • MetaCX CEO Scott McCorkle (podium) and Governor Eric Holcomb

    MetaCX Investment Part of Growing Tech Sector

    The chief executive officer of Indianapolis-based tech company MetaCX says Indiana's tech scene has become part of a national conversation. The company announced today it is investing $1.4 million to set up shop on the 10th floor of Salesforce Tower in downtown Indy with plans to add up to 75 jobs by 2023. Scott McCorkle, former ExactTarget president and Salesforce Marketing Cloud CEO, says he couldn't imagine starting a business anywhere other than Indiana, which has a...

  • McCorkle says MetaCX plans to launch its product in early 2019.

    MetaCX Growing in Indy, Adding Jobs

    Indianapolis-based Software-as-a-Service startup MetaCX says it will scale up operations in central Indiana and create up to 75 jobs by 2023. The High Alpha portfolio company will invest $1.4 million to renovate and equip office space in the Salesforce Tower. The company's platform helps clients and businesses organize and manage their SaaS providers. MetaCX is led by former ExactTarget President and Salesforce marketing Cloud Chief Executive...

  • Scott McCorkle (second from left) is the co-founder and CEO of MetaCX.

    Tech Company Set For Jobs Announcement

    State and local officials will Tuesday join officials from Indianapolis-based MetaCX and its venture studio, High Alpha, for an economic development announcement. Few details are available, however the Indiana Economic Development Corp. says the announcement will involve new jobs for the Software-as-a-Service company. The announcement is set to take place at Salesforce Tower in downtown Indianapolis. Hogsett and Governor Eric Holcomb will attend the event. MetaCX launched in...

  • The races will feature both manned and autonomous karts. (photo courtesy of Purdue Motorsports)

    Autonomous Kart Racing Returns to IMS

    Purdue University Motorsports will Tuesday begin the annual evGrand Prix at the Indianapolis Motor Speedway. The two-day event will feature high school and college teams competing in their electric karts, as well as autonomous karts, as part of the Student Karting World Finals.

  • Schellinger was a guest on this weekend’s edition of Inside INdiana Business with Gerry Dick.

    Saab Jet Fighter Investment May Be Just the Beginning

    It is viewed as a major win for Indiana’s increasing effort to attract global investment in the aviation and aerospace sectors. But Saab’s plans to invest $37 million and add 300 jobs at a fighter jet plant in the Purdue Discovery Park District may be just the beginning of a far-reaching partnership. "It's not just going to be the fuselage down the road and the partnership with Boeing,” said Indiana Secretary of Commerce Jim Schellinger.

  • (photo courtesy The Bee Corp.)

    The Bee Corp. Relocating to Indy

    Bloomington-based ag-tech startup The Bee Corp. has announced plans to relocate its headquarters to Indianapolis. The company, which specializes in infrared imaging software to help growers who rent beehives for pollination, says it is currently in the process of evaluating potential office space.

  • Jeb Banner is the founder and CEO of Boardable.

    Boardable Secures $1M in Seed Funding

    Indianapolis-based tech company Boardable has completed a $1 million seed round of funding. The company, which has developed software aimed at increasing board member engagement for nonprofits, says it plans to invest the funding in product, marketing and sales, as well as talent as it seeks to double its full-time workforce by the end of the year.

  • Techshot is headquartered in the Floyd County town of Greenville.

    More Techshot Equipment Arrives at Space Station

    More research equipment from Greenville-based Techshot Inc. has made its way to the International Space Station. The equipment, which launched Saturday aboard an uncrewed SpaceX cargo resupply spacecraft, contains experiment modules to be used in a Massachusetts Institute of Technology tissue chip experiment.

  • Tony Bates previously worked for companies including Skype, Microsoft and Cisco.

    Genesys Names New CEO

    California-based Genesys has selected former Skype CEO Tony Bates as its new chief executive officer. The company, which employs more than 800 in Indianapolis, says Bates' predecessor, Paul Segre, will continue as chairman.

  • (photo courtesy of Spot Freight)

    Spot Freight Adds to Downtown Indy HQ

    Spot Freight Inc. has completed an expansion of its downtown Indianapolis headquarters. The logistics company, which moved into the second floor of the former Jillian's building in 2016, has completed the renovation of the building's third floor, doubling the size of its previous office space. Spot Freight says it has invested more than $2 million between its two expansions over the past three years and plans to continue the growth of its Indiana footprint over the next five years.

  • Cormo turns corn field waste into a sustainable peat moss substitute.

    Ag Tech Company Bringing Hundreds of Jobs to Rushville

    Florida-based Cormo USA Inc. has announced plans to establish its first U.S. production plant in Rushville and create up to 250 jobs by the end of 2023. The company, which uses technology to turn corn field waste into sustainable products, says it will invest nearly $30 million to build and equip a facility on 10 acres in Rushville's Commerce Park. Cormo USA is a joint venture between Switzerland-based Cormo AG and Sustainable Projects Group Inc. in Florida. It plans to break...

  • More Funding Raised For Perceivant

    An Indianapolis-based education technology company has completed a nearly $600,000 round of funding. Perceivant, which provides an interactive digital platform to replace traditional textbooks and e-books, says it plans to use the funding to bring the platform to more colleges nationwide.

  • Ball State Grad to Compete in Startup Program

    Recent Ball State University graduate Wes Crouch and his team from Indianapolis-based Tudr have been selected from among 300 of the world’s most promising startups to participate in MassChallenge’s startup accelerator. The team will Friday fly to Boston for a final pitch in front of a panel of MassChallenge judges, competing for a spot in the 128-team cohort.

  • Anuraag Yachamaneni is one of the organizers of an entrepreneurship council on the Purdue campus

    Purdue Students Create Innovation Website

    Entrepreneurial students from different clubs and organizations have created a website they hope will boost innovation on the Purdue University campus. Startup Purdue will be the primary online resource for student entrepreneurship.

  • Moser Consulting has 200 employees in Indianapolis and Boston.

    'Best Places' Winner Speaks on Culture

    The company that topped the "medium" category on this year's "Best Places to Work in Indiana" list says the program offers a key opportunity to make what he calls a strong culture even stronger. Moser Consulting Chief Executive Officer Ty Moser says, as more tech companies come to Indianapolis, talent is harder and harder to attract, so the employee surveys the program uses to rank companies helps fuel "continuous improvement" in culture. During a...

  • Formstack is headquartered in Fishers.

    Culture Matters: Formstack's New HQ

    A tech company previously headquartered in Indianapolis recently made a move to Fishers in an effort to grow in a space that better reflects its mission. Our Culture Matters segment this month features Fishers-based Formstack, a Software-as-a-Service company that focuses on data capture and workflows. Paul Ashley, managing director at FirstPerson in Indianapolis, says because Formstack helps entrepreneurs with their product, the company...

  • New Funding to Fuel Growth For Viral Launch

    An Indianapolis-based tech company has closed on a major round of funding. Viral Launch, which provides software and services to enable companies to sell successfully on Amazon, has secured $7.3 million in Series A funding led by New York-based Tenfore Holdings. The company says the funding will allow it to enhance its software platform and fuel next-stage growth. Viral Launch also received funding from existing investors, including Mentors Fund in California and UpOver Ventures.

  • (photo courtesy of Horizon Network Partners)

    Horizon Acquires Indy Fiber Network

    Ohio-based regional fiber broadband company Horizon Network Partners is planning to acquire a fiber network in downtown Indianapolis. Financial terms of the deal are not being disclosed, however Horizon says it will be able to serve more than 100 business customers in the downtown area.

  • Hoosier Tech Aims to Boost Firefighter Health

    A Bloomington-based company hopes its technology will help more firefighters track a dangerous job hazard. Envisage Technologies operates training and compliance software for first responders throughout the country and last year acquired the cloud-based Exposure Tracker software, which helps firefighters track their exposure to carcinogens on any web-connected device. The software was created by Clive Savacool, a 20-year fire service veteran, who came up with the idea after...

  • Photo of Eric Knox courtesy of Indiana University

    IU Herbarium Completes Plant Digitization Project

    Indiana University has announced its project to provide online access to the complete collection of the IU Herbarium, launched in 2014, is now complete. The collection features more than 160,000 preserved plant specimens, including over 72,000 specimens.  

  • (photo courtesy of RS2 Technologies)

    Munster Tech Company in Acquisition Deal

    Las Vegas-based security technology company ACRE has announced plans to acquire a Munster-based business. Financial terms of the deal for RS2 Technologies LLC have not been released. ACRE says the acquisition will enhance its strategic expansion plans for strengthening its access control business and product portfolio.

  • The Vogue opened as a movie house in 1938, then reopened as a nightclub in 1977. (Picture Courtesy: The Vogue)

    New Vogue Owners Plan Enhancements For 'Historic' Venue

    The new owners of the Vogue in Indianapolis say the venue combines their passions inside and outside of their roles as tech entrepreneurs. High Alpha co-founder Eric Tobias and former MOBI executives Scott Kraege and Andrew Davis say they are hoping to increase the frequency and variety of events at the Broad Ripple venue while enhancing the experience for artists and patrons. During an interview with Inside INdiana Business, Tobias said he and is partners are also investing in...

  • Radhika Ravindran (photo courtesy of IUPUI)

    Chatbot Wins IUPUI Competition

    An idea from Radhika Ravindran from over five years ago has won her IUPUI's 2019 JagStart Student Idea Pitch Competition. The master's degree candidate in the School of Informatics and Computing has a younger brother who didn't like reading books but did like sending text messages to friends, prompting her to develop a chatbot to try to pique his interest in reading books. Ravindran's solution, Kibo, uses chatbot technology to make book-reading more like a conversation...

  • Techshot is based in Greenville.

    Techshot Tech Heading to Space Station

    Wednesday's planned launch of an unmanned cargo spacecraft heading for the International Space Station will include materials from a Greenville-based company. Techshot Inc. says the NG-11 resupply mission is the first of what will be the company's most active year in space operations.

  • The acquisition is the fourth for Formstack in less than two years.

    Formstack Completes Another Acquisition

    Fishers-based Formstack has announced its acquisition of WebMerge, a document automation and generation company also based in the Hamilton County city. Financial terms of the deal are not being disclosed, however all WebMerge employees are being retained and joining the Formstack team. Formstack says the acquisition will allow it to further enhance its document automation product, Formstack Documents. The company says WebMerge will stay as a stand-alone product and continue to...

  • Marie Maher founded Synapse Sitters in 2017.

    Synapse Sitters Expands in Indiana

    An Indianapolis-based startup has expanded into two new markets. Synapse Sitters, which has created a platform for parents to find babysitters for children with special needs, has launched in Lafayette and South Bend-Mishawaka with plans for continued growth.

  • The awards took place in front of a sold-out crowd of 1,400 attendees, which was the largest total in the program's history.

    Mira Honors 'Best in Tech' For 20th Anniversary

    Indianapolis-based Viral Launch and Columbus-based Cummins (NYSE: CMI) were among the top honorees at this weekend's 20th annual Mira Awards in Indianapolis, organized by Indiana's tech initiative TechPoint. Viral Launch Chief Executive Officer Casey Gauss won the Rising Entrepreneur Award, while the creative and consulting services provider earned Scale-up of the Year honors. Cummins was named Large Enterprise of the Year. The awards took place in front of a sold-out crowd of...

  • Schellinger talked about the flurry of jobs announcements on this weekend’s edition of Inside INdiana Business with Gerry Dick.

    Schellinger: Every Focal Point 'Robust'

    Last week was a big week for job commitments in Indiana, with state and local officials unveiling deals totaling more than 1,100 potential positions. And while Indiana Secretary of Commerce Jim Schellinger was elated about the announcements, he was equally enthused about the range of industries involved. "We've gotten jobs in agribusiness, the manufacturing services, the professional services area, information technology, which we are growing at more than two times the national...

  • Indy Attorney Earns 'Bridge Builder' Award

    The board of directors for the TechPoint Foundation for Youth has selected Stephen Dutton as the recipient of the 2019 Bridge Builder Award. Dutton, a partner with Indianapolis-based law firm Barnes & Thornburg LLP, will receive the award Saturday evening at the TechPoint Mira Awards gala.

  • (photo courtesy of IndianaFIRST)

    Teams Set For Robotics Championship

    High school robotics teams from throughout the state will participate in the Indiana State Championship High School Robotics Competition, which kicks off Friday in Kokomo. The best-performing teams will advance to the World Championship, which will take place later this month in Detroit, Michigan.

  • Acquisition of Determine Inc. Complete

    New Jersey-based Corcentric Inc. has completed its $32 million acquisition of Determine Inc. in Carmel. Matt Clark, chief operating officer for Corcentric, says the all-cash deal enables the company to expand its portfolio of source-to-pay solutions for  American and European customers.

  • Justin Christian is the founder and CEO of BCforward. (photo courtesy of the IEDC)

    IT Consulting Firm Expanding in Carmel

    A Carmel-based IT consulting and staffing firm is growing. The Indiana Economic Development Corp. says BCforward plans to expand its Hamilton County operations and create up to 300 jobs by 2021. The company will invest more than $1 million over three years to establish a Digital Innovation Academy, which will help employees and customers "meet the evolving digital needs of its client base." The company is looking to hire for positions at both BCforward and its subsidiary...

  • Jobs Announcement Set For Carmel

    City and state officials will Thursday make another jobs announcement in Carmel. Few details are available, however the announcement will involve IT consulting and staffing firm BCforward.

  • The announcement will take place at Salesforce Tower.

    Fever Set For 'Major Announcement'

    The Indiana Fever will Wednesday make what it says will be a major announcement at Salesforce Tower in downtown Indianapolis. Few details are available, however the team says it will provide more information at the sports business/technology press conference.

  • Zotec says it currently serves around 17,000 physicians and manages 80 million medical encounters in all 50 states.

    Zotec Partners Announces New Carmel HQ, 300 Jobs

    Zotec Partners has broken ground on a new national headquarters in Carmel. The medical revenue cycle management provider plans to invest nearly $47 million into the five-story facility and add up to 300 jobs by the end of 2022. The company, which has about 250 associates in Indiana and 850 nationwide, says the new headquarters will allow for future growth in Indiana for years to come. Plans for the 120,000-square-foot facility include an innovation work center and a training...

  • (Image courtesy of Springbuk.)

    Springbuk Begins 'Health Intelligence Tour'

    Indianapolis-based Springbuk says it is on a "Health Intelligence Tour" in some of the biggest markets in the United States to showcase expanded offerings. The health technology company says the three-week tour includes stops in New York City, Dallas-Fort Worth and Chicago to unveil the enhancements, which it says "combine data analytics with data science." Springbuk says the platform is designed to give employers access to health data as well as insights on how...

  • (photo courtesy of Indiana University)

    IU Data Center Set For Upgrades

    The Indiana University Board of Trustees has approved $12 million worth of upgrades to the IU Bloomington Data Center. The university says the project will include enhancements to the overall reliability and backup capabilities of the data center's infrastructure. The data center provides space and infrastructure for computing technology services for all of IU's campuses statewide. IU says the project will enhance the facility in the event of a power failure and during...

  • (photo courtesy of Accutech)

    Muncie IT Company Details Expansion

    Muncie-based Accutech Systems Corp. is expanding. The wealth management software company has announced plans to invest more than $5.5 million in a new headquarters and nearly double its Delaware County workforce by 2023. Accutech says it will acquire and redevelop a former Sears department store in downtown Muncie. The Indiana Economic Development Corp. says the new space will allow the company to increase and upgrade its technology and computer hardware in an effort to...

  • (photo courtesy of the IEDC)

    Finalists Make 'Innovate WithIN' Pitches

    Eleven finalists will pitch their businesses today in the second annual Innovate WithIN pitch competition. The Indiana Economic Development Corp. hosts the high school student competition, which drew nearly 160 pitches from over 80 high schools throughout the state. More than 235 middle school students also registered for the program's new ideation sessions. The 11 finalists will pitch to a panel of judges for a chance to win a $10,000 cash prize, $10,000 toward a year of in-state...

  • (rendering courtesy of Purdue University)

    Discovery Park Apartments Opening Soon

    The $86 million apartment complex at Purdue University's Discovery Park District is set for an August opening. The university says Aspire at Discovery Park will be the first apartment community on the West Lafayette campus to feature tech-centric living with an integrated smart home experience.

  • Malomo says its platform turns shipment tracking into a marketing platform.

    Tech Vets Launch Shipment Marketing Platform

    Two Indiana serial entrepreneurs have launched a new company, fueled by an oversubscribed pre-seed funding round led by High Alpha Capital and Hyde Park Venture Partners. Malomo, founded by Yaw Aning and Anthony Smith, is a shipment marketing platform for ecommerce companies. One Click Ventures founders Randy Stocklin and Angie Stocklin and Formstack founder Ade Olonoh also participated in the $600,000 funding round. Randy Stocklin will join Malomo's Board of Directors.

  • Ellie Symes is the CEO of The Bee Corp.

    The Bee Corp. Changes Direction

    Bloomington-based The Bee Corp. has announced a change in its technology offerings. The startup says it has shifted its focus from preventing hive loss to determining beehive strength, particularly among commercial beekeepers. Chief Executive Officer Ellie Symes says while hive loss is still a concern among beekeepers, the industry has adapted to the issue and beekeepers have begun changing their management practices to better improve hive health. In an interview with ...

  • (photo courtesy of Google.org)

    Holcomb to Receive Mira's 'Trailblazer' Award

    Indiana's technology initiative has announced it will honor Governor Eric Holcomb with its Trailblazer Award next month at the 20th annual Mira Award gala in Indianapolis. TechPoint cites efforts including the $250 million Next Level Indiana Fund, a measure requiring public schools to offer computer science and leading the charge to bring India-based Infosys (NYSE: INFY) to Indianapolis. TechPoint Chief Executive Officer Mike Langellier says the state's continued tech growth over the...

  • (photo courtesy of the American Enterprise Institute)

    Former White House Official Joins Kenzie Academy Board

    Indianapolis-based Kenzie Academy has added former White House and cabinet official John Bailey to its advisory board. Bailey is a former domestic policy advisor in the White House and also previously served as the deputy policy director to the U.S. Secretary of Commerce.

  • The bill heads back to the House for final approval.

    Senate Approves Data Center Bill

    A bill designed to support the growth of data centers in Indiana has passed the Indiana Senate. House Bill 1405 provides a state sales and use tax exemption for the purchase of certain equipment for data centers depending on the developer's investment in the project.

  • (file photo)

    Report Shows Growth in Indiana Tech Employment

    A new report from Illinois-based tech industry association CompTIA says tech-related employment in Indiana grew by nearly 2 percent in 2018. The Cyberstates 2019 report says Indiana added more than 3,400 tech jobs last year and the tech sector had an estimated $16 billion impact to the state's economy. The report says Indiana ranks 21st nationwide in net tech employment. The state has nearly 185,000 tech workers, which represents nearly 6 percent of Indiana's total workforce.

  • Cummins CIO Sherry Aaholm is the new TechPoint board chair.

    TechPoint Names Board Chair, Executive Committee

    Indiana's technology initiative has named a new chair of its board of directors, along with the board's 2019 executive committee. Sherry Aaholm, vice president and chief information officer for Columbus-based Cummins Inc. (NYSE: CMI) will lead the TechPoint board.

  • Megan Glover is the founder and CEO of 120WaterAudit.

    120WaterAudit Wins Global Pitch Competition

    Zionsville-based 120WaterAudit LLC is adding to its list of accolades. The cloud-based water testing and services platform took the top prize in a pitch competition as part of the ImagineH20 global accelerator, which featured a dozen other companies from five countries. Megan Glover, founder and chief executive officer of 120WaterAudit, says being able to present in front of 30 industry professionals in San Francisco was a huge boon for her company. In an interview with...

  • The panel, hosted by Beck Communications Group President Lara Beck, was part of an all-women edition of Inside INdiana Business.

    Special INsiders Panel: Women in The Workplace

    Women continue to be underrepresented in industries including technology and government, despite making up more than half of the population. During a special all-women edition of The INsiders on Inside INdiana Business With Gerry Dick, Springbuk Vice President Nicole Bickett, Hallowell Consulting President Jennifer Hallowell and Laurie Jones with INHP offered up suggestions to bridging that gap, including reaching girls as early as elementary school, encouraging companies to be...

  • Griffith (left) talked about the company with Kristen Cooper on an all-women edition of Inside INdiana Business.

    Tech Startup Focusing on Family Moments

    An app created by an Indianapolis mom and former Microsoft employee aims to help other moms better organize their favorite family moments. Carrie Griffith is the founder and chief executive officer of Little Nugget, which allows users to upload pictures of their children and families and turn them into something meaningful with personalized artwork or text. Griffith appeared on a special all-women edition of Inside INdiana Business and talked about how her background played...

  • Caitlin Coffman, Founder/CEO MomentPath

    Childcare Software Receives Support

    Indianapolis-based child care software and day care app MomentPath has received an investment from the Innovate Indiana Fund. The fund, which supports an entrepreneurial environment in the state, has invested $150,000 in the company. The app offers scheduling, billing, curriculum planning and daily reports for parents and teachers. Founder and Chief Executive Officer Caitlin Coffman says MomentPath also builds confidence between teachers and parents. 

  • Brian Dixon is the director of public health informatics for the Regenstrief Institute.

    Startup Day Brings Federal, Local Officials Together

    Local, state and federal leaders gathered at the Regenstrief Institute in Indianapolis this week to discuss innovations in healthcare and technology in Indiana. Indiana Startup Day included remarks from Ed Simcox, chief technology officer for the U.S. Department of Health and Human Services and also spotlighted seven Indiana healthcare startups. Brian Dixon, director of public health informatics for the Regenstrief Institute, says the goal of the event was for federal officials...

  • Tim Day is the senior vice president of the Chamber Technology Engagement Center.

    Study: Rural Broadband Offers Billions to Indiana's Economy

    A study from an affiliate of the U.S. Chamber of Commerce suggests Indiana could benefit significantly from having improved rural broadband access. "Unlocking the Digital Potential of Rural America" says Indiana could add more than $2 billion to its GDP each year if the entire rural community had broadband services. The study was conducted by the Chamber Technology Engagement Center.  In an interview with Inside INdiana Business Reporter Mary-Rachel Redman...

  • Edify bills itself as a Business Communications as a Service platform.

    Tech Vets Launch Communications Platform

    Two former executives from Indianapolis-based Sharpen Technologies have launched a new company. Bracken Fields and Cameron Weeks unveiled global business communications platform Edify, which will be based in Carmel, this week at the Enterprise Connect event in Orlando. Edify bills itself as a Business Communications as a Service platform, combining communications, contact center and customer success functions. The company says its platform also uses machine learning to enhance...

  • Eleven Fifty is headquartered at Launch Fishers.

    Eleven Fifty Partnering With Salesforce on Training

    Fishers-based Eleven Fifty Academy has announced a partnership with Salesforce.com Inc.'s (NYSE: CRM) Pathfinder Training Program. The academy will work with the tech giant to help train Indiana workers for careers in software development. Salesforce partnered with Deloitte to begin the Pathfinder Training Program in 2017. It's designed to train participants for technology jobs within Salesforce, specifically administrator and developer positions. When it launched...

  • Stephanie Corliss and Thor Wood launched SnapShyft in 2016 after winning the inaugural Indy Startup Challenge.

    SnapShyft Expanding to San Francisco

    Indianapolis-based SnapShyft has announced plans to open an office in San Francisco. Chief Executive Officer Thor Wood says the move gives the hospitality staffing platform access to "a strategic location with highly-dense F&B (food and beverage) and hospitality markets." SnapShyft allows businesses including caterers, hotels, banquet facilities, concert and sporting venues, bars, restaurants and more to post shifts they need covered. The platform connects them with...

  • Mike Simmons is the chairman and CEO of Sharpen Technologies.

    Sharpen Technologies Raises $15M

    Indianapolis-based Sharpen Technologies has secured $15 million in capital growth funding. The tech company says it plans to use the funding to help grow its sales and marketing teams and expand its product portfolio.

  • Josh Ross is the co-founder and CEO of Kerauno.

    Kerauno Closes Massive Funding Round

    Indianapolis-based tech company Kerauno has secured more than $25 million in Series A funding. The global communications workflow provider says the the funding round is the largest single series A capital raise in Indiana history. The announcement comes more than a month after Kerauno detailed plans to invest more than $5 million to establish its official headquarters in Indianapolis and add up to 112 jobs by 2022. The massive funding round included several investors such as...

  • Infosys Celebrates One Year in Indy

    India-based Infosys (NYSE: INFY) opened its first Technology and Innovation Hub in Indianapolis a year ago. The information technology company celebrated its first anniversary in Indy Wednesday along with Mayor Joe Hogsett. Rick Cardwell, vice president and head of the Midwest region for Infosys, says the company has already hired 500 people for the $9 million hub, located in the OneAmerica Tower in downtown Indy, on the way to its goal of adding 3,000 jobs by the end of 2023.

  • (photo courtesy of ManTech)

    ManTech Opens R&D Lab at Crane

    Virginia-based ManTech International Corp. has opened a new warfare laboratory at Naval Surface Warfare Center Crane. The company says the lab will be used to research and develop advanced weapon systems and cyber warfare capabilities.

  • Tech Company Raises $1.5M, Rebrands

    Indianapolis-based tech company ZIO is relaunching as OpenMartech. The company says the rebranding follows a $1.5 million fundraising effort to create what it says is the retail industry's first open marketing hub. 

  • (photo courtesy of Digital Crossroads at Lake Michigan)

    Director Named For Hammond Data Center

    The $40 million data center currently being built in Hammond has a new leader. The Digital Crossroads at Lake Michigan says David Hood will serve as managing director of operations. 

  • Rudd says the program marks the state's largest single investment in broadband to date.

    Broadband Access 'Local Economic Development Issue'

    As the state rolls out its $100 million Next Level Broadband Program, the director of broadband opportunities says he’s already seeing cities, towns and regions collaborating “in ways that we don’t see typically.”  Scott Rudd says the lack of high speed internet access in some areas of the state has created a sense of urgency.  “Folks from children to seniors to businesses to government, quite frankly are struggling with this issue,” said ...
  • Chris Byers is the CEO of Formstack.

    Formstack Acquires Massachusetts Company

    Fishers-based tech company Formstack has acquired Massachusetts-based online data integration platform Bedrock Data. Formstack says the deal has allowed it to develop a full workplace productivity suite to directly compete with companies like Dropbox and Conga.

  • The company says it will add 10 engineers each moth.

    Chicago Tech Company Adding Hundreds of Indy Jobs

    Chicago-based ActiveCampaign has announced plans to expand in Indianapolis and add more than 200 jobs. The sales and marketing automation platform says it will invest more than $10 million in its Indy operations to keep up with growing demand. ActiveCampaign, which employs 400 at its Chicago, Sydney and Indianapolis offices, says its annual recurring revenue has grown more than 700 percent over the last three years, topping $60 million. The company opened an Indy office on...

  • Ross is a northwest Indiana native and Purdue graduate.

    Astronaut to Speak at Cancer Center Benefit

    Former NASA astronaut Jerry Ross will speak Wednesday at Munster's Center for Visual & Performing Arts. The veteran of seven space flights and northwest Indiana native will speak as part of a benefit for the city's Cancer Resource Centre. The Purdue University graduate logged nearly 1,400 hours in space. He is also a U.S. Air Force veteran and author of three books. We will speak at the Center For Visual & Performing Arts' annual "Share The Love" event.

  • Powderkeg CEO Matt Hunckler says the platform has more than 10,000 members.

    Powderkeg Closes Nearly $1M Round of Funding

    Indianapolis-based tech networking platform Powderkeg says it has closed its first capital raise. The organization says it raised $900,000 in a round led by Indy-based Elevate Ventures and involving Stout Street Capital and former Salesforce Marketing Cloud Chief Executive Officer Scott McCorkle. Powderkeg says the funding will boost access for its more than 10,000 members to tech companies, products and industry leaders. "What we really want to focus on now is creating more...

  • (photos courtesy of Kenzie Academy)

    Kenzie Adds Tech Vet to Inaugural Board

    Indianapolis-based Kenzie Academy has announced the first members its board of trustees. The coding school has appointed Travelocity.com and Kayak.com founder Terry Jones and Indianapolis philanthropist Kathy Hubbard as the first members of the board.

  • (photo courtesy of GadellNet Consulting Services)

    IT Consulting Firm Growing in Carmel

    Carmel-based GadellNet Consulting Services is touting its growth in 2018 and plans to continue that momentum over the next two years. The IT managed services firm says it added 26 jobs last year and expects to add 20 more by the end of 2019.

  • Lev Bringing Headquarters to Indy

    Marketing technology consulting firm Lev has announced plans to relocate its headquarters to Indianapolis. The company, which is currently based in Arizona, says it plans to hire 70 employees this year, part of a previously-announced effort to create up to 175 jobs by 2021. Lev has had a presence in Indianapolis for nearly three years and Chief Executive Officer Michael Burton says, since that time, the company has outgrown every space it has occupied in Indy. In an interview with...

  • Michael Burton is CEO of Lev.

    Jobs Announcement Set For Indy

    Arizona-based tech company Lev will Tuesday make a jobs announcement in Indianapolis. Few details were provided, however Mayor Joe Hogett's office says the announcement will take place at the company's new office inside Regions Tower in the city's downtown. 

  • (photo courtesy of Purdue University)

    New Center Designed to Lower Computing Costs

    The high cost of computing has led to a new collaborative center that will work to lower costs while protecting and supplying more power to make the chips perform at higher levels. Purdue University says researchers are limited in how small main computer components can be made, but instead of placing more transistors on a single chip, companies have been trying to stack multiple chips into a single assembled unit to boost performance and keep costs low, a technique called...

  • SteadyServ is headquartered in Fishers' IoT Lab.

    SteadyServ Eyes Quick Chapter 11 Rebound

    A Fishers-based data analytics company for the beverage industry says it looks to emerge from Chapter 11 bankruptcy "promptly" as it continues the transition from beer waste reporting to total beverage management solutions for retailers and suppliers. Co-founder and Chief Executive Officer Steve Hershberger says the company has a "good plan and best-in-class product," and believes SteadyServ will exit in a stronger position to move forward in what he...

  • Carmel Education Tech Firm Changes Name

    Carmel-based education and technology firm CuroGens Learning has changed its name and relaunched as GoNext Education. The company says the new brand better reflects its mission of personalized, authentic learning.  “We are very enthusiastic about continuing our great learning strides under a more inspiring new brand name,” said Ole Hjorth, GoNext Chief Learning Officer. 

  • Strategic Partnership to Focus on Employer Branding

    Indianapolis-based marketing agency Element Three has announced a strategic partnership aimed at boosting employer branding among tech companies. President Tiffany Sauder says the partnership with Powderkeg will help companies focus on using their brand to attract and retain top talent and build employee engagement. Powderkeg is an Indy-based startup connector whose annual tech census showed talent remains a challenge among tech companies in the Midwest. In an interview with...

  • (photo courtesy of TechPoint)

    TechPoint Announces 2019 Mira Nominees

    Indiana's technology initiative has released the nominees for the 20th annual Mira Awards. TechPoint says the winners, to be selected from a list of 109 companies, organizations and individuals, will be announced April 13 in front of a sellout crowd of 1,300 at the JW Marriott in Indianapolis. A group of 48 independent subject matter experts selected the nominees. Later this month, judging panels will interview the nominees before selecting the winners.

  • Passageways Opens New Office, Adds Jobs

    Lafayette-based software company Passageways has announced the opening of a new office and plans to add 30 new positions. The office on the 10th floor of the Regions Tower in downtown Indianapolis will give the company three locations, after its headquarters in Lafayette and an office in the United Kingdom.

  • Tech vet Aman Brar launched Canvas in 2017.

    Indy-Based Canvas Acquired

    Indianapolis-based text-based interviewing platform Canvas has been acquired by Jobvite in California. Canvas Chief Executive Officer Aman Brar says the company's headquarters will remain in Indianapolis, and all Canvas leaders and employees will be retained. The acquisition comes as Jobvite announced a $200 million majority investment from private equity firm K1. The company also acquired recruitment marketing company Talemetry and employee referral and internal mobility...

  • (image courtesy of TechPoint Foundation for Youth)

    Grants Leading to Growth in State Robotics Teams

    An effort to grow the number of schools offering robotics programs is showing signs of success. The Indiana VEX Robotics State Championship is set to take place next month at Lucas Oil Stadium in Indianapolis and the TechPoint Foundation for Youth says the amount of robotics teams throughout the state is on the rise. George Giltner, state director of robotics for the organization, says out of nearly 1,900 schools throughout Indiana, 645 of them have at least one robotics team...

  • New Jersey Company to Acquire Determine

    New Jersey-based Corcentric Inc. has announced plans to acquire Determine Inc., headquartered in Carmel. The company, which specializes in procurement and finance solutions for a variety of industries, says the $32 million deal is expected to close in the second quarter. Determine was originally based in Silicon Valley, but in June 2016 announced plans to relocate its global headquarters to the Hamilton County city. Determine is a tech company whose cloud-based platform provides...

  • Kenzie Academy to Grant $300K in Scholarships

    Apprenticeship and coding school Kenzie Academy is partnering with Jobs for America's Graduates to grant $300,000 in scholarships to current high school seniors and recent alumni across the state. The scholarships will give JAG Indiana seniors and alumni the chance to study several tech fields for a reduced tuition rate. 

  • (photo courtesy of mAccounting)

    mAccounting Under New Ownership

    Indianapolis-based outsourced accounting and tax firm mAccounting has been acquired. inDinero, a financial solutions firm headquartered in Oregon, says the deal will allow it to "supercharge" the mAccounting platform. Financial terms of the acquisition are not being disclosed.

  • Purdue Startup Awarded Air Force Contract

    A Purdue University-based cybersecurity software startup could soon help monitor high-value assets for the U.S. Air Force. SensorHound Inc. has been awarded a Small Business Innovation Research Phase 1 contract sponsored by the Air Force and AFWERX, the Air Force's technology hub. The Air Force is interested in the company's environmental condition monitoring and tracking device, Beagle. 

  • (photo courtesy of Techshot)

    Techshot Tissue Printing Innovation Ready to Launch

    A device created by Greenville-based Techshot Inc. is one step closer to heading into space. The company says the Techshot BioFabrication Facility, which is designed to 3D print human tissue in space, successfully passed testing at a NASA facility in Alabama and is expected to be sent to the International Space Station this summer. Rich Bolling, vice president of corporate advancement for Techshot, says the company is currently putting the final touches on the BFF before...

  • The school opened its first Indianapolis location in 2017.

    Purdue Polytechnic Announces Second Location

    Purdue Polytechnic High School has announced the location for its second charter school, set to open this summer. The STEM-focused high school will be in the former Central Indiana Community Foundation building in Indianapolis' Broad Ripple neighborhood. The school is planning for an inaugural class of up to 150 freshmen for the 2019-2020 school year.  Purdue says the building will be a temporary location owned and operated by Indianapolis-based Keystone Group.

  • (photo courtesy of Indiana University)

    IU Awarded NSF Funding for Jetstream Project

    The Jetstream project at Research Technologies at Indiana University has received more funding from the National Science Foundation. The $1.3 million in additional funding will help finance the Jetstream cloud system through 2020. The project has received $13.7 million from the NSF since 2014. The user-friendly cloud environment was created for researchers and students to gain access to data analysis resources on demand. 

  • (photo courtesy of MetroNet)

    MetroNet Acquires Michigan Company

    Evansville-based MetroNet Fiber Inc. is growing its footprint. The telecommunications provider has acquired LightSpeed Fiber Communications in Michigan. Financial terms of the deal are not being disclosed, however MetroNet says it plans to invest up to $100 million to further expand services in Michigan. The company says it will bring its TV and phone service to LightSpeed's Internet-only customers. LightSpeed Chief Executive Officer Jason Schreiber will take on the role ...

  • The 103rd Indianapolis 500 Presented by Gainbridge is scheduled for Sunday, May 26.

    Gainbridge: Timing Was Right For Indy 500 Deal

    The head of the parent company of the Indianapolis 500's new presenting sponsor says an "alignment of the timing" led to the multi-year deal. Group 1001 Chief Executive Officer Dan Towriss says INDYCAR's new NBC deal gives the company the opportunity to widely promote its financial services platform Gainbridge and build on its existing sponsorship deal with Andretti Autosport and driver Zach Veach. The Indianapolis Motor Speedway announced the agreement at a...

  • Brandon Boynton is the CEO of Vemity. (photo courtesy IUPUI)

    IUPUI Tech Startup Acquired

    Indianapolis-based supply chain finance and factoring company Rover180 has acquired a startup founded by two IUPUI students. The company says the technology created by Vemity will cut costs associated with invoicing and accelerated payments for the transportation industry.

  • Stephen Downs founded Digital Health Solutions. (photo courtesy of Indiana University)

    Health Startup Launches Epilepsy Software

    An Indianapolis-based health tech startup has launched its software platform. Digital Health Solutions LLC says the software will help physicians determine pediatric patients’ risk of sudden unexpected death in epilepsy, or SUDEP, during routine primary care visits.

  • Encamp, Inc. Chief Executive Officer Luke Jacobs

    IU Fund Invests in Indianapolis Environmental Company

    The Indiana University Philanthropic Venture Fund has invested $250,000 in Indianapolis-based Encamp Inc. to support its work with helping companies meet environmental compliance. Encamp Chief Executive Officer Luke Jacobs is an IU graduate, as is the company's lead technical architect, Daniel Smedema. Jacobs says the company helps clients meet environmental guidelines for clean air and water, waste disposal and hazardous material management. 

  • (photo courtesy of Mayor Joe Hogsett's office)

    Teen Tech Center Opens in Indy

    The executive director of the Martin Luther King Community Center in Indianapolis says a new tech center is a once-in-a-lifetime opportunity. Officials Tuesday celebrated the grand opening of the Best Buy Teen Tech Center, which aims to prepare teenagers for careers through hands-on experience with tech, including digital media, robotics and virtual reality. In an interview with Inside INdiana Business, Allison Luthe said the center, located in the Butler Tarkington...

  • Brett Lindsey is the CEO of Everstream.

    New Fiber Networks Set For Indy, Fort Wayne

    Cleveland-based Everstream has announced plans to invest $300 million to expand its fiber network by nearly 6,000 route miles in the Midwest. The company says the effort will include building new metro fiber networks in Indianapolis and Fort Wayne.

  • Massey's first fellowship took him to Togo, Africa. (photo courtesy of Purdue University)

    Entrepreneur Chosen For Fellowship to Africa

    A young Indiana entrepreneur is using his expertise to help families in Africa. Scott Massey, a graduate of Purdue University and co-founder of Evansville-based Heliponix, has been selected for his second Mandela Washington Fellowship to lead educational workshops in the Republic of Cameroon.

  • (photo courtesy of Best Buy)

    Teen Tech Center to Open in Indy

    Indianapolis Mayor Joe Hogsett will Tuesday join officials from the Martin Luther King Jr. Center for the grand opening of the Best Buy Teen Tech Center. The center aims to "help teens prepare for 21st Century careers through hands-on experience with tech." The Indianapolis location joins 17 other Best Buy Teen Tech Centers in 11 states. Hogsett's office says the program allows teens to gain experience with digital media, programming, music production, and design.

  • Caitlin Coffman says she's "thrilled" to grow the company in Indiana.

    MomentPath Expanding, Adding Jobs

    Carmel-based MomentPath has announced plans to expand in Hamilton County and add up to 50 jobs by 2022. The company, formerly tend.ly, provides a software platform to help preschool and child care center owners with functions including billing, scheduling and curriculum planning. MomentPath launched as tend.ly in 2014 before rebranding late last year. Founder and Chief Executive Officer Caitlin Coffman says she's "thrilled" to grow the company in the state, adding...

  • Franklin Company Launches Esports Platform

    A Franklin-based tech company has launched a platform that serves as what its chief executive officer calls "moneyball for esports." Harena Data Inc. recently closed on a $500,000 initial seed round of funding for the data platform GYO, which uses artificial intelligence to analyze data among esports players and aims to "bridge the gap between amateurism and professional esports play." Shawn Smith says esports is a multi-billion-dollar industry and many colleges...

  • Cavin said to expect an announcement soon on a presenting sponsor for the Indy 500.

    Cavin: NTT Deal Brings Unique Benefits

    The vice president of communications for IndyCar says the recently-announced series sponsorship with Japanese telecommunications giant NTT will bring benefits that extend far beyond traditional sponsorship deals. "NTT is one of the real giants in terms of technological services, and in terms of Fortune 500 companies," said Curt Cavin, who believes the deal will attract a variety of relationships that will benefit the series. "Largely, in terms of business to b...
  • Zimmer Biomet Receives Clearance For Knee System

    Warsaw-based Zimmer Biomet Holdings Inc. (NYSE:ZBH) has received FDA approval for the ROSA Knee System for robot-assisted knee replacement surgeries. The ROSA system includes 3D pre-operative tools and uses real-time data on anatomy to improve bone-cutting and restoration of natural joint movement.  

  • Kerauno launched in 2017 as a spin-off of Axia Technology Partners.

    Kerauno to Make Indy Global HQ, Add Jobs

    Indianapolis-based tech company Kerauno is detailing growth plans in the city. The company, which specializes in communications workflow software, says it will invest more than $5 million to establish its official headquarters in Indy and create up to 112 jobs by 2022. The Indiana Economic Development Corp. says Kerauno plans to move into a new office location, more than doubling its space, within six months. Kerauno says the expanded space will include...

  • Kerauno was spun off from Axia Technology Partners in late 2017.

    Tech Company to Make Jobs Announcement

    An Indianapolis-based tech company will Thursday make an economic development announcement. Governor Eric Holcomb and Indianapolis Mayor Joe Hogsett will join officials from Kerauno LLC for the event. Kerauno specializes in communications workflow software.

  • Jian Jin, an assistant professor in Purdue’s Department of Agricultural and Biological Engineering, is one of the recipients. (photo courtesy of Purdue University)

    Purdue Researchers Receive Funding

    Three Purdue University researchers have received funding for various projects from the Trask Innovation Fund to help them move through the commercialization process. Vilas Pol, Mohammad Rahman and Jian Jin received a total of $121,000.

  • (photo courtesy of Anderson University)

    Talent Incubator to Open in Anderson

    Muncie-based Ontario Systems will Wednesday open a new tech training center at Anderson University. The incubator, that will be known as "The Cube," will provide students with real-life, hands-on software engineering projects.

  • LaMothe: 'Terrific 2018' for Indiana Tech Companies

    The chief executive officer of Indianapolis-based venture capital firm Elevate Ventures says Indiana tech companies had a “terrific 2018"  when it comes to investment.  According to a TechPoint report, venture capital dollars raised in 2018 totaled nearly $135 million, with 21 notable acquisitions connected to Hoosier tech or tech-enabled companies. The nonprofit based its findings on 26 publicly-released announcements. In an interview...

  • (photo courtesy of Rose-Hulman Institute of Technology)

    Rose-Hulman Adds Summer Science, Engineering Camp

    Rose-Hulman Institute of Technology is launching a summer science and engineering camp for incoming high school juniors. Project Select is a week-long, hands-on STEM camp modeled in part after Rose-Hulman's longstanding Operation Catapult summer program for high school seniors. 

  • Leader Named For Sports Tech Accelerator

    A recently-launched sports tech accelerator has its first leader. The Indiana Sports Corp. says Jordan Fliegel, founder sports tech startup CoachUp.com and co-chief executive officer of Draft.com, will serve as managing director of Techstars Sports Accelerator Powered by Indy.

  • Eleven Fifty Says State Support Will Bring '100x Return'

    As Eleven Fifty Academy looks to expand statewide, founder Scott Jones is looking to state legislators for support. He says Next Level Jobs legislation two years ago allowed the coding academy to access about $1.5 million to grow its programs, which he says will result in $150 million in Hoosier income over 10 years. Jones is now looking for up to $20 million, which he says could lead to $1.5 billion in Hoosier income over a decade. During an interview on Inside INdiana Business...

  • McDonald will remain ClearObject's CEO.

    McDonald: ClearObject Can Now Be 'Bolder' and 'Grander'

    The founder and chief executive officer of Fishers-based ClearObject says the majority interest investment from Egis Capital Partners and ABS Capital Partners puts the Internet of Things company "more in control of our own destiny." John McDonald, who will remain the company's CEO, says working with one equity partnership rather than several investors means ideas can become reality more quickly. It also doesn't hurt, McDonald says, for that partnership to have...

  • ClearObject designs, develops and manages IoT-driven products and platforms.

    ClearObject Acquired By Equity Firms

    One of Indiana's biggest tech success stories is being acquired. Two equity firms have acquired a majority interest in Fishers-based Internet of Things company ClearObject. The company's headquarters will remain in Fishers and Chief Executive Officer John McDonald will continue to lead the management team. The companies are not releasing financial terms of the transaction. ClearObject was founded in 2010 as CloudOne, and designs, develops and manages Internet of Things-driven...

  • Kenzie Graduates First-Ever Cohort

    Kenzie Academy has graduated it’s first-ever cohort of students. Eleven graduates received a joint certificate from the Indianapolis-based coding school and Butler University’s Executive Education program. "They are on their pathway to do good work," said Kenzie Co-Founder and Chief Executive Officer Chok Ooi. "Half the class has already received full-time job offers, and they are getting jobs ranging from $50,000 a year to $70,000 ...

  • Purdue Touts Milestone For Startups

    Purdue University is celebrating a milestone in startup creation reached last year. The university says it has reached 223 startups with more than $350 million in funding and investments generated, as well as more than 300 new jobs. In an interview with Inside INdiana Business, Purdue Research Foundation Vice President of Entrepreneurship and Placemaking Greg Deason said the rise in startup activity followed a challenge by President Mitch Daniels shortly after he took office.

  • Olio Launches National Tech Platform

    Carmel-based tech startup Olio has officially launched its software platform nationwide. The company's software aims to digitally connect hospital and physician teams with post-acute providers in an effort to close the communications gap and provide more coordinated care for patients.

  • Officials broke ground on the project in August. (photo courtesy of Digital Crossroads)

    Hammond Data Center Project Secures Funding

    The developers of the $40 million Digital Crossroads Lake Michigan Data Center campus in Hammond have secured final funding for the project at the former State Line Generating Plant. Digital Crossroads says it is partnering with New York-based Star America Infrastructure Partners, which is providing equity for the first 105,000-square-foot phase of the project.

  • IU Fund Invests in Health Tech Company

    The Indiana University Philanthropic Venture Fund has announced a $500,000 investment in Indianapolis-based Diagnotes Inc. The company, co-founded by an associate professor of strategy and entrepreneurship at the Kelley School of Business, focuses on helping healthcare professionals communicate with each other, patients, and caregivers through a single platform. Todd Saxton co-founded Diagnotes along with Chief Executive Officer Dave Wortman and Bharath Bynagari. Wortman says...

  • Co-founder Don Aquilano says the fund targets "passionate, Midwest entrepreneurs."

    Allos Ventures Makes First Close For New Fund

    Indianapolis-based venture capital firm Allos Ventures has announced the first closing for its latest fund, Allos III. The firm says the fund will continue its focus on early-stage B2B software and tech service companies in the Midwest. Allos says the fund will mostly target leading Series A and B rounds of funding, but will also take part in smaller startup rounds with seed-stage investors. Co-founder and managing partner Don Aquilano says the fund allows Allos to continue investin...
  • Hunckler says Powderkeg is planning more tech census studies in 2019.

    Hunckler: Heartland Outpacing the Valley, But…

    The chief executive officer of Indianapolis-based startup connector Powderkeg says surveys of eight emerging tech hubs show Middle America is more than holding its own when it comes to scaling technology startups. But Matt Hunckler is quick to add that Indiana and other heartland regions face a daunting challenge:  talent. "When you benchmark the fastest growing tech companies in the heartland against the fastest growing tech companies in the Valley, they are actually...

  • Deadline Approaching For TechPoint Sales Bootcamp

    TechPoint is counting down the days before closing applications for the next session of its Sales Bootcamp. The state's technology sector initiative says the six-week program aims to provide participants with on-the-job training so they can land full-time sales jobs.

  • (Image courtesy of Cook Group)

    Cook Medical Purchases North Carolina Cigarette Factory

    Bloomington-based Cook Medical has finalized an agreement to purchase a former North Carolina cigarette factory. The medical device manufacturer completed an agreement to buy the facility in Winston-Salem's Whitaker Park and plans to convert a section of the longstanding R.J. Reynolds facility into a medical device manufacturing facility this year.  The 850,000 square foot building was built in 1961 and will house Cook Medical's 650 Winston-Salem employees