Indy Group Among Investors in Canadian Tech Company

Posted: Updated:
CrowdRiff serves clients from all over the world, including Visit Indy. CrowdRiff serves clients from all over the world, including Visit Indy.
INDIANAPOLIS -

An Indianapolis-based venture studio is among a group of investors which has provided $2 million in seed funding for a Canada-based social marketing platform. High Alpha Capital has invested in CrowdRiff, which announced a 400 percent growth in customers last year.

High Alpha is led by former ExactTarget Co-Founder and CEO Scott Dorsey. CrowdRiff says the investment from High Alpha, along with BDC Venture Capital, Gibraltar Ventures and Foundation Capital, will be used to drive product innovation, accelerate plans for hiring in sales and marketing and build out the company's visual influence platform.

"We are impressed with CrowdRiff’s growth, robust technology platform and bold vision for transforming how organizations leverage social photos to power their websites, blogs and other marketing channels," said Dorsey. "We are delighted to be investing in Dan and the CrowdRiff team."

CrowdRiff focuses on companies in the destination and travel industry. Its clients include Visit Indy, Colorado Tourism, Explore British Columbia, Pebble Beach Resorts and the Royal Ontario Museum, among others.

  • Perspectives

    • How to Find a New Audience After Hitting a Marketing Plateau

      It may sound like a marketer’s dream scenario: efforts have proven to be so successful it appears a company has completely saturated their target audience. While it may be a good problem to have, it still may be a problem. Hitting a marketing plateau is an opportunity for companies in any industry to reevaluate, re-energize and come to the table with new ideas for better understanding existing customers and engaging new audiences.

    More

Events



  • Most Popular Stories

    • Shaina Keck

      Pier 48 Manager Named

      FK Restaurant Group has named Shaina Keck sales and banquet manager for Pier 48 Fish House and Bar in downtown Indianapolis. She previously served in sales at Kilroy's Bar & Grill. Keck is a graduate of Indiana University Kelly School of Business with a bachelor of science degree in finance and accounting with a concentration in international studies.  
    • (image courtesy of The Times of Northwest Indiana)

      Crews Start Demolition of Carson's in Hammond

      The face of downtown retail in Hammond is changing once again with the demolition of Carson’s department store, the one-time the anchor of Woodmar Mall. Our partners at The Times of Northwest Indiana report excavating crews have started to demolish the last vestige of the shopping center which stood since the 1950s. 

    • (photo courtesy of WTHR-TV)

      Andrew Luck Retiring from NFL

      In a shocking development following the Indianapolis Colts' preseason loss to the Chicago Bears, quarterback Andrew Luck has announced his retirement from the NFL. Luck, who did not play in Saturday's game, said the number of injuries he has suffered throughout his professional career "has taken my joy of this game away." Luck teared up during a news conference in which he made his announcement. "After 2016 where I played in pain and was unable to regularly...

    • Alorica Inc. announces it will close its Lafayette office.

      Lafayette Call Center Closing; 147 to Lose Jobs

      A Lafayette call center is closing its doors, leaving 147 people without a job. California-based Alorica Inc. sent a letter Thursday to the Indiana Department of Workforce Development, notifying the agency of the closure. The letter is required by the Worker Adjustment and Retraining Notification Act.  

    • (Image courtesy of Northern Indiana Commuter Transportation District)

      Michigan City Commits $12M to South Shore Track Project

      The Michigan City Common Council has formally committed to contribute $12 million towards the proposed $416 million Double Track project for the South Shore commuter line. Our partners at The Times of Northwest Indiana report the council voted unanimously to pay $7 million upfront and finance the remaining $5 million through a 20-year bond issue.