Michigan Firm Earns Mira Investment Award

Posted: Updated:
Barry says he hopes his firm can become active in other regions of the state as well. Barry says he hopes his firm can become active in other regions of the state as well.
INDIANAPOLIS -

An important funding partner of two growing Indianapolis tech companies will be honored this month at the 18th annual TechPoint Mira Awards. Ann Arbor-based Plymouth Growth Partners and Partner Jeff Barry will be recognized as Investor of the Year at the April 29 event in Indianapolis. The firm last year closed on more than $5.7 million in funding for Internet of Things systems provider ClearObject and cloud solutions integrator Kinney Group. TechPoint Chief Executive Officer Mike Langellier says Indiana's tech sector depends on money, experience and connections from out-of-state venture capital firms.

Mira judges say the firm's positive working relationships with Indiana companies and its dedication to help the state's tech sector grow were major factors in the selection. Plymouth Growth Partners specializes in Midwest tech companies, specifically in the areas of software, advanced manufacturing, telecommunications and medical devices.

ClearObject (formerly CloudOne) Chief Executive Officer John McDonald says the partnership with Plymouth Growth Partners has been a "significant turning point" for the company. He says the relationship has also led the firm to become more active in the state's venture scene. ClearObject announced the funding last year.

Kinney Group CEO Jim Kinney says it is "difficult to overstate" the impact that a firm pumping $10 to $20 million in Midwest technology investments can have. Kinney Group recently announced the $6 million round of funding that included Plymouth

The 18th annual TechPoint Mira Awards are set for Saturday, April 29 at The Westin Indianapolis. Winners will be announced in more than one dozen tech categories at the sold-out event.

Barry says he would like to see his firm invest in more regions of Indiana.
  • Perspectives

    • 90 Minutes by 2020

      Chicago is the third-biggest city in the United States and more than ten million people live in the Chicagoland metropolitan area. Another seventy-six million people visit the area each year. Chicago is an international hub for commerce, and is a leader in industries like finance, manufacturing, technology, and telecommunications. It boasts the second busiest airport in the world and has one of the largest, most diversified economies in the world.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Another Illinois Company Moving to Indiana

      An Illinois-based shipping and logistics company has announced plans to relocate to Gary. HMD Trucking Inc. says it will invest nearly $6 million into a new headquarters, with plans to bring up to 500 jobs to Lake County by 2021. Founder Henry Malukas calls Gary a "perfect match" and cites several reasons for the move, including affordability to grow.

    • Indiana¬†Collectors Association Names President

      The Indiana Collectors Association has named Chris Coleman president. He is vice president of Richmond-based Finance System Inc. It is a title his father, Charles "Fred" Coleman Jr. held. Coleman has 16 years’ experience as a collector. He will help represent 72 collections agencies in Indiana that employ 5,000 Hoosiers.

    • President of Indiana's Fastest-Growing Company 'Surprised'

      The president of The Garrett Companies says he experienced one overriding emotion when he heard his Greenwood-based development business was named the fastest-growing in Indiana on the 2017 Inc. 5000 list. "We're a little bit surprised," Eric Garrett told Inside INdiana Business. "We've been trying to limit or even slow this growth a bit." The company experienced more than 2,000 percent growth year-over-year, according to the publication, and Garrett says...

    • How Elkhart Became The RV Capital of The World

      Today we all know Elkhart, Indiana as the RV Capital of the World. More than 80 percent of global RV production is based throughout the region. That means that if you see an RV rolling down the road anywhere in the world, chances are that it was built with the craftsmanship and dedication of Hoosiers.

    • University Shifts Campus From California to Indy

      A private, Christian university has relocated it headquarters from San Diego to Indianapolis. Horizon University is now based at the Horizon Christian Fellowship of Indianapolis campus on the northeast corner of Marion County. Officials say the move will help attract more on-campus and online students. Bill Goodrich is Horizon University president and has served as senior pastor of the church in the Geist area since it opened in the late-1980s.