MetaCX Investment Part of Growing Tech Sector
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe 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 long history of successful software companies.
In an interview with Inside INdiana Business, McCorkle said we are well past the idea that there is one place where innovation happens.
"It is Indianapolis, throughout the Midwest, east coast, west coast and I think the important point for Indiana companies is we are innovating at that level," said McCorkle. "We are part of that broader ecosystem and that’s the measure we should have. It’s are we producing companies and ideas that stand up to the test of the greatest companies around the world and we are."
The Software-as-a-Service startup began beta testing its platform in January after securing $14 million in early-stage funding from California-based venture capital firm Upfront Ventures in December. McCorkle says the company plans to close out beta testing and officially launch the platform this summer.
Governor Eric Holcomb says the investment from MetaCX adds to a growing tech sector throughout the state.
"What we’ve been able to do here right in the heart of the country has been special to watch," said Holcomb. "This is an industry and a sector that affects every other sector. We’re known for our timber industry and our limestone and our life sciences and our auto industry and manufacturing; these products touch them all and, again, add value to them all. It’s not surprising anymore because we’re on this roll; we’ve experienced such momentum here in the state of Indiana and it’s because of their vision and their focus and the state, the city partnering together and saying, ‘How can we approach this together and attract more people to this pursuit?’"
McCorkle says having the backing of the government is essential for growth.
"The support that we get from Indiana and the city lets us hire more people and then we keep growing. The idea is build a company here that is among the most important B2B software companies in the world and hopefully we execute well and there will be more."