Susan Orr

Carmel tech firm OneCause acquired by Texas-based company

OneCause’s longtime CEO, Steve Johns, declined to disclose financial terms other than to say the deal represents “a very positive outcome” for OneCause’s investors and employees.... Read More

Audit finds no illegal activity at Elevate but state says loan remains in default

In a statement, Gov. Mike Braun said about Elevate: "We are now forward-focused on investing in, building, and growing Indiana companies together.”... Read More

Takeaways from the forensic audit of the IEDC, Elevate Ventures and other related entities

The audit firm said it identified "45 unique findings and observations related to (conflicts of interest), compliance, and financial oversight, including gaps in governance and inadequate policies and procedures."... Read More

IEDC approves $10M in federal funding to launch Indianapolis venture studio

A previously announced venture studio on the campus of Elanco Animal Health Inc.’s new Indianapolis headquarters has secured $10 million in funding via the Indiana Economic Development Corp.... Read More

IEDC board OKs public release of forensic audit of agency, affiliated entities

The Indiana Economic Development Corp.’s board of directors has approved the public release of a forensic audit of the agency and affiliated entities—but it will be next week before the public gets a look at the document.... Read More

DOC to request $15.8M for planned immigration detention site

The DOC is expected to make the funding request at a State Budget Committee meeting Wednesday morning at Indiana State University in Terre Haute, according to an agenda for the meeting.... Read More

Indianapolis-based health-tech company GeoH lands $30M investment

Indianapolis-based GeoH Inc., a fast-growing health-tech company, has secured a more than $30 million investment which the company says will help it expand into new services and geographies.... Read More

Carmel software firm reaches settlement in legal dispute with former business partner

Carmel-based software firm Max Minds LLC has reached a settlement in its legal dispute with a former business partner, Ashland, Virginia-based Triangle Experience Group Inc.... Read More

IEDC leader to depart as part of ‘evolution’ of agency

The Indiana Economic Development Corp.’s executive director, Jeff Blade, is exiting the agency after less than a year as part of what Commerce Secretary David Adams called the “evolution” of the organization.... Read More

Lawrence-based Schneider Geospatial acquires Boston software firm

Lawrence-based software firm Schneider Geospatial LLC, whose employee base has more than doubled over the past three years, is continuing that growth trajectory with its recent acquisition of Boston-based Full Circle Technologies Inc.... Read More