Indianapolis-based Authenticx Inc., a business communications software company, has raised $20 million in venture funding. CEO Amy Brown said Authenticx plans to deploy its new funding in multiple ways, including hiring between five and 10 additional people.... Read More
Indianapolis-based venture studio High Alpha is making some changes to the way it cultivates tech startups, with an eye towards identifying a broader range of entrepreneurs to lead its portfolio of companies.... Read More
Muncie-based First Merchants Bank and the U.S. Department of Justice have agreed to end a settlement agreement that had been put in place in 2019 after the bank was accused of discriminatory lending practices in certain Indianapolis neighborhoods.... Read More
It might surprise you to learn that the federal government is ahead of the curve when it comes to blockchain technology—but it’s true, says SIMBA Chain CEO Bryan Ritchie.... Read More
Carmel-based Rangeline Solutions has been acquired by Sweden-based tech services firm Nexer Group, which says it plans to grow the Carmel office as part of its larger U.S. expansion plans. The companies declined to disclose the financial terms of the deal.... Read More
Indiana Wesleyan University has acquired the assets of financially troubled Indianapolis-based coding school Eleven Fifty Academy and will continue to operate it as a nonprofit, the university announced Friday after closing on the deal.... Read More
Indianapolis-based MakeMyMove, which offers a platform and services that help communities attract remote workers, recently closed on a $2 million investment to fuel the company’s continuing growth.... Read More
Idaho-based private equity firm Teleo Capital Management has acquired a controlling stake in Indianapolis-based Sharpen Technologies. Financial terms were not disclosed, and the announcement did not specify what percentage of the company Teleo now controls. ... Read More
More than half of Hoosier manufacturers surveyed by Conexus Indiana this year said they have implemented or piloted at least one digital technology into their operations—a dramatic increase from just two years ago.... Read More
Eleven Fifty Academy, the Indianapolis-based computer coding school that is in financial distress, is negotiating with Indiana Wesleyan University about a potential deal that, among other things, could lead to the university acquiring the coding school’s curriculum.... Read More
