For the third consecutive year, a Purdue University-affiliated company has been named to the Most Fundable Companies list from Pepperdine University’s Graziadio Business School. The business school named biotechnology company OmniVis to the prestigious list.... Read More
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 Upper Hand has closed on an oversubscribed round of funding. The software company said it will use the funding to accelerate the development of its software and payments platform, though it declined to disclose a specific dollar amount.... 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
Indianapolis-based tech company Bloomerang has selected Dennis Fois as its new chief executive officer. Fois most recently served as CEO of Copper CRM, a customer relationship management (CRM) software platform headquartered in San Francisco.... Read More
Montgomery-based RTC Communications broke ground Wednesday on a $4 million broadband project in Bicknell. CEO Kirk Lehman told our partners at WTWO-TV the project follows a feasibility study to determine if there was demand for more broadband service in city.... Read More
Global cloud-computing powerhouse Salesforce Inc. was mum on Wednesday morning about the effect on its Indianapolis operations of a major restructuring plan that will eliminate about 10% of its workforce companywide and shrink its real estate footprint.... Read More
The former CEO of Indianapolis-based TechPoint has a new gig in Indy. Mike Langellier has joined High Alpha as operating partner and head of new ventures, and the venture studio says he will help discover, refine and launch new tech companies.... Read More
An associate professor of business law and ethics at the Indiana University Kelley School of Business expects to see a growing number of lawsuits from other states against social media company TikTok. Abbey Stemler says lawmakers are skeptical of what the Chinese government might be doing with user information obtained through the Chinese-owned video platform... Read More
Indianapolis-based HKW is adding to its portfolio. The middle-market private equity firm has acquired domiKnow, a software company headquartered in Ottawa, Ontario, though financial terms of the deal are not being disclosed.... Read More
Terre Haute-based Joink LLC is continuing to expand its fiber optic network in Indiana. The technology services company says it is set to begin providing residential and business fiber internet service in the city of Brazil beginning next year.... Read More
With the passage of the CHIPS and Science Act this year, the U.S. is moving full steam ahead with growing its semiconductor industry. But Purdue University Professor Peter Bermel says the country needs to consider several factors to become competitive.... Read More
TechPoint on Wednesday announced its acquisition of the Indy CIO Network, a peer group and idea forum designed to support chief information officers throughout central Indiana. TechPoint said it is rebranding the organization to the Indiana CIO Network.... Read More
Federal agencies have mapped out how well the entire country can access the internet, and plan to use the map in a funding formula — but they need help fine-tuning it before a January deadline. The Indiana Broadband Office is calling on Hoosiers to help.... Read More
Ball State’s Center for Business and Economic Research has released the results of a nationwide study examining which areas of the country are most likely to land a semiconductor plant, and three Indiana locations are mentioned. ... Read More
Online publication Computerworld has unveiled its 2023 ranking of the Best Places to Work in IT, and three Indiana companies made the list. The ranking is based on an annual survey of readers, PR professionals, and others.... Read More
Indianapolis-based technology company VisionThree is partnering with the city of Crawfordsville to launch its first V3CONNECT lab at the Fusion 54 coworking space next month. The VR career lab is part of an $80 million effort announced earlier this year.... Read More
Indianapolis-based TrendyMinds is adding to its portfolio. The digital marketing agency announced Wednesday it has acquired Fishers-based Statwax, a performance marketing agency that focuses on data science and analytics.... 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
State economic development officials want to make sure Indiana can respond quickly to opportunities when federal dollars are doled out for innovative projects in defense, new energy and microelectronics. As part of the response plan, the Indiana Economic Development Corp. is partnering with the Applied Research Institute to jointly develop innovative strategies to attract new businesses and support existing work. ... Read More
