New Fund Makes First Investment in South Bend Startup
Development Fund. Cobomba, which has developed an artificial intelligence software platform to help marketing professionals, says it will use the funding to... Read More
Development Fund. Cobomba, which has developed an artificial intelligence software platform to help marketing professionals, says it will use the funding to... Read More
Indianapolis-based DRONEDEK Corp. has signed an agreement with India-based defense contractor Bharat Electronics Limited to produce its smart mailbox units. The company says it could potentially spend up to $50 million for products that would be distributed worldwide.... Read More
The president and chief executive officer of 16 Tech Community Corp. in Indianapolis has announced plans to retire. Bob Coy, who in 2017 was selected to lead the nonprofit overseeing the development of the 16 Tech Innovation District, says he will step down in April.... Read More
Indianapolis-based High Alpha is the lead investor in a $10 million seed round of funding for Chicago-based software company Logik.io. The company says it will use the funding to fuel product development and go-to-market efforts in 2022.... Read More
Franklin-based Harena Data is partnering with Phenomena VR in Canada to launch a series of competitive virtual reality esports leagues. Harena Data, which bills itself as an esports community aggregator, says it will "leaguify" and manage tournaments and competitions set in Phenomena's VR esport Arena.... Read More
Colorado-based Zayo Group Holdings Inc. has announced more investment and expansion of network infrastructure in Indianapolis and Fort Wayne. The company says, at a statewide level, the expansion plans include adding more than 200 route miles over the next two years.... Read More
A tech startup described as "LinkedIn for the performing arts" has closed on a more than $1.5 million Series A round of funding. Bloomington-based Stagetime says it will use the funding to refine its platform and grow its user base.... Read More
Fishers-based tech company Formstack says it has secured a $425 million growth investment. The company, which has developed a workplace productivity software platform, says it will use the funding to accelerate growth in key areas, including go-to-market, product development, and expansion of its remote-first team.... Read More
The city of Bloomington has signed a letter of intent with global infrastructure developer Meridiam to bring high-speed internet across the city through a fiber network.... Read More
Fort Wayne-based Parkview Health has received a nearly $650,000 grant from the Federal Communications Commission. The funding will be used to launch a broadband telehealth-based diabetes management program.... Read More
A new study conducted by the Indiana University Public Policy Institute shows communities that are successful in attracting new remote workers could notch big economic wins.... Read More
Indianapolis-based tech company Encamp recently raised $12 million in a Series B round, which company founder and chief executive officer Luke Jacobs says will allow it to further grow its staff.... Read More
The next deadline for homeowners and business owners to apply for the Indiana Connectivity Program is fast approaching. ... Read More
The chief operating officer of Columbus-based powertrain maker Cummins Inc. (NYSE: CMI) witnessed the signing of the $1 trillion infrastructure bill Monday.... Read More
The Indiana Broadband Office has designated another community as ready for designation as an official Broadband Ready Community. Lieutenant Governor Suzanne Crouch's office says the program was created to encourage the development of broadband throughout the state.... Read More
The Pantheon in Vincennes will Monday hold a ribbon cutting for a new IT services company. The business incubator says RedAubsTechnology is the first startup to launch after utilizing the bus... Read More
Minnesota-based SkyWater Technology (Nasdaq: SKYT), a manufacturer of semiconductors, has announced plans to open research space at the WestGate@Crane Technology Park in Odon. The company says it is a... Read More
Terre Haute-based technology services company Joink LLC has inked a deal to expand its fiber optic network more rapidly. The company says the agreement to have DIF Capital Partners as its growth capit... Read More
The co-founder and chief executive officer of Indianapolis-based Shaker says the startup’s recently-secured $2 million seed round is validation of its efforts since launching out of the High Alpha venture studio a year ago. Shaker has developed a transaction management platform for real estate teams and says the funding will support sales and marketing growth. […]... Read More
A South Bend-based startup focused on reducing food waste has closed on a $1.1 million pre-seed round of funding. FloWaste Inc., which uses machine learning to determine how much food gets thrown away, says it plans to use the funding to scale up and improve its technology. Founder and Chief Executive Officer Rian Mc Donnell […]... Read More