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Hosted-service provider BlueLock on growth binge

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On The Beat Industry News In Brief

At least in some sectors, business is not stagnating and employees aren’t being marched en masse to the exit.

Indianapolis-based BlueLock, which delivers hosted services over the Internet, said it has nearly tripled its work force, to 22 employees from eight in 2008.

Three-year-old BlueLock was one of the first providers locally in the “cloud computing” realm by offering infrastructure as a service. For clients, it’s an alternative to computer infrastructure investments.

Unlike traditional hosting, such computing is sold on demand.

BlueLock is among several companies owned by Collina Ventures, an investment firm created by local tech entrepreneurs Mark and Karen Hill that also holds local tech firm Cantaloupe and Indianapolis-based Achievant.

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