Tech Companies
Shares of Facebook stall after company's record IPO
May 18, 2012
Bloomberg NewsFacebook sold 421million shares to raise $16 billion, giving the company a $104 billion market value. After the debut, underwriters
bought the stock to keep it from falling below the IPO price.
MoreDigital textbook firm raises millions
May 12, 2012
J.K. WallThe Indianapolis-based digital textbook company Courseload completed a new round of fundraising in April that its CEO says
gives the company the cash it needs to keep landing new university customers in what has become a fast-growing but hyper-competitive
field.
MorePurdue's Indy tech incubator nearing capacity
May 12, 2012
Chris O'MalleyOfficials consider expanding facility that got off to a slow start but began filling up last fall.
MoreInnovator Godfrey recognized for contributions to state's tech economy
May 5, 2012
Aprimo founder joins other notables as TechPoint Trailblazer.
MorePower-grid software maker lands $7M in venture capital
May 1, 2012
Chris O'MalleyIndianapolis-based Blue Pillar Inc., which makes software to manage electrical grids, has closed on $7 million in funding
from four venture capital firms, it said Monday.
MoreGrowth pushes Bluelock into black
April 28, 2012
Chris O'MalleyThe growing popularity of cloud computing is sending sales skyward for Bluelock, a 6-year-old firm that is turning a profit
and garnering national attention.
MoreBrightPoint stock sinks on lower earnings report
April 27, 2012
Kathleen McLaughlinBrightPoint Inc. stock fell as much as 12 percent early Friday morning following disappointing first-quarter earnings that
prompted the company to lower its 2012 financial forecast.
MoreAngie’s List posts larger loss, but higher revenue
April 26, 2012
The Indianapolis-based company reported a first-quarter loss of nearly $13.5 million on revenue of $31.1 million. Paid memberships
topped 1.2 million, an 81-percent increase from the same period a year earlier.
MoreInteractive Intelligence shares fall on smaller profit
April 26, 2012
Chris O'MalleyShares of Interactive Intelligence fell as much 10 percent in early trading Thursday after the Indianapolis-based software
maker reported lower earnings.
MoreAngel Learning's founder thinking big again
April 21, 2012
Chris O'MalleyIT professor Ali Jafari, who netted Indiana University $23 million on its $130,000 investment in his Angel Learning when it
sold three years ago, recently launched CourseNetworking, which allows learners across the globe to connect and chat around
shared interests and class subjects.
MoreStartups launch apps to facilitate good deeds
March 31, 2012
Kathleen McLaughlinTwo startup firms, Cause.It LLC and Trensy LLC, have created tools that link charitable behavior and consumption. Like the
hit app Foursquare, the newcomers encourage users to “check in” when they show up at events or complete activities
so they can earn rewards offered by local businesses.
MoreTechies pressing again for direct Silicon Valley flights
March 31, 2012
Chris O'MalleyHigh-tech firms have been clamoring for a couple of decades for nonstop flights between Indianapolis International Airport
and California’s Silicon Valley. One of Indiana’s tech icons made it clear recently that the need is as urgent
as ever.
MoreExactTarget soars in trading debut after initial public offering
March 22, 2012
IBJ Staff and Bloomberg NewsIndianapolis-based ExactTarget Inc., the e-mail marketing company that counts Microsoft Corp. and Groupon Inc. as customers,
gained more than 30 percent in its trading debut Thursday.
MoreExactTarget raises $161.5M in initial public offering
March 22, 2012
IBJ StaffIndianapolis-based e-mail marketing company ExactTarget priced shares in its initial public offering above the expected range
on Wednesday.
MoreEx-One Call execs turn on each other in latest venture
March 17, 2012
Chris O'MalleyLawsuit alleges two of six partners in Qtego seized control and locked them out of the northwest-side firm, which developments
telecommunications technology.
MoreExactTarget looks to raise $145 million with IPO
March 8, 2012
Indianapolis-based ExactTarget Inc., which announced an initial public offering in November, said it is seeking to raise as
much as $145 million. The company is offering 8.5 million shares for $15 to $17 apiece, according to a regulatory filing made
Wednesday.
MoreLocal associations emerging to nurture small tech firms
March 3, 2012
Chris O'MalleyHamilton County and Bloomington are among places that are nurturing small technology firms in their own back yard. Local tech-focused
organizations like theirs could stoke competition among Hoosier communities vying for coveted jobs.
MoreBrightpoint shares slide after it lowers forecast on loss of customer
February 22, 2012
Shares of the wireless-device logistics provider fell more than 8 percent Wednesday morning after the company lowered its
annual earnings guidance in response to the loss of a major customer.
MoreChaCha apologizing for 'inflammatory' answers
February 9, 2012
IBJ StaffCarmel-based ChaCha Search Inc., a question-and-answer service for mobile phone and online users, is apologizing for providing
what it calls "inflammatory answers to questions asked about sensitive subjects."
MoreTechies aim to make money from memories
February 4, 2012
Chris O'MalleyTwo DePauw University graduates are launching a website they hope will preserve the world’s memories, through a virtual
bank of shared experiences.
MoreDeveloperTown sees sale of first company it helped fund, coach
February 4, 2012
Chris O'MalleyDaily Lunch Deal sold last month after just a year in business, marking a milestone for its venture-firm mentor.
MoreInteractive Intelligence earnings slip, revenue rises
February 1, 2012
Indianapolis-based software maker Interactive Intelligence Group Inc. saw profit slip in the fourth quarter despite a rise
in revenue.
MoreExactTarget's IPO plan could draw out suitors
January 28, 2012
Greg AndrewsFirms pursuing IPOs simultaneously investigate the possibility of a sale as a matter of course, in part because doing so helps
investment bankers assess how they should price shares if they pull the trigger on an offering.
MoreNew venue will give startup crowd a place to socialize, share ideas
December 31, 2011
Francesca JaroszA group of angel investors, entrepreneurs and high-tech aficionados on Jan. 18 will launch the Speak Easy, a 5,750-square-foot
space on the southern edge of Broad Ripple that will serve as a gathering place for those active in the startup community.
MoreState supreme court upholds Indiana robocall law
December 29, 2011
Franklin College News BureauThe Indiana Supreme Court has upheld a state law restricting automated robocalls. In a 4-1 decision Thursday, the court held
the state law that requires a live operator on the phone before a recorded message doesn't violate the right to free speech.
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Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".
Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.
Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"
Pretty clear, he would love to go back and tell TG and the team owners not to split.
I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.
Truth,
So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.
I want to live in a city that has a garage structure to be proud of for it's innovating design!
Well written Anthony. I think the toughest thing for the Hulmans and true of any family company is that reality was getting more complex than could be handled by the family. Almost any family owned business must realize that or die. Tough decisions, but ones that had to be made.
I don't like the wall signage, but in this era of sports marketing it is almost required. Many folks cringed at advertising at Assembly Hall and Hinkle fieldhouse, but times and finances change.
Thanks also for reminding us the other blue chip sponsors IMS has picked up.
Not to mention how it would improve the view from the offices of the AUL building. Do you remember when Circle Center had a contest for the best roof design after the mall was completed? Great opportunity here...