Tech Companies

ExactTarget confirms Atlanta expansion

May 17, 2013
Dan Human
Indianapolis-based digital marketer ExactTarget Inc. plans to add 225 jobs over the next five years in Georgia.
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ExactTarget loss widens as revenue grows

May 10, 2013
Dan Human
ExactTarget continues to spend down its sales gains so that it can grow its business.
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Interactive Intelligence shares soar after forecast upgrade

May 7, 2013
Dan Human
The tech firm's shifting emphasis toward cloud services has boosted sales and profits. Strong results for the first quarter lifted its stock as much as 20 percent Tuesday.
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Entrepreneurs vie for invites to reality TV summer camp

May 4, 2013
Dan Human
Twelve lucky entrepreneurs chosen from hundreds of applicants will spend two months this summer in a luxury facility working on bringing new business ideas to market.
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Venture capital favoring later-stage firmsRestricted Content

April 27, 2013
Dan Human
Getting $50,000—often from friends and relatives—to develop a product and set up a company still is easy enough in Indiana, small-business leaders and venture capitalists say. But once a firm needs a few million dollars to grow into a revenue-generating operation, the area can’t compete with Silicon Valley’s magnetism for venture capital.
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Report: ExactTarget mulling 200-person Atlanta office

April 19, 2013
Dan Human
The expansion by the Indianapolis-based digital marketer would follow its $95.5 million purchase last year of Atlanta-based marketing automation firm Pardot.
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Latest ChaCha version taps new source for answers

March 27, 2013
Dan Human
The iKnow system will be introduced alongside other changing features with the launch of ChaCha 2.0, which will likely happen in early April, company founder Scott Jones said.
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Software maker plans 400 hires, including 250 in Indianapolis

March 25, 2013
Dan Human
Interactive Intelligence says it needs more workers to handle increased business as it attracts larger clients and grows its sales related to cloud data storage and management.
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ExactTarget stock sluggish 1 year after IPO, but analysts bullish

March 22, 2013
Dan Human
Analysts remain bullish on the Indianapolis-based email marketing firm despite its sluggish stock price, due to the company's strong revenue and aggressive investment in research and acquisitions.
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Tech firm moves downtown, plans big expansion

March 22, 2013
Dan Human
Explosive sales growth and the desire to recruit young, energetic employees has led 5-year-old Axia Technology Partners to move downtown as it prepares to double its workforce this year.
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Online used-car marketplace expands into CincinnatiRestricted Content

March 16, 2013
 IBJ Staff
MaxTradein, which allows dealers to bid on cars, adds former ChaCha executive to pursue roll-out to 30 markets.
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Ex-Marcadia executive co-founds software firmRestricted Content

March 16, 2013
Chris O'Malley
A fixture in Indianapolis' startup community, Marcadia Biotech co-founder Kent Hawryluk is backing a project management software firm.
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Indianapolis software firm plans to add 95 jobs by 2016

March 12, 2013
Tinderbox said it is boosting its work force as part of a $540,000 expansion of its cloud-based IT business.
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Indiana's tech efforts on national radarRestricted Content

March 2, 2013
White House summit on tech startups included only 11 states after evaluation of tech economies in all 50.
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City mulls creation of 'high tech district' for ExactTarget

February 25, 2013
Cory Schouten
ExactTarget Inc. could get a 10-year tax break on an unspecified investment in new equipment if the City-County Council agrees to designate several parcels tied to the Indianapolis-based company as a "high technology district."
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ExactTarget loss grows, but revenue hits record

February 22, 2013
 IBJ Staff
Marketing software developer ExactTarget Inc. took a bigger loss in the fourth quarter due to higher expenses, the Indianapolis-based company announced Thursday.
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Allos Ventures raises $40 million for early-stage tech firmsRestricted Content

February 16, 2013
Chris O'Malley
Allos Ventures has raised $40 million from local tech industry luminaries and others to invest in early-stage tech companies in the Midwest, a segment that has seen funding dry up. The fund, Allos II, aims to invest $3 million to $7 million each in about a dozen early-stage companies—not upstarts but those already generating solid revenue streams.
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Angie's List shares soar on first-ever quarterly profit

February 14, 2013
Chris O'Malley
Shares of Angie's List shot up 26 percent, or $3.65 a share, in trading late Thursday morning as its latest quarterly report showed vastly improved results and indicated the firm might have turned the corner.
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Surge in orders boosts Interactive Intelligence revenue

February 5, 2013
Scott Olson
Company profit in the fourth quarter fell to $2.3 million, however, as it spent more to invest in sales, marketing and research and development.
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Maker of app that helps not-for-profits gets seed fundingRestricted Content

January 26, 2013
 IBJ Staff
Cause.it, founded by students from I.U. and Purdue, was awarded $500,000 by Innovate Indiana.
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Trafalgar company bringing reflective technology to consumer marketRestricted Content

January 19, 2013
Chris O'Malley
Halo Coatings, founded in 2007, spent its early years licensing its proprietary reflective technology for powder-coating applications to companies involved in highway infrastructure, such as guardrails. But it's now shifting its focus to the big players in the apparel, medical and consumer-product fields.
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Former BrightPoint exec joins Angie’s List as COO

January 17, 2013
Scott Olson
J. Mark Howell will join the Indianapolis-based public company March 1. Howell previously spent 18 years as an executive with BrightPoint Inc., which was acquired in October by California-based Ingram Micro Inc.
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ExactTarget stock finishes year in positive territoryRestricted Content

January 12, 2013
The marketing software maker that went public in March is ahead of its offering price even as it suffers because of some competitors' woes.
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Legal fight fuels tensions in tight-knit tech worldRestricted Content

December 29, 2012
Chris O'Malley
A trademark-infringement case brought against App Press LLC threatens to smother the tech startup in legal fees before it reaches its potential.
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G3 Technology Partners acquired by Minnesota firm

December 19, 2012
 IBJ Staff
G3 Technology Partners, an Indianapolis-based business communications company with 120 employees, has been acquired by Eagan, Minn.-based ConvergeOne, the companies announced Tuesday.
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  1. In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.

  2. I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?

  3. Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!

  4. See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.

  5. I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.

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