Tech Companies

IBM, NiSource reach $600 million agreement

May 13, 2014
Associated Press
The seven-year agreement includes the creation and management of a hybrid cloud-computing system that would enable NiSource to continue to deliver services to its customers.
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Small biz program to tackle lack of Web savvy

May 13, 2014
Dan Human
The program Fight for Small will teach Indiana business owners how to wield social networks, customer review websites and the rest of the Internet to their advantage.
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Battery Ventures reaping rewards from big bet on IndyRestricted Content

May 10, 2014
Greg Andrews
The tech VC firm recently invested $7 million in Smarter Remarketer. It previously bet on Made2Manage Systems, Angie's List and ExactTarget.
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UPDATE: Interactive falls after results miss expectations

May 6, 2014
 IBJ Staff
Interactive Intelligence Group Inc. shares fell more than 19 percent Monday night and Tuesday morning after the company reported a unexpected loss in the first quarter, missing analyst predictions.
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Interactive claims top MIRA Award for second straight year

May 3, 2014
Dan Human
The top honor at the Mira Awards on Saturday night went to software firm Interactive Intelligence, while academia made waves in other categories at the annual technology-sector event.
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Indoor slides, high-paying jobs part of Interactive's expansion plan

May 1, 2014
Dan Human
A day in the life for hundreds of new employees at Interactive Intelligence Group Inc. could mean riding a slide from one floor of their office to the next while earning about $80,000 per year.
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Interactive Intelligence plans $28M building, 430 hires

May 1, 2014
 IBJ Staff
Local software firm Interactive Intelligence Group Inc. announced Thursday afternoon that it plans to hire 430 employees by the end of 2016 as part of a major expansion of its headquarters.
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Interactive Intelligence to hire hundreds in growth plan

May 1, 2014
 Associated Press and IBJ Staff
CEO Don Brown recently told IBJ that the firm expected to hire in the neighborhood of 250 workers in 2014, and also was looking at constructing an additional building by its headquarters. An announcement is set for Thursday afternoon.
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Software firm Salesvue secures $3M in venture capital

April 22, 2014
Dan Human
The Indianapolis-based firm expect to boost its employment by 50 percent by the end of the year as it expands its sales and marketing nationally.
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Local businesses struggle to make sense of Heartbleed flaw

April 16, 2014
Dan Human
Companies around Indianapolis—especially small ones without their own IT teams—are still trying to determine how or even if they were affected by the confounding Internet security gap.
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TinderBox woos executive away from Groupon

April 16, 2014
Dan Human
It’s a return to the city for David Kerr, who in the early 2000s ran Indianapolis software firm NoInk Communications alongside TinderBox cofounder and CEO Dustin Sapp.
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Tech startup Gusto lands $1.3M in venture capital

April 14, 2014
Dan Human
Elevate Ventures, which manages the federally backed Indiana Angel Network Fund, led the financing round.
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Option grant lifts compensation for Angie's List's Oesterle

April 14, 2014
Chris O'Malley
Stock options accounted for the biggest chunk of the CEO's compensation. Their value will depend on the company's future stock performance.
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San Francisco route off to flying startRestricted Content

April 12, 2014
Kathleen McLaughlin
Indianapolis business travelers pay a premium to shave a few hours and a lot of hassle off their trips to Silicon Valley, and they appear eager to do so. A new nonstop route between Indianapolis International Airport and San Francisco was about three-quarters sold in January and February, the two slowest months for air travel.
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Indy-based Web firm for coaches makes Atlanta acquisition

April 7, 2014
Dan Human
Startup dot-com BookIt Commerce Inc. is in the midst of expanding its site for vetting and marketing coaches into new markets.
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Scale Computing in midst of $7.5M private offering

April 7, 2014
Dan Human
One of the hottest tech firms in Indianapolis is more than halfway to its goal in its latest round of fundraising.
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Ex-employee files harassment lawsuit against ChaCha

April 4, 2014
Dan Human
The suit alleges that the wife of company founder Scott Jones believed he was having an affair with the employee, and the firm didn't do enough to prevent the wife from confronting and threatening her at work.
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BidPal claims domain names in cybersquatting settlement

March 31, 2014
Dan Human
The Indianapolis tech firm had sued in federal court to seize control of the Web addresses that incorporated the company's name.
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Cost-of-living chasm buoying tech firmsRestricted Content

March 29, 2014
Dan Human
A growing number of tech workers are seeking refuge in Indianapolis from skyrocketing living expenses in other cities, including technology hubs on the coasts.
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Company conducts 'global warfare' against invisible cyber threatsRestricted Content

March 29, 2014
Dan Human
Corporate executives, shaken by fears of hackers, are enlisting Rook Security and an explosion of companies like it to monitor and chase cyber criminals across borders and recover stolen intellectual property.
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Software firm TinderBox lands $3M VC investment

March 26, 2014
Dan Human
Indianapolis software developer TinderBox Inc. plans to fuel product development and build up its sales and marketing teams after receiving $3 million in venture capital.
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ExactTarget's current and former CFOs depart firm

March 11, 2014
Dan Human
Steve Collins and Traci Dolan, who both have served as ExactTarget's chief financial officer, have departed the recently acquired company.
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Angie's List hires former Travelocity tech chief

March 11, 2014
Chris O'Malley
Robert Wiseman has experience in "high-volume, consumer-centric e-commerce" after working for Orbitz Inc., Travelocity and Sabre Travel Network.
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Tech firms dangle amenities to lure sought-after workersRestricted Content

March 1, 2014
Dan Human
Industry goliaths in Silicon Valley have thrown lavish perks at employees for years. As employment in Indianapolis tech firms has skyrocketed in recent years, a lot more companies are looking for workers, heating up competition.
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ExactTarget revenue climbs, beats expectations

February 28, 2014
Dan Human
ExactTarget has produced $194 million in sales since Salesforce.com closed on its $2.5 billion acquisition in July.
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