Tech Companies

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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Tech startup plans 150 local jobs by 2018

February 27, 2014
 IBJ Staff
Gusto LLC, a tech startup founded by former ChaCha and Overstock.com executive Shawn Schwegman, said it will invest $975,000 to launch the company and its debut product.
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BidPal battles 'cybersquatter' over online domains

February 27, 2014
Dan Human
The Indianapolis-based fundraising-software developer claims it is the victim of cybersquatting, according to a federal lawsuit it filed against InterMediaOne and InterMediaOne-AGM.
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Bluelock adds former ExactTarget exec, plans to hire 20

February 26, 2014
Dan Human
Joe Kuntz will help the cloud-services firm explore new markets. Its recent move into data recovery has sparked plans to increase headcount by about 50 percent.
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Smarter Remarketer lands $7M in venture capital

February 20, 2014
Dan Human
The funding round was led by an investment firm that threw its weight behind Indy-based ExactTarget and Angie's List before they went public. The software developer plans to double its workforce in the next 12 to 18 months.
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CloudOne nabs $2.8 million in venture capital

February 10, 2014
Dan Human
The Indianapolis-based technology firm has landed more than $7 million in venture capital since it was founded in 2009.
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Angie's List business model faces new heatRestricted Content

February 8, 2014
Chris O'Malley
At least two investor lawsuits note that the company now generates the vast majority of its revenue from the service providers it's paying members to review.
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Interactive Intelligence rallies as investments start to pay off

January 29, 2014
Dan Human
Interactive Intelligence saw revenue grow 34 percent in 2013 after changing its business model to focus more on cloud-based services.
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BidPal pushing beyond mobile biddingRestricted Content

January 25, 2014
The company’s new fundraising suite offers an array of services not-for-profits can use throughout the year, versus the one-time event help BidPal began offering in 2008.
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Investment firm ties crowd-funding to traditional fundraisingRestricted Content

January 25, 2014
Dan Human
The online investing marketplace Localstake brokered a little more than $1 million in private investments for an Indiana distillery and a solar-heating startup in 2013, through crowd-funding. Instead of receiving a T-shirt or other novelty for their money, as with typical crowd funding, contributors received an actual stake in the business.
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Website operator for cities expandingRestricted Content

January 18, 2014
Dan Human
An Indianapolis company that manages websites and processes payments for dozens of cities and towns plans to raise $2 million to grow.
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Conference puts spotlight on big-data opportunitiesRestricted Content

January 18, 2014
 IBJ Staff
Information technology consultant STLogics and a recently created big-data spinoff, Beyond Predictive, will host the Indy Big Data Conference on Feb. 11 at the JW Marriott downtown.
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Emmis fine-tuning FM radio app for automobiles

January 16, 2014
Chris O'Malley
The Indianapolis broadcasting company is in talks with automakers to marry its NextRadio app to car dashboards, creating a two-way conversation between listeners and stations.
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Software firm seeks tax breaks for HQ move, expansion

January 14, 2014
 IBJ Staff
The Consultants Consortium Inc., which does business as TCC Software Solutions, said it plans to spend about $1.3 million to renovate two buildings on a 3.6-acre property at the northeast corner of Winthrop Avenue and East 52nd Street.
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Key ExactTarget exec steps down

January 13, 2014
Dan Human
Tim Kopp, who was responsible for ExactTarget's global marketing efforts during some of its most explosive growth, says he plans to take it easy and dabble in startups and not-for-profits.
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Baggott leaves Compendium, goes whole-hog on food industry

January 13, 2014
Dan Human
The local tech titan and co-founder of ExactTarget has cut ties with his latest software venture to concentrate on his livestock and corn operations, plus a restaurant he just purchased in Greenfield.
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Young CEO has big plans for employee-training software firm

December 28, 2013
Dan Human
Upstart Lesson.ly, an Indy-based developer of training software, is run by a 25-year-old and is trying to cut into a $42 billion market dominated by titans such as IBM and Oracle.
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NEWSMAKERS: Scott Dorsey

December 28, 2013
Dan Human
One of Silicon Valley’s most prominent names placed a lot of faith in ExactTarget Inc. CEO Scott Dorsey this year.
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ExactTarget sells for eye-popping $2.5 billion

December 28, 2013
Dan Human
ExactTarget Inc. sold for more than $2.5 billion after a bidding war among some of Silicon Valley’s biggest players.
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Q&A: Well-traveled exec returns home to run software firm

December 19, 2013
Dan Human
Indianapolis native Tom Willie became CEO of local software firm Blue Pillar Inc. in November after a run with several other technology companies.
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Carmel-born Yowza!! app acquired by Arizona companyRestricted Content

December 14, 2013
 IBJ Staff
Yowza!!, a coupon phone app co-founded by a Carmel software developer, will be acquired by Arizona mobile commerce company Spindle Inc.
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IT management firm BlackInk plans downtown expansion

December 13, 2013
 IBJ Staff
Technology management firm BlackInk IT plans to expand its downtown headquarters, adding 30 workers by 2017, the Indianapolis-based company announced Friday morning.
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Region registering impressive tech-job gainsRestricted Content

December 7, 2013
Dan Human
Indianapolis’ and Carmel’s work forces were so lacking in high-tech jobs in 2001 that the void led to breakneck-speed hiring over the past 12 years as the cities caught up—faster than almost any other place in the United States.
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Software startup lands state incentives, plans growth

December 3, 2013
Dan Human
AppealTrack, which makes software that manages property tax appeals, expects to double its staff to 14 by 2016.
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Indiana appeals court hears welfare lawsuit

November 25, 2013
Associated Press
Lawyers representing Indiana asked an appeals court Monday to refund much of the money the state has paid IBM for a failed welfare privatization effort, but the company countered it's actually entitled to even more.
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