Tech Companies

Health care cloud firm expanding, adding 62 jobs

November 15, 2013
 IBJ Staff
The Zionsville-based firm said it will spend $1.4 million to lease and equip a 16,626-square-foot headquarters facility at Northwest Technology Park to allow for the expansion.
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Ex-Omnicity CEO blames bank for bankruptcy filing

November 8, 2013
Chris O'Malley
In his complaint, Greg Jarman alleges an improper account freeze created a liquidity crisis and scuttled plans by a major investor to make a cash injection into the company.
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Twitter soars as shares debut on stock market

November 7, 2013
Associated Press
The stock opened at $45.10 a share on Thursday, 73 percent above its initial offering price. Tempering expectations was a big theme leading up to the IPO, but that flew out the window with the stock's opening surge.
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T2 Systems loses tax break over technicality

November 7, 2013
Dan Human
The software developer moved across town to a new address in 2012, which nullified its agreement with the city—although it's still on track to meet its goals for new investment and hiring.
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Interactive Intelligence rebounds with third-quarter profit

November 5, 2013
Dan Human
The Indianapolis-based company, which develops software for call centers, continued to pick up more big sales as it focused more on cloud-based services.
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Five tech firms with varied niches are on promising trajectoriesRestricted Content

October 26, 2013
Dan Human
Reaching the publicly traded level might not happen for anyone in the next year or two, but Indianapolis has several companies (including Jeff Ready's Scale Computing) that have hoisted themselves out of the often-shaky startup phases and are ready to take off.
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Tech deal escalates battle of titans

October 26, 2013
Dan Human
The CEOs and of four cloud marketing companies--two national and two local--might make Indianapolis into a bridge between two feuding Silicon Valley giants. Or put the city in the middle of an aggressive arms race in one of the tech industry’s hottest markets—cloud marketing.
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Investors pour $5 million into beer technology firm

October 21, 2013
Dan Human
Carmel-based SteadyServ Technologies expects to roll out its keg-sensor system early next year and trigger an aggressive hiring phase.
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Tech companies building a charitable nicheRestricted Content

October 19, 2013
Dan Human
An emerging group of software companies focused on serving charities—combined with the fact the city is home to the only philanthropy college in the country—could make the area a hotbed for an often-ignored area of business.
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Soards returns to Indiana to take AT&T's top post

October 17, 2013
 IBJ Staff
A Butler University graduate, Bill Soards served on the Indianapolis City-County Council from 1999 to 2003, starting at age 25, and was a member of the Boone County Council from 2004 to 2009.
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ExactTarget's role expands at new parent firm

October 17, 2013
Dan Human
ExactTarget CEO Scott Dorsey and his team have taken the reins of the Marketing Cloud unit at Salesforce.com, a move that has analysts raving.
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Up-and-coming local tech firm Compendium sold to Oracle

October 17, 2013
 IBJ Staff
Indianapolis-based technology firm Compendium, which was started by ExactTarget Inc. co-founder Chris Baggott, has been acquired by Silicon Valley-based tech giant Oracle Corp., the companies announced Thursday morning.
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ExactTarget lauded for Facebook softwareRestricted Content

October 12, 2013
The Indianapolis-based digital marketer developed a program called Active Audiences, which lets companies better tailor advertisements to individual customers as they scroll around the social network.
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CIK Enterprises changes name, plans more growth

October 10, 2013
Dan Human
The Indianapolis-based marketing technology firm now calls itself Perq LLC after consolidating its three companies into one.
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iGoDigital founder drops lawsuit over acquisition payout

October 7, 2013
Dan Human
Eric Tobias, who founded iGoDigital, has dropped a federal lawsuit that stemmed from the tech company’s $21 million buyout last year.
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Donor-management software startup plans to add 70 jobs

October 7, 2013
 IBJ Staff
Bloomerang is led by technology entrepreneur Jay Love, who sold the donor-management firm eTapestry for $25 million in 2007.
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Longtime T2 Systems CEO stepping down

October 2, 2013
Dan Human
Mike Simmons, who began the company with business partner Steve Howard in 1994, will keep his ties to T2 in a less hands-on role as its chairman.
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Another top executive leaves Angie's List

October 1, 2013
Chris O'Malley
Shares of the consumer review service have dropped more than 12 percent since the company announced Monday that Chief Technology Officer Manu Thapar had departed. The firm recently hired a new chief financial officer.
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Data startup snags $2.1 million venture investment

September 30, 2013
Dan Human
Perceivant, on the receiving end of a venture capital infusion, was founded in 2012 by veterans of iGoDigital and ExactTarget.
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Angie's List's believers, doomsayers dig in their heelsRestricted Content

September 28, 2013
Greg Andrews

As Angie’s List approaches its second anniversary as a public company, investors remain as split as ever on whether the consumer-review company is wildly overvalued or a revolutionary Internet business still in its infancy.

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Tech firm plans to axe 54 workers in Carmel

September 23, 2013
 IBJ Staff
Stamford, Conn.-based Frontier Communications Corp. said it has automated a number of systems at its collection center at 11799 N. College Ave. and will no longer need the workers.
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Fishers plans new development on train-station site

September 21, 2013
Andrea Muirragui Davis
Incentive deals are on the table to keep two high-potential businesses in Fishers, and the town is poised to pull the trigger on redevelopment of the Fishers Train Station property—where one of the firms could occupy third-floor office space.
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Entrepreneur not sold on flight times between Indy, San FranciscoRestricted Content

September 14, 2013
Kathleen McLaughlin
The nonstop connection to Silicon Valley that Indianapolis' tech community has been clamoring for is here, but a leading advocate for the service said it doesn’t meet his industry’s needs.
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Gmail’s new 'Promotions' tab creates hurdle for email marketersRestricted Content

September 14, 2013
Dan Human
The change led to an immediate drop in email open rates, from about 13 percent to 12.5 percent, according to MailChimp, an Atlanta-based email marketer, which analyzed 1.5 billion emails it sent around the time Gmail changed.
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AT&T Indiana president Fleetwood leaves company

September 13, 2013
Dan Human
George Fleetwood, the head of AT&T's Indiana operations for more than 13 years, has quietly stepped down "to pursue other interests."
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  1. It is nice and all that the developer grew up here and lives here, but do you think a company that builds and rehabs cottage-style homes has the chops to develop $150 Million of office, retail, and residential? I'm guessing they will quickly be over their skis and begging the city for even more help... This project should occur organically and be developed by those that can handle the size and scope of something like this as several other posters have mentioned.

  2. It amazes me how people with apparently zero knowledge of free markets or capitalism feel the need to read and post on a business journal website. Perhaps the Daily Worker would suit your interests better. It's definitely more sympathetic to your pro government theft views. It's too bad the Star is so awful as I'm sure you would find a much better home there.

  3. In other cities, expensive new construction projects are announced by real estate developers. In Carmel, they are announced by the local mayor. I am so, so glad I don't live in Carmel's taxbase--did you see that Carmel, a small Midwest suburb, has $500 million in debt?? That's unreal! The mayor thinks he's playing with Lego sets and Monopoly money here! Let these projects develop organically without government/taxpayer backing! Also, from a design standpoint, the whole town of Carmel looks comical. Grand, French-style buildings and promenades, sitting next to tire yards. Who do you guys think you are? Just my POV as a recent transplant to Indy.

  4. GeorgeP, you mention "necessities". Where in the announcement did it say anything about basic essentials like groceries? None of the plans and "vision" have basic essentials listed and nothing has been built. Traffic WILL be a nightmare. There is no east/west road capacity. GeorgeP, you also post on www.carmelchatter.com and your posts have repeatedly been proven wrong. You seem to have a fair amount of inside knowledge. Do you work on the third floor of Carmel City Hal?

  5. I don't know about the commuter buses...but it's a huge joke to see these IndyGo buses with just one or two passengers. Absolutely a disgusting waste of TAXPAYER money. Get some cojones and stop funding them. These (all of them) council members work for you. FIRE THEM!

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