Tech Companies

Three other firms courted Indy's ExactTarget before Salesforce landed prize

June 13, 2013
Dan Human
At least three other companies pursued the Indianapolis digital marketer amid its courtship with San Francisco-based Salesforce.com, which led to a $2.5 billion buyout announced June 4.
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Salesforce slow to excite investors after $2.5B buyout of ExactTarget

June 10, 2013
Dan Human
Shares of the California-based cloud computing giant continue to lag after last week's announcement of its $2.5 billion offer for Indy-based marketing powerhouse ExactTarget.
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ExactTarget option gains approach $300MRestricted Content

June 8, 2013
Dan Human
xactTarget Inc.’s sale will swell the value of employee stock options to nearly $300 million—a windfall local tech experts expect will launch a wave of entrepreneurship over the next several years.
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ExactTarget sale caps success story; CEO mum on Indy work force

June 4, 2013
Greg Andrews, Dan Human, Bloomberg News
ExactTarget CEO Scott Dorsey said the company will remain “very committed to Indianapolis” after its $2.5 billion buyout by tech giant Salesforce.com, but he would not comment on potential changes to the local work force of more than 1,000 employees.
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Data-hosting firm Axia to add up to 45 jobs

May 29, 2013
The Indianapolis-based company will invest $2.8 million to expand its downtown headquarters and open a data center in Columbus, Ind.
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City-county board awards $65M in tech contracts

May 28, 2013
Mason King
The contracts will help support technology infrastructure, applications and the indy.gov Internet portals for more than 50 departments and agencies in the city-county government.
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Indy startup serves up keg beer with big data

May 24, 2013
Dan Human
SteadyServ Technologies has raised $1.5 million to help develop iKeg, which tells bar managers and beer distributors when they need to reorder.
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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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