Tech Companies

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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Medical software firm plans to expand, add 25 jobs

December 10, 2012
Indianapolis-based RND Group Inc. said it plans to spend $1.3 million to update and equip its 13,510-square-foot headquarters. The company has 27 employees.
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Tax software upstart proves appeal to major companiesRestricted Content

December 8, 2012
Chris O'Malley
AppealTrack's simplicity gains attention in growing market for firms managing property tax appeals.
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Bankrupt Omnicity acquired for $876,000 by four investors

December 5, 2012
J.K. Wall
The deal, approved last month by the U.S. Bankruptcy Court in Indianapolis, gives the investors, whose company is called Broadband Networks Inc., Omnicity’s 38-person operation, based in Rushville, as well as its 270 Internet towers around Indiana and Ohio.
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Data center N/Frame spending more on Carmel upgradeRestricted Content

December 1, 2012
Chris O'Malley
The company that hosts outsourced computer operations is dramatically boosting its investment in its local operation.
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Insurance software firm cutting 23 local jobs

November 28, 2012
Washington-based Vertafore Inc., a developer of insurance software, said it will begin layoffs at its Indianapolis office Jan. 31.
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Diagnotes takes top prize in health care challenge

November 16, 2012
Diagnotes LLC's On Call software, which delivers patient medical records to smartphones of an on-call doctor, won the inaugural Hoosier Healthcare Innovation Challenge.
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Scale Computing goes bald for Coach Pagano

November 16, 2012
Chris O'Malley
More than a dozen employees of Scale Computing had their heads shaved at work Thursday in honor of Indianapolis Colts coach Chuck Pagano, who lost his hair during treatment for leukemia. His cancer is in remission.
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TechPoint picks young entrepreneur as new leader

November 15, 2012
Chris O'Malley
Leaders for TechPoint, the statewide technology business initiative, have tapped a new president who they think is a veritable poster child for successful entrepreneurship.
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Local scientific software firm plans to add 63 jobs

November 12, 2012
Scott Olson
Indianapolis-based Indigo Biosystems Inc., a scientific software provider, announced Monday morning that it plans to add 63 jobs by 2015 as part of a $1.4 million expansion.
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Hoosier colleges discover patents aren't just for faculty anymoreRestricted Content

November 10, 2012
Chris O'Malley
Universities that once focused on faculty inventions now are encouraging students to pursue patents. Last year, 355 Purdue University students filed a patent, a 62-percent jump from 218 student-filed patents the previous year.
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Life sciences finance pro heading to startupRestricted Content

November 10, 2012
Chris O'Malley
If a biotech startup were akin to a rock band, Kristin Sherman might be the keyboardist. She’s not front-and-center on the stage, but the ballad wouldn’t be as dynamic without her pounding the chords.
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ExactTarget suffers smaller loss on record sales

November 8, 2012
 IBJ Staff
Marketing e-mail marketer ExactTarget Inc. suffered a dramatically lower third-quarter loss than a year ago on record-high revenue, the company announced Thursday afternoon.
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Speech recognition technology firm gets cash infusionRestricted Content

November 3, 2012
Waveform Communications LLC got its second round of funding for research and development.
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Production of Inc. 500 firms ranks city sixth nationallyRestricted Content

November 3, 2012
J.K. Wall
The Indianapolis area produced more Inc. 500 companies per person from 2001 to 2010 than all but five other U.S. metro areas with more than 1 million residents, according to a recent study by the Kansas City-based Kauffman Foundation.
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State fund invests $600,000 in neutron-detection company

November 2, 2012
The Indiana's 21st Century Fund investment will help PartTec Ltd. commercialize its technology. The money will be co-invested with $1.2 million in private funds.
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Interactive Intelligence posts lower profit on higher revenue

November 2, 2012
Interactive Intelligence Group Inc. reported a 67-percent drop in profit on higher revenue as orders grew significantly in the third quarter.
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Rapid rise of ExactTarget uplifting for young techies

October 27, 2012
Greg Andrews
In just over a decade, the interactive marketer has rocketed from bootstrapped startup to New York Stock Exchange-listed company with a market value of $1.5 billion.
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ExactTarget eyed as attractive takeover target

October 26, 2012
Bloomberg News
Indianapolis-based ExactTarget Inc., the fast-growing e-mail marketer that went public in March, is likely being looked at as a possible takeover target by software giants including Microsoft, Oracle and SAP, according to industry experts.
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Scale Computing lands $12 million in VC funding

October 23, 2012
Chris O'Malley
Scale Computing, a maker of data-storage devices that recently launched a “datacenter in a box,” has landed another $12 million in venture funding.
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VIDEO: 12 startup pitches distilled to 3 minutes

October 19, 2012
Mason King
startup bowl watch videoBoiling down the dozen pitches from budding entrepreneurs at Thursday's Startup Bowl reveals vital themes: the mammoth influence of mobile, an intense craving for consumer data, and the relentless pursuit of revenue.
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Ingram Micro completes acquisition of BrightPoint

October 16, 2012
Associated Press
Ingram Micro Inc. said Monday that it has completed its roughly $840 million acquisition of Indianapolis-based mobile-device logistics provider BrightPoint Inc.
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