Tech Companies

ExactTarget soars in trading debut after initial public offering

March 22, 2012
 IBJ Staff and Bloomberg News
Indianapolis-based ExactTarget Inc., the e-mail marketing company that counts Microsoft Corp. and Groupon Inc. as customers, gained more than 30 percent in its trading debut Thursday.
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ExactTarget raises $161.5M in initial public offering

March 22, 2012
 IBJ Staff
Indianapolis-based e-mail marketing company ExactTarget priced shares in its initial public offering above the expected range on Wednesday.
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Ex-One Call execs turn on each other in latest ventureRestricted Content

March 17, 2012
Chris O'Malley
Lawsuit alleges two of six partners in Qtego seized control and locked them out of the northwest-side firm, which developments telecommunications technology.
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ExactTarget looks to raise $145 million with IPO

March 8, 2012
Indianapolis-based ExactTarget Inc., which announced an initial public offering in November, said it is seeking to raise as much as $145 million. The company is offering 8.5 million shares for $15 to $17 apiece, according to a regulatory filing made Wednesday.
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Local associations emerging to nurture small tech firmsRestricted Content

March 3, 2012
Chris O'Malley
Hamilton County and Bloomington are among places that are nurturing small technology firms in their own back yard. Local tech-focused organizations like theirs could stoke competition among Hoosier communities vying for coveted jobs.
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Brightpoint shares slide after it lowers forecast on loss of customer

February 22, 2012
Shares of the wireless-device logistics provider fell more than 8 percent Wednesday morning after the company lowered its annual earnings guidance in response to the loss of a major customer.
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ChaCha apologizing for 'inflammatory' answers

February 9, 2012
 IBJ Staff
Carmel-based ChaCha Search Inc., a question-and-answer service for mobile phone and online users, is apologizing for providing what it calls "inflammatory answers to questions asked about sensitive subjects."
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Techies aim to make money from memoriesRestricted Content

February 4, 2012
Chris O'Malley
Two DePauw University graduates are launching a website they hope will preserve the world’s memories, through a virtual bank of shared experiences.
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DeveloperTown sees sale of first company it helped fund, coachRestricted Content

February 4, 2012
Chris O'Malley
Daily Lunch Deal sold last month after just a year in business, marking a milestone for its venture-firm mentor.
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Interactive Intelligence earnings slip, revenue rises

February 1, 2012
Indianapolis-based software maker Interactive Intelligence Group Inc. saw profit slip in the fourth quarter despite a rise in revenue.
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ExactTarget's IPO plan could draw out suitorsRestricted Content

January 28, 2012
Greg Andrews
Firms pursuing IPOs simultaneously investigate the possibility of a sale as a matter of course, in part because doing so helps investment bankers assess how they should price shares if they pull the trigger on an offering.
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New venue will give startup crowd a place to socialize, share ideasRestricted Content

December 31, 2011
Francesca Jarosz
A group of angel investors, entrepreneurs and high-tech aficionados on Jan. 18 will launch the Speak Easy, a 5,750-square-foot space on the southern edge of Broad Ripple that will serve as a gathering place for those active in the startup community.
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State supreme court upholds Indiana robocall law

December 29, 2011
 Franklin College News Bureau
The Indiana Supreme Court has upheld a state law restricting automated robocalls. In a 4-1 decision Thursday, the court held the state law that requires a live operator on the phone before a recorded message doesn't violate the right to free speech.
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Military contractor plans new Indiana headquarters

December 5, 2011
Associated Press
Sellersburg-based Rivera Consulting Group Inc. announced Monday that would build a new facility in Clarksville and expects to add up to 85 jobs over the next three years.
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MyJibe's purchase validates Orr fellowship programRestricted Content

December 3, 2011
Chris O'Malley
A program to identify and cultivate entrepreneurs—the Orr Entrepreneurial Fellowship—just hit a milestone. Orr fellow Mike Langellier has sold his upstart MyJibe LLC, in what appears to be the first Orr fellow to create a tech firm and take it full circle to liquidation.
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Advice to techies: Focus like a laserRestricted Content

November 19, 2011
 IBJ Staff
Focus on what you do best and get to know your partners’ strengths and weaknesses, Kevin Bailey, a co-founder of Slingshot SEO, told attendees of the TechPoint summit this month.
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Indianapolis' tech sector getting some Silicon Valley credRestricted Content

November 5, 2011
Chris O'Malley
TechPoint’s 13th annual technology summit might be more notable not for who is on the formal agenda but for who is in the audience.
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Indiana software firm growing with life sciences focusRestricted Content

October 29, 2011
Katie Maurer
RND Group fills development gaps for companies.
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Startup aims to mend doctors' social media woesRestricted Content

October 29, 2011
J.K. Wall
RepuChek software tracks, analyzes what's being said about doctors on the Internet.
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Brightpoint earnings rise as revenue soars

October 27, 2011
 IBJ Staff
Increased distribution and demand for smartphones drove Brightpoint Inc.’s third-quarter revenue up 51 percent, to $1.34 billion, the company said after markets closed Thursday.
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Interactive Intelligence shares sink after quarterly report

October 25, 2011
 IBJ Staff
Interactive Intelligence Group Inc. shares fell more than 25 percent Tuesday morning after the Indianapolis-based software maker reported disappointing profit in the third quarter.
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Local tech firm owner makes most of flexibilityRestricted Content

October 22, 2011
Andrea Muirragui Davis
About a year ago, Jon Arnold shuttered his technology firm’s office in Irvington, but not his company. He and his two employees now rely on technology to keep the company thriving as Arnold and his family spend a year traveling the country in a recreational vehicle.
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Software firm plans to open downtown office, add 250 jobs

October 13, 2011
Massachusetts-based Kronos Inc., a work force management software firm, plans to create 250 jobs by 2015 as part of a $5.1 million expansion to Indianapolis. The company will occupy 31,000 square feet in downtown's PNC Center.
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Apple founder, innovator Steve Jobs dead at 56

October 5, 2011
Associated Press
Steve Jobs, the Apple founder and former CEO who invented and masterfully marketed ever-sleeker gadgets that transformed everyday technology, from the personal computer to the iPod and iPhone, has died.
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Broadband provider Omnicity files for bankruptcy

October 3, 2011
 IBJ Staff
The company, which had big plans to snap up rural broadband systems through the Midwest, has been in a financial slide for months.
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  1. Once a Marion Co. commuter tax is established, I'm moving my organization out of Indianapolis. Face it, with the advancement in technology, it's getting more cost effective to have people work out of their homes. The clock is running out on the need for much of the office space in Indianapolis. Establishing a commuter tax will only advance the hands of the clock and the residents of Indianapolis will be left to clean up the mess they created on their own, with much less resources.

  2. The 2013 YE financial indicates the City of Indianapolis has over $2 B in assets and net position of $362.7 M. All of these assets have been created and funded by taxpayers. In 2013 they took in $806 M in revenues. Again, all from tax payers. Think about this, Indianapolis takes in $800 M per year and they do not have enough money? The premise that government needs more money for services is false.

  3. As I understand it, the idea is to offer police to live in high risk areas in exchange for a housing benefit/subsidy of some kind. This fact means there is a choice for the officer(s) to take the offer and receive the benefit. In terms of mandating living in a community, it is entirely reasonable for employers to mandate public safety officials live in their community. Again, the public safety official has a choice, to live in the area or to take another job.

  4. The free market will seek its own level. If Employers cannot hire a retain good employees in Marion Co they will leave and set up shop in adjacent county. Marion Co already suffers from businesses leaving I would think this would encourage more of the same.

  5. We gotta stop this Senior crime. Perhaps long jail terms for these old boozers is in order. There are times these days (more rather than less) when this state makes me sick.

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