Technology

Software developer Blue Pillar changes CEOsRestricted Content

November 16, 2013

Blue Pillar Inc. selected Thomas Willie III to take over as its CEO following the departure of Kevin Kushman. Willie started the new job Nov. 4.

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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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Biometrics researchers see world without passwords

November 12, 2013
Associated Press
Some Purdue University researchers are working on technology that could see all those passwords that computer users must punch in replaced with steps such as iris and fingerprint scans.
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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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Purdue boosting enrollment in computer science

November 8, 2013
Associated Press
Purdue University plans to expand undergraduate and graduate enrollment in computer science by more than a quarter to meet growing demand among employers.
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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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Yelp making grass-roots push to boost inroads in Indy

November 2, 2013
Dan Human
Internet reviewers aren’t always the kindest people when it comes to their opinions, which is a bit intimidating for a mom-and-pop shop. But not embracing Yelp can be outright foolish as the San Francisco-based customer-review website expands its reach in Indianapolis, business owners say.
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Angie's List stock falls after growth slowsRestricted Content

November 2, 2013
Chris O'Malley

Never mind that Angie’s List posts a loss every year. Wall Street isn’t worried about that, right now. But let its double-digit revenue growth slow just a bit and, before you know it, the stock has fallen 33 percent—as it did in October.

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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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Builders of Obama's health website saw red flags

October 22, 2013
Associated Press
The government spent at least $394 million in contracts to build the federal health care exchange and data hub. The painfully slow and often unresponsive website has frustrated Americans trying to enroll for insurance plans.
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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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Controversial TV streamer planning to launch in IndyRestricted Content

October 19, 2013
Chris O'Malley
A digital streaming service that television broadcasters deem so threatening they recently petitioned the U.S. Supreme Court for help plans to enter Indianapolis next year.
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Cyber bandits are finding new ways into bank vaultsRestricted Content

October 19, 2013
Chris O'Malley
Corporate account takeovers are high stakes for heists.
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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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After stock zooms up, Internet bank aims higherRestricted Content

October 12, 2013
Greg Andrews
Shares of First Internet Bancorp have more than doubled since December, when founder and CEO David Becker boosted the visibility of the stock by announcing it was shifting from the over-the-counter market to NASDAQ.
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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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