Lab software firm raises $8.5M, names new CEO
A San Diego venture capital firm has made a big bet on Indigo BioSystems Inc., which just installed its founder as the new chief executive.
Dan Human
Articles
Hotel app maker to shift HQ accommodations to Indianapolis
Dallas-based Yikes, which automatically handles most hotel transactions for consumers, is planning on ramping up operations and settling its main office in downtown Indianapolis.
ExactTarget execs: Expect smooth transition
Outgoing CEO Scott Dorsey wants to spend time with his four daughters, focus on mentoring young entrepreneurs, and maybe travel a little for leisure. His successor, longtime executive Scott McCorkle, plans to keep the company focused on email, even as the firm adds a broader suite of digital marketing services.
Merger forms $382M, Indy-based motorcycle parts company
Indianapolis-based holding company LDI Ltd. has tripled its motorsports employee count and broadened its national reach with a deal for privately held Motorsport Aftermarket Group.
Head in the cloud: Interactive ramps up software offerings
Interactive Intelligence Group Inc. will plow further into cloud-based computing—now a big driver of sales—with a new set of call-center services unveiled Tuesday morning.
Longtime exec now in driver’s seat at marketer ExactTarget
Company observers praised the elevation of Scott McCorkle to CEO for his combination of tech smarts, people skills, and experience with international operations.
Indy’s Evolution: Johnson County steps up growth chase
The county south of Indianapolis was king of the suburbs in the 1970s, but now has fallen far behind Hamilton to the north in population and income, and in recent years slipped behind Hendricks County to the west.
Government groups tap civic ‘hackers’ to address problems
A collection of tech firms and business organizations will host a “hackathon” on Saturday at The Speak Easy, a Broad Ripple co-working club for entrepreneurs.
Local 3D firm develops printer-based curriculum
To help promote interest in engineering, 3D Parts Manufacturing is working with schools to set kids loose on 3D printers. The plan also is developing into a business model.
Mailer quoting Giuliani targets Indy water-line woes
Indianapolis homeowners have received a scare-sell insurance pitch about their water-service lines that appears to carry the endorsement of former New York City Mayor Rudy Giuliani.
Upstart chip-maker wins space on shelves of local groceries
Mark McSweeney launched Broad Ripple Potato Chip Co. last year out of his existing business, a franchise of Great Harvest Bread Co.
Executive pay continues on upswing
The median senior executive collected $923,705 in salary, stock or stock options, incentive pay and perks in 2013, IBJ found in a review of proxy statements at 64 companies.The median compensation rose 20 percent from 2012 and doubled since 2006.
State approves rate hike for Citizens Thermal
Citizens Energy Group will raise rates for about 250 customers that use the utility’s steam and chilled water services.
Tech firm ChaCha slices 28 of its 44 employees
The Carmel-based question-and-answer service cut its 18-month-old social media division, Social Reactor, after a rate algorithm change at Google slashed the division’s revenue from advertising.
UPDATE: Tech firm triggering $10M data center downtown
Michigan-base Online Tech plans to open a 25-employee facility just west of Lucas Oil Stadium, serving businesses that need cloud computing.
Small biz program to tackle lack of Web savvy
The program Fight for Small will teach Indiana business owners how to wield social networks, customer review websites and the rest of the Internet to their advantage.
Algaeon to take big step after landing $2.75M
An Indianapolis-based biotech company plans to use $2.75 million in new funding to begin commercial production of its algae-based nutritional supplements, the firm announced Monday.
State office seeks to block Indiana American Water rate hike
The Office of the Utility Consumer Counselor says a proposed rate hike by Indiana American Water Co. is unwarranted, and the company should actually lower existing rates.
Interactive claims top MIRA Award for second straight year
The top honor at the Mira Awards on Saturday night went to software firm Interactive Intelligence, while academia made waves in other categories at the annual technology-sector event.
Indoor slides, high-paying jobs part of Interactive’s expansion plan
A day in the life for hundreds of new employees at Interactive Intelligence Group Inc. could mean riding a slide from one floor of their office to the next while earning about $80,000 per year.