IU plots $200M life sciences hub in former Wishard Hospital
The envisioned 26-acre, $200-million-or-more complex would bridge IU’s School of Medicine with the city’s life sciences firms, including those at the nascent 16 Tech, a business park.
Dan Human
Articles
Firm that figured out how to sell hair-salon products online is snapped up by giant
Indianapolis startup Loxa Beauty was barely generating revenue last year when one of the biggest companies in its industry offered to buy it.
Citizens gets state OK for steep wastewater rate hike
State regulators on Wednesday approved a rate hike that will increase monthly wastewater bills by about 26 percent, or close to $14 on average, for Citizens Energy Group customers.
Software firm Salesvue secures $3M in venture capital
The Indianapolis-based firm expect to boost its employment by 50 percent by the end of the year as it expands its sales and marketing nationally.
Local private equity firm unveils $316M investment fund
Hammond Kennedy Whitney & Co. plans to use its biggest-ever fund to target mid-sized companies in the medical, infrastructure and energy sectors.
Local businesses struggle to make sense of Heartbleed flaw
Companies around Indianapolis—especially small ones without their own IT teams—are still trying to determine how or even if they were affected by the confounding Internet security gap.
TinderBox woos executive away from Groupon
It’s a return to the city for David Kerr, who in the early 2000s ran Indianapolis software firm NoInk Communications alongside TinderBox cofounder and CEO Dustin Sapp.
Tech startup Gusto lands $1.3M in venture capital
Elevate Ventures, which manages the federally backed Indiana Angel Network Fund, led the financing round.
Growth in Hoosier wages lagging inflation
Pay raises were a pipe dream for many Hoosiers last year—as the median wage in Indiana inched up 0.8 percent, to $31,990, according to federal data released this month.
State slams glass factory with record safety fine
The death of one worker and an injury to another prompted investigations at Pilkington North America’s plant in Shelbyville.
State green-lights deeper look into fuel costs at Duke plant
A state agency for utility consumers had requested additional scrutiny for periods late last year when Duke Energy Indiana’s Edwardsport plant consumed more energy than it produced.
Indy-based Web firm for coaches makes Atlanta acquisition
Startup dot-com BookIt Commerce Inc. is in the midst of expanding its site for vetting and marketing coaches into new markets.
Scale Computing in midst of $7.5M private offering
One of the hottest tech firms in Indianapolis is more than halfway to its goal in its latest round of fundraising.
Small biz lending starting to thaw
More small businesses in Indiana are securing loans as owners learn to present their companies better and banks warm to small-business lending after years of hesitation.
Ex-employee files harassment lawsuit against ChaCha
The suit alleges that the wife of company founder Scott Jones believed he was having an affair with the employee, and the firm didn’t do enough to prevent the wife from confronting and threatening her at work.
Edwardsport plant rebounds in March after flat February
After two months of meager output that sparked scrutiny from the state and consumer groups, the controversial power plant sprung back to life in March, Duke Energy Indiana says.
BidPal claims domain names in cybersquatting settlement
The Indianapolis tech firm had sued in federal court to seize control of the Web addresses that incorporated the company’s name.
Cost-of-living chasm buoying tech firms
A growing number of tech workers are seeking refuge in Indianapolis from skyrocketing living expenses in other cities, including technology hubs on the coasts.
Company conducts ‘global warfare’ against invisible cyber threats
Corporate executives, shaken by fears of hackers, are enlisting Rook Security and an explosion of companies like it to monitor and chase cyber criminals across borders and recover stolen intellectual property.
Software firm TinderBox lands $3M VC investment
Indianapolis software developer TinderBox Inc. plans to fuel product development and build up its sales and marketing teams after receiving $3 million in venture capital.