Out-of-state firms are sweeping up Indiana’s tech startups. Is that a good thing?
Experts are mixed on whether the buyout barrage is cause for concern or validation of success.
Experts are mixed on whether the buyout barrage is cause for concern or validation of success.
Indianapolis-based venture studio High Alpha on Tuesday announced the start of a new cloud-based software firm that plans to market business-safety applications to reduce and prevent injuries for maintenance workers.
Indianapolis-based "venture studio" High Alpha on Monday announced plans to take operations to the next level by adding two funds worth more than $100 million and two new investors with national reputations.
The tech-focused research, design and branding company has its eye on greatly expanding its customer base nationally—even beyond the tech sector.
Since its takeoff three years ago, investor High Alpha has grown its stable of studio companies from three to nine.
Indiana companies grabbed $27.3 million in venture funding in the first quarter, in line with other recent quarters. But nearly half of that amount went to one firm.
The tailwinds that helped push valuations at private tech companies to sky-high levels have subsided considerably in 2016, but local experts think Midwest startups have little to fear.
Scott Dorsey and Kristian Andersen—two of the four partners at High Alpha—say they are pioneers because they’ve created a firm that combines company creation and venture funding.
Backed by a bevy of investors, former ExactTarget CEO Scott Dorsey and three Indianapolis startup mavens have founded a “startup studio” that will create tech companies.
Denver Hutt, the first director of the popular SoBro co-working space, plans to pass the reins in the next few months.
KA+A, an Indianapolis design firm whose clients include Salesforce.com, LifeLock and ZenDesk, has changed its name to Studio Science.
Near the first anniversary of ExactTarget’s $2.5 billion purchase by Salesforce.com, local tech gurus explain how the acquisition lifted all ships by bringing new prestige, investment and expertise to the city.
Upstart Lesson.ly, an Indy-based developer of training software, is run by a 25-year-old and is trying to cut into a $42 billion market dominated by titans such as IBM and Oracle.
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.