Carmel tech firm Lumavate raises $3M in growth capital
The software-as-a-service firm has raised $10 million in growth capital since being founded in mid-2015, company officials said.
The software-as-a-service firm has raised $10 million in growth capital since being founded in mid-2015, company officials said.
The 12-year-old local company is being acquired by a larger IT firm headquartered in California. Bluelock CEO Christopher Clapp said the deal was put together “to drive growth.”
This is important stuff, way more so than whether we sell alcohol on Sunday.
We need a 21st century answer to transit problems that is flexible, mobile and responsive to population movements.
I suggest you imagine a city where, much like the Uber app, you can request a ride from one point to another, anywhere in the region.
TechPoint announced Friday that Apparatus founder Kelly Pfledderer has replaced chairman Mark Hill and that former ExactTarget co-founder Scott Dorsey has joined its executive team.
Allos Ventures has raised $40 million from local tech industry luminaries and others to invest in early-stage tech companies in the Midwest, a segment that has seen funding dry up. The fund, Allos II, aims to invest $3 million to $7 million each in about a dozen early-stage companies—not upstarts but those already generating solid revenue streams.
More money, mentoring would add fuel to lively industry.
Good mentors can make a world of difference to up-and-coming entrepreneurs. Countless business owners find themselves in need of a gut check from time to time and, these days, mentors are an essential part of their toolkit.
The Mira Awards focus attention on the broader issue of the important role technology plays in Indiana’s economy.
MyJibe co-founder Mike Langellier is among a new generation of tech entrepreneurs in the Indianapolis area that benefits from a host of support their predecessors never enjoyed.
In a question-and-answer forum, leaders weigh in on topics ranging from tech transfer to the future of Aprimo.
Observers say conditions are ripening for more deals like the recent $525 million sale of Aprimo Inc. in the months ahead—not only among IT firms, but also among biotech companies here.
The so-called cloud computing and managed IT services firm is part of Collina Ventures, a holding company created by local tech entrepreneurs Karen and Mark Hill.
Bank reform wouldn’t have been so heavy-handed had small- and medium-sized banks gotten their act together, Mark Hills
says.
The region’s blossoming technology sector is about to get another shot of financial fertilizer. The newly formed Allos
Ventures has raised $20 million from investors and plans to focus on early-stage tech companies.
BlueLock is among several companies owned by Collina Ventures, an investment firm created by local tech entrepreneurs Mark
and Karen Hill.
Indiana University will offer a new course on entrepreneurship in the information technology sector at the IU School of Informatics
at IUPUI next semester.