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Aprimo gears up for IPO: Acquisitions, internal growth put software firm in position to consider public leap

March 13, 2006

Fast-growing marketing-software-maker Aprimo Inc. is positioning itself for an initial public offering, likely within the next 18 months. “I think they have big plans in the marketplace,” said Kimberly Collins, senior analyst for Stamford, Conn.-based technology research firm Gartner Inc. “Clearly, Aprimo would like to … file an IPO. I think they want very much to be the next Unica in the marketplace,” referring to a direct rival that went public last August. Founded in 1998, Indianapolis-based Aprimo makes a…

Tough losses hit Powerway: Software firm cuts workers, CEO resigns after General Motors terminates contract

April 11, 2005

Its software was supposed to become the American auto industry’s standard. Instead, Powerway Inc. finds itself scrambling once again to recover from a sudden reversal of fortune. Detroit-based General Motors Corp. has terminated its 2-1/2-year-old agreement to implement Powerway’s quality-control software throughout its supply chain. As a result, Powerway’s CEO Theodore Wozniak has stepped down and the company has fired a quarter of its work force. “It’s frustrating and disappointing that, under such great financial pressure, the American-based manufacturers are…

Software-maker expands through public incentives: Exact Target must prepare for market’s consolidation

March 28, 2005

It made for a great photo-op. With the morning sun shining brilliantly through the windows, Exact Target showed off its brand new headquarters in the Guaranty Building on Monument Circle. It was the second day of spring. Bipartisan smiles were the first item on the agenda. Gov. Mitch Daniels, a Republican, was there to celebrate the fast-growing e-mail software-maker’s $1.14 million package of government incentives. So was Mayor Bart Peterson, a Democrat. Exact Target had earned its tax credits, abatements…

Zionsville CEO plays big role in RFRA opposition

April 3, 2015

Jon Gilman, CEO of Zionsville-based Clear Software, may have been the driving force behind the national media frenzy over the Religious Freedom Restoration Act.

Two CEOs say they didn’t sign off on abortion-rights letter

June 30, 2022 | Peter Blanchard

Two local business leaders say they did not authorize the use of their names on a letter asking Gov. Eric Holcomb to work to protect the reproductive rights of Indiana women as lawmakers prepare to consider abortion restrictions at the governor’s urging.

Venture capital firm Hyde Park raises $100M for latest fund

December 11, 2019 | IBJ Staff

Hyde Park Venture Partners, a Chicago-based venture capital firm with an office in Indianapolis, said its third fund exceeded its original goal of $75 million with help from repeat institutional investors.

Zionsville co-working center zWorks gears up for expansion

March 30, 2018

Less than three years after opening in Zionsville, entrepreneurial and co-working center zWorks is on the verge of opening its second facility. And it already has three tenants lined up for the new space.

Four takeaways from Indy’s newsy tech week

May 4, 2017

The sale of Angie’s List and Infosys’ announcement that it plans to hire 2,000 Hoosiers touched off a torrent of reactions among tech leaders and observers.

Venture capital firm refuels with new $65 million fund

August 30, 2016

Chicago-based Hyde Park Venture Partners, which established an Indianapolis office in 2015, said it plans to invest the capital in about 75 companies over the next few years, mostly in the Midwest.

New venture firm Charmides off to blazing start

July 28, 2016

Charmides, one of the area’s newest venture capital funds—was launched in June 2015 by a 27-year-old basketball player from Carmel and his father.

Hoosier startups grab $24 million in VC in first quarter

April 15, 2016

As venture investments ebbed in the first quarter nationally, Indiana slightly increased its pace of fundraising. Most of the funds, though, went to one company.

Orr Fellowship’s first paid employee enhancing program

November 25, 2015

The organization earlier this year tapped Indiana native Karyn Smitson as its first employee and executive director, and she’s been working to formalize and enhance the high-demand program.

Oesterle’s LGBT rights group unveils supporters

September 21, 2015

Bill Oesterle, the former CEO of Angie’s List, said Monday that 30 tech companies and individuals have signed a letter backing the group, including heavyweight employers Salesforce and Angie’s List.

Human-rights ordinance could give Carmel economic edge

August 20, 2015

While businesses consider many factors before choosing where to locate, economic development experts say a community’s openness to lesbian, gay, bisexual and transgender individuals increasingly is one of them.

RFRA controversy complicates tech recruiting efforts

April 3, 2015

Tech leaders say the religious freedom law has been a burdensome headwind over the past week, making job discussions longer than necessary and injecting unease in the minds of some candidates.

Salesforce CEO joins late effort to stop ‘religious freedom’ bill

March 26, 2015

Salesforce CEO Marc Benioff late Wednesday joined a last-ditch effort by at least a dozen Indiana tech company executives to persuade Gov. Mike Pence to veto the controversial "religious freedom" bill, even as Pence made clear he planned to sign the measure Thursday.

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