Scale Computing scores $17M in venture capital
The latest round of funding brings the total raised by the local data-storage upstart to $31 million and follows a $9 million investment it received in March.
The latest round of funding brings the total raised by the local data-storage upstart to $31 million and follows a $9 million investment it received in March.
U.S. health insurers, including WellPoint Inc., can include the cost of federal taxes in determining whether they spend enough on patient care, the U.S. Health and Human Services Department said Tuesday.
-Henry Schein leased 243,200 square feet of industrial space at 5645 W. 82nd St. in Park 100. The tenant was represented by Patrick Lindley of Cassidy Turley. The landlord, ProLogis, was represented by Luke Wessel of Cassidy Turley.
-nFrame leased 52,824 square feet at 701 Congressional Blvd., Carmel. The tenant was represented by Sam Smith and Yumi Prater of Colliers International. The landlord, Technology Center Associates LP, was represented by Mike Napariu of REI Real Estate Services.
-Culture Lighting Co. Inc. renewed its lease for 7,200 square feet at 5329 W. 86th St. The landlord, Forester Properties, was represented by Kyle Powell and Bryan Poynter of Cassidy Turley. The tenant represented itself.
-McAlister’s Deli leased 6,400 square feet at Allyne Park, 1011 N. State Road 135, Greenwood. The tenant was represented by Bill Talbott of The Talbott Group. The landlord, Allyne Park Dynasty, was represented by Liz Yoho of Providence Development.
-MCPC Indianapolis LLC leased 5,711 square feet in the Carmel Technology Center, Building 2, 12336 Hancock St., Carmel. The tenant was represented by Brian Buschuk of Jones Lang LaSalle. The landlord, ATAPCO Carmel Inc., was represented by John Vandenbark and Dan Richardson of CB Richard Ellis.
-Indianapolis Osteopathic Hospital Inc. leased 4,244 square feet at 3750 Guion Road. The tenant was represented by Brian Meeks and Jon Owens of Cassidy Turley. The landlord, Hoosier Motor Mutual Insurance, was represented by Nick Svarczkopf and John Vandenbark of CB Richard Ellis.
-MS Consultants leased 3,627 square feet at 8900 Keystone Crossing. The tenant was represented by Nick Svarczkopf and Dan Richardson of CB Richard Ellis. The landlord, Keystone Investors LLC, was represented by Abby Cooper and John Robinson of Jones Lang LaSalle.
-Freight Masters leased 3,192 square feet at 2629 Waterfront Parkway, East Drive. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-Safe Sitters leased 2,281 square feet at 8604 Allisonville Road. The tenant was represented by MaryBeth Kohart of Cassidy Turley. The landlord, Castle Creek Office LLC., was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
-Utili-Comm South Inc. renewed its lease for 1,550 square feet of industrial space in Greenwood Oaks Business Centre, 500 S. Polk St, Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
-Meridian Group leased 976 square feet at 8604 Allisonville Road. The landlord, Castle Creek Office LLC, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
Longtime economist Morton Marcus says the objective truth is that Indiana is in decline. He also insists the solution is a change in the culture, not just job creation.
An Indianapolis company has developed Web-based software that allows college students to read and electronically mark up textbooks, articles, chapters of books, etc. It also has a business model that its owners think will make more money for publishers and slash students’ textbook costs—which average $1,200 a year—in half.
Forty years ago, Indianapolis and Louisville were both known as one-event towns. But Indy moved on while Louisville stayed put.
Thoughts on the Noise! cabaret, Bands of America’s Grand National Championships, and Blue Man Group.
Indiana was rejected earlier this year for federal funding for its part of a Chicago-to-Cleveland route.
The issue may not be a lack of jobs, but a lack of interest by young people to live in Indiana. It may be a nice place to visit as a post-secondary student, but not a place where one wants to live.
Nov. 20
Athenaeum Theatre
Julliard-trained electric violinist Drew Tretick, who will be joining the Indianapolis Chamber Orchestra for this month’s concert, has taken the stage at such impressive classical venues as the London Palladium. On the other hand, he’s also played for the tourists on the faux streets of Downtown Disney in Orlando.
That’s not the only way Tretick shows range. His recent CD devoted to cinematic compositions covers the familiar (“Over the Rainbow,” “The Way We Were”) and the more esoteric (from the scores for “Cinema Paradiso” and “Quartiere,” for instance). Details on the concert can be found here. And, for your listening pleasure, here’s Tretick stopping Disney foot traffic with “Flight of the Bumblebee.”
The first of three meetings to encourage minority- and women-owned companies to pursue 2012 Super Bowl contracting opportunities is Tuesday evening at the Madame Walker Theatre Center.
At 78, L. Gene Tanner is one of the longest-serving investment advisers working in Indianapolis. Tanner spoke with IBJ's Norm Heikens about why he shifted to City Securities, his brush with convicted Ponzi scheme operator Bernard Madoff, and how his investment strategy has changed.
Indiana University’s James Madison is “marginally optimistic” Americans have the fortitude to tackle what could grow to become an emergency ranking with the Civil War, the Great Depression and World War II.
A 36-hour dance marathon raised about $1.6 million for Riley Hospital for Children in Indianapolis over the weekend.
Benchmarking has exploded with the industry’s propensity to slice and dice and categorize every segment of the overall investment pie.
An Indiana Utility Regulatory Commission-mandated initiative to help electric customers cut consumption and save money may wind up costing them $65 million more than necessary. At least that’s the claim of a consulting firm that lost its bid to administer the program.
Court papers reveal officers and directors of the holding company for the failed Columbus-based bank will soon be defendants in a $40 million suit.
Local design junkies know a Studio AMF piece by its painstakingly finished woodwork embedded with specks of sterling silver. That type of branding is difficult to achieve without using a giant logo, and Allison Ford is one of few, if not the only, local designers to pull it off.