The funding round included participation from locally based investors Allos Ventures, Collina Ventures, Elevate Ventures and former Interactive Intelligence CEO Don Brown, as well as others.
The Carmel-based developer and operator of senior care facilities blamed high start-up costs and a challenging reimbursement environment for decision to pull out of Arizona.
Circle Centre claims a now-closed beauty salon owes unpaid rent. Plus: Untuckit has joined the Fashion Mall roster, Fira Boutique has closed in Broad Ripple, and the Freddy’s steakburger chain hits a big milestone on the south side.
The fund, launched by the security-products company Allegion Plc, plans to pursue investments globally. But a spokeswoman said, “Indianapolis' thriving tech industry makes this the perfect time and place to launch the tech-focused fund.”
Heartland Food Products Group said it plans to leave its offices at Clay Terrace for a bigger headquarters within 18 months. The move would allow the firm to add about 130 employees.
State Sen. Jim Merritt, R-Indianapolis, declined to call up House Bill 1080, which he sponsored in the Senate, for amendments on Monday afternoon before the Senate’s deadline.
The deal includes a portfolio of 545,000 square feet of medical office space in New York, Florida and Canada, occupied by more than 400 physicians’ practices.
Carmel-based KAR Auction Services Inc. denies that a decision has been made on the headquarters location for the auto-salvage business it plans to spin off into a separate publicly traded company.
Kite Realty Group Trust’s plan to bring a Frank Theatres CineBowl entertainment venue to help fill big vacancies at Hamilton Crossing Centre has fallen through.
