Indianapolis-based Scale Computing Inc. has raised another $18 million in venture capital that CEO Jeff Ready expects will allow it to hire more employees, potentially move downtown and become profitable.
Information technology firm Scale Computing Inc. has been raising money at a clip similar to other prominent local tech companies in their early days and is gearing up to increase its workforce by a factor of five.
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.
More than a dozen employees of Scale Computing had their heads shaved at work Thursday in honor of Indianapolis Colts coach Chuck Pagano, who lost his hair during treatment for leukemia. His cancer is in remission.