Mandolin’s digital platform—designed to help artists, venues and fans connect through live music—has attracted some big-name investors including Marc Benioff, the founder and CEO of Salesforce.
In a sign of the Fed’s confidence about the economy, its latest policy statement dropped a phrase it had previously used that referred to “uncertainties” surrounding the economic outlook.
The Dow Jones industrial average returned to a record on Monday, joining other market gauges at all-time highs, as the stock market’s rally carried into a fifth week.
The former Charles Schwab broker allegedly used a client’s tax refund for personal use, which led to his termination.
Mickey Maurer and Bob Schloss have shared ownership of the media company for 27 years but decided to bring in Nate Feltman as part of their succession plan.
After recovering from the loss of a big client in 2014, the founder and CEO of Fat Atom Marketing has handed over the keys to two employees.
A private equity firm has purchased a stake in a local family-owned company with operations across the country as its two founders retire and the next generation takes the helm.
Branding Brand, a Pittsburgh-based retail software company with a few ExactTarget alums of its own, has scooped up Indy-based Waysay, founded last year by two former ET’ers.
A local holding company that specializes in manufacturing firms has purchased C.H. Ellis Co., an Indianapolis-based maker of custom cases that has been in business since 1902.
Firms landed more than $28 million in the third quarter, the highest quarterly total in three years and a sign of accelerating entrepreneurial momentum in the state.
It’s the first venture funding round for 3-year-old Clear Software, an early mover in the trend of making pre-existing business software easier to use.
Two hedge funds have been beefing up stakes in Indianapolis-based Noble Roman’s, a 43-year-old pizza chain with a depressed stock price and an evolving business model.
The investment was in line with comparable quarters in recent years, but there’s evidence that at least one significant deal didn’t make the list.
Biglari Holdings Inc. has won a major legal victory as a separate fight with a dissident shareholder turns personal.
Mobile-app developer Bluebridge Digital is moving to bigger offices, adding employees, and including ExactTarget co-founder Scott Dorsey as an investor.
One of the state’s largest privately held banks could bring in as many as 500 new shareholders to help fund growth. A planned acquisition fell apart early last year.
Nine of the 16 firms who announced their plans with state officials Thursday expect to boost operations and employment in the Indianapolis area, forecasting 933 jobs.
While Midwest venture capitalists are still relatively conservative compared to those on the coasts, failure is increasingly carrying more of an edge and less of a stigma.
Privately owned businesses in Indiana will be able to raise investments online as part of a bill on the way to Gov. Mike Pence’s desk.
Derek Pacqué, who started CoatChex in 2010, appeared a year ago on the ABC show in which entrepreneurs pitch their ideas to prominent investors. Billionaire Mark Cuban offered to invest but wanted a large ownership stake. Pacqué said no, and has since grown his company.
But really, he said, the company is doing just fine without the billionaire.
