ChaCha has moved out of its offices but is still operating. It posted a profit on $2 million in revenue last quarter, and CEO Scott Jones wants to stay in the black until someone buys the Q&A search company.
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.
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.
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.
In December, Indiana saw its biggest monthly increase in private sector jobs in 15 years, as the national economy boosted hiring across the country.
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.
Sometimes attorneys aren’t completely satisfied with their high-pressure day jobs. Many start unrelated businesses like bakeries, vineyards, breweries and clothiers as an escape, or even a new career.
Just three months before the parent company of AIT Laboratories was sold in 2009 to its employees for $90 million, it was appraised for $17.1 million, according to a U.S. Department of Labor lawsuit.
An affiliate of Lutheran Health Network in northeast Indiana that concentrates on health-related businesses services expects to nearly triple its workforce.
Quarles & Brady is the latest large law firm to expand to Indianapolis, and it plans to make a splash with a platoon of attorneys in high-profile office space.
Stoops Freightliner, an Indianapolis truck and trailer dealer, has agreed to sell to a larger dealership after more than 25 years in business. Owner Jeff Stoops grew it into a $323 million firm with 563 employees.
Michigan-base Online Tech plans to open a 25-employee facility just west of Lucas Oil Stadium, serving businesses that need cloud computing.
The Caterpillar dealer is seeking to expand with new corporate offices and sales and service facilities on more than 130 acres of land near the interchange of Interstates 465 and 74.
Wall Street analysts raised their eyebrows at the hefty price Eli Lilly and Co. will pay to acquire Novartis Animal Health, when compared to the value of the biggest player in the field.
The Indianapolis-based firm expect to boost its employment by 50 percent by the end of the year as it expands its sales and marketing nationally.