Power-grid software maker lands $7M in venture capital
Indianapolis-based Blue Pillar Inc., which makes software to manage electrical grids, has closed on $7 million in funding from four venture capital firms, it said Monday.
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Veteran broker Hohmann leaves Cassidy Turley to go solo
Hohmann has been involved in numerous high-profile real estate deals over the years, including the transaction that resulted in development of Intech Park and assembling about 60 acres for Clay Terrace in Carmel.
BioCrossroads launches second seed fund
BioCrossroads Inc. has raised an $8.25 million seed fund in its second attempt to help startup life sciences companies grow to the point where they can attract venture capital or a corporate funder.
Firm finds opportunity helping employers with hiring
Rushville-based Barada Associates Inc. specializes in helping business clients make good hiring decisions—services that have become more popular as companies find themselves inundated with eager applicants looking for work.
Growth pushes Bluelock into black
The growing popularity of cloud computing is sending sales skyward for Bluelock, a 6-year-old firm that is turning a profit and garnering national attention.
MediaSauce co-owner leaves firm, starts new ad agency
Magnitude already has landed several big clients, including the Indiana Pacers and Northwestern University.
INSIDE DISH: Nostalgic Shallos does brisk business swiftly
The 31-year-old, south-side institution is approaching a potential turning point as it breaks sales records and continues to hone lightning-quick food prep and table turnover.
State’s latest startup: Startup Indiana
On April 25, local organizers will launch Startup Indiana, a regional affiliate of the Startup America Partnership. The national initiative—and its regions—brings together entrepreneurs, funders and other leaders to help promising startups succeed.
Law change allows entrepreneurs to market homemade food
Many Indiana home-based food businesses owe their existence to a law enacted in 2009 that allows them to sell certain types of foods at farmers’ markets and their own roadside stands with minimal state oversight.
Startup wants to make pouring beer from the top passe
Josh Springer has moved to Indianapolis his company that designs and sells draft beer dispensers that fill specially designed cups from the bottom up, speeding the process and cutting down on foam.
Angel Learning’s founder thinking big again
IT professor Ali Jafari, who netted Indiana University $23 million on its $130,000 investment in his Angel Learning when it sold three years ago, recently launched CourseNetworking, which allows learners across the globe to connect and chat around shared interests and class subjects.
Agency increases effort to help state’s artisans sell wares
Three years after budget cuts threatened the state-run Indiana Artisan program, the newly independent organization is moving ahead with ambitious plans to broaden its reach—and help artists and food producers build their businesses.
Ticket sales firm to double client list, triple work force
Get Real Sports Sales is positioned to grow as colleges, pro teams begin to outsource ticket sales.
Satellite training sites give entrepreneurship agency a boost
Participation at Business Ownership Initiative-led training sessions is up nearly 30 percent so far this year as more Hoosiers start businesses of their own. Executive Director Julie Grice is looking for more counselors and money.
What’s New: Kreme Twenty-Four
Gary Patterson and Jason White bonded over their love of fashion and their frustration with Indianapolis’ shopping options, so they opened a boutique of their own.
Political worries contribute to robust firearms sales
The presidential election is still a long way off, but large numbers of Indianapolis-area gun owners seem to think Barack Obama is a surefire bet for a second term. Uneasiness over his re-election (and fear that he might push for strict gun control laws) has sparked a run on weapons and ammunition.
Chicago university buys Fishers beauty college
Illinois-based Tricoci University of Beauty Culture has acquired Honors Beauty College in Fishers and plans to expand into the Indianapolis area with as many as seven campus locations over the next four years.
Hendricks County promotes locally owned pizza
Amo Pizza Shop beat out Rock Star Pizza in a competition intended to boost sales for 16 homegrown eateries.
Hofmeister seeks financing to emerge from bankruptcy
Despite objections from unsecured creditors, a federal bankruptcy judge granted the jeweler's request to hire an outside consultant to help it seek alternative financing to repay the balance of a PNC Bank loan.
ZALOUDEK: New normal is all about mixing work and pleasure
The best talent in the Indianapolis area is flocking to interesting offices … with kegs.