New High Alpha firm creates tech to connect citizens to police
High Alpha on Tuesday announced the startup of Relay, which makes software designed to help citizens connect more easily with police departments for non-emergency calls.
Software
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IndyGo says vendors causing missed Red Line deadlines
IndyGo vendors are still working to deploy two key features that were supposed to be in place when the Red Line launched Sept. 1—and the delays are both disrupting Red Line operations and hurting IndyGo’s bottom line.
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Water-management software firm 120WaterAudit lands $7M in funding
Zionsville-based 120WaterAudit plans to use the funds to improve its digital water-program-management platform and expand sales and marketing.
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App’s success leads Don Brown to embrace consumer market
After building and selling three companies and starting a fourth, Dr. Don Brown thought he had seen it all. Even so, he still gets an occasional surprise.
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Articles
Software firms use freemium model to snag paying customers
Giving away your product is not usually considered an ideal business model. But a growing number of software firms are doing just that.
Digital marketing firm Lev plans to add 80 jobs as it grows quickly
Lev added 92 employees in 2019, exceeding the goal of 70 new hires that it set when it announced the move of its headquarters to Indianapolis in February 2019.
Local tech startup Sigstr sold to Atlanta-based marketing tech firm
Sigstr, which sells software that enables companies to leverage employee emails for marketing purposes, is expected to maintain—and grow—its Indianapolis presence under the Terminus name, company officials said.
Local software firm finds fast growth with contract management platform
Tucked under the wing of law firm Hall Render Killian Heath & Lyman for nearly three decades, contract management software firm Ntracts is now taking off under the leadership of John Shane, who bought the company in 2016.
Software firm Boardable secures $3 million in growth capital
Boardable, a local tech firm that sells software for board management, received the investment from High Alpha Capital, VisionTech Partners and Collina Ventures.
Software firm Parker Technology lands $2M in venture capital
Indianapolis-based software and service Parker Technology LLC said the series seed funding round was led by Elevate Ventures and several local investors.
Software startup Costello acquired by fast-growing Atlanta firm
SalesLoft plans to maintain Costello’s Indianapolis office—albeit with new branding—and keep all 11 of its employees.
Big changes at Salesforce: Bob Stutz jumps to rival; Marketing Cloud division gets new chief
Bob Stutz—who until last month led Salesforce’s Marketing Cloud unit—has left the company to become the president of engineering for customer experience at SAP.
Local software startup lands $10M in seed funding, moves HQ to California
Edify Labs Inc., a contact-center software firm founded in Carmel a year ago, announced Tuesday that it has raised $10 million in seed funding in one of the largest funding rounds of its type this year.
Many firms probably won’t prevent a ransomware attack. But here’s how to mitigate the impact.
While major corporations and large government agencies have taken detailed, elaborate steps to guard against the problem, smaller municipalities, companies and organizations are in something of a bind. Protecting such small groups against ransomware (or at least improving their chances of recovering from an attack) can be time-consuming and costly.
Indy startup Zylo raises $22.5M to boost marketing, workforce
Zylo is a software-as-a-service company that helps enterprises manage other SaaS subscriptions. It was launched out of High Alpha Studio, the Indianapolis-based startup and venture firm.
Tech firm FuseMe could make paper resumes obsolete
The company, which has created software that allows job candidates to forward recruiters their resume and other information by simply holding their smart phones next to each other, recently closed on a seed round of funding and is planning a national expansion.
Formstack on a growth tear with series of acquisitions
Fishers-based tech firm Formstack is growing so fast, it’s considering opening a second local office, possibly in downtown Indianapolis. Formstack has made four acquisitions in eight months and five in 20 months and now has 200 employees and offices in multiple states. Company officials say there are no plans to slow the growth.
One of Indiana’s largest software firms gets new majority owner
New York-based investment firm New Mountain Capital says it plans to help Muncie-based Ontario Systems LLC—which has been in growth mode—further expand.
Eleven Fifty Academy moving headquarters to downtown Indianapolis
The academy plans to spend $5 million to move its headquarters from Fishers to Indianapolis, officials for the 5-year-old coding school announced Tuesday.
Fishers firm vying for big federal student-financing contract
A team of financial technologists has its sights on a U.S. Department of Education contract that could bring at least 300 jobs to the city and further central Indiana’s role as a student-financing hub.
Anvl moving to Fishers, planning to add 41 employees
Anvl, which markets safety software to help reduce and prevent injuries for front-line workers in hazardous environments, was launched out of Indianapolis-based venture studio High Alpha in October.
Socio planning hiring spree after $6M funding round
An Indianapolis software firm that helps clients pull off events plans to triple its employee count by the end of 2020.
DemandJump lands another $5.5M in venture funding
DemandJump, a local software company, has now raised a total of $14 million in venture funding since its founding in 2015. Company officials said the most recent round will be used in part to continue to grow staff.