The latest investment is the fourth major round of funding for Zylo, which was founded in 2016 and has raised more than $66.5 million to date. The company helps customers manage their software-as-a-service subscriptions.
Innovatemap in midst of growth spurt, planning 15 hires and nearly $1M investment in HQ
The Indianapolis-based digital product agency plans to upgrade its Broad Ripple headquarters while enabling a hybrid model of in-person and remote collaboration.Read More
New York-based Simplifeye moving HQ to Carmel, hiring 75
Dr. Ryan Hungate, a Kokomo native who founded the medical-practice software firm in 2014, said he plans to spend up to $10 million to shift a majority of the company’s operations to Carmel.Read More
Saaslio helps IT teams track the software their employees are using remotely, a service that has become more in demand with the growth of remote work.
Carmel-based Hageman Group, Indianapolis-based Allos Ventures and Indianapolis-based Elevate Ventures Inc. all participated in the funding round.
This is the sixth round of funding Lumavate has announced since its founding in 2015. The company offers a no-code platform that clients can use to create smartphone apps.
The pandemic has not slowed Indianapolis-based venture studio High Alpha—and in fact, the move to remote work and increasing dependence on technology has probably sped up its activity.
Codelicious founder Christine McDonnell talks about the investment round, which was led by Indianapolis-based Allos Ventures and EduLab Capital Partners, a venture capital firm with offices in Boston and Tokyo that specializes in learning innovation.
The Carmel-based business communications software company said the new funding will be used for ongoing product development and to boost hiring.
San Francisco-based human resources software company 15Five Inc. said the acquisition of Emplify further boosts its employee-engagement and manager-enablement software platform.
Encamp, which makes and markets software that helps customers manage environmental data and the forms required for local and federal compliance, has now raised a total of $17.2 million. The most recent funding round was led by Boston-based OpenView with participation from High Alpha Capital and Allos Ventures—both of Indianapolis—and Bloomington-based IU Ventures.
Despite the pandemic, Cloverdale-based educational software company Standard for Success saw solid—and somewhat surprising—growth last year, and the firm’s founders project strong double-digit growth this year.
Celigo, which makes software that helps companies automate business functions and IT services, already employs 17 Hoosiers who work remotely.
With six new hires, the company—founded in 2014—now has 26 employees. The staff size will increase to 28 when the company adds two Orr Fellows in June.
Catipult.AI, which is now located at 55 Monument Circle, said it will invest $2.6 million to expand its operations, including a move to a larger but yet-to-be determined space.
MetaCX, a 2-year-old High Alpha portfolio company led by local tech entrepreneur Scott McCorkle, already has raised a total of $24.5 million in venture and growth capital and hired 40 staffers.
High Alpha on Thursday announced the launch of its 10th company this year. Filo—which has eight employees and makes and markets a virtual meeting space for teams, workshops, programs and events—has already signed deals with more than 20 customers.
The acquisition announced Tuesday is by far the largest in the 21-year history of Salesforce, which located its Marketing Cloud division in Indianapolis after it acquired ExactTarget in 2013.
Covideo’s platform allows users to send 60- to 90-second video clips embedded in email and text messages and to track if, when and how many times the videos are viewed.
The company founded as Somerset Cloud last year has a new name, majority owner and an even higher growth curve than originally projected.
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.