Orbis Education lands $8 million in venture capital
The locally based maker of nursing-education software will use the infusion to accelerate growth.
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HALO shines on IT upstart
Policy management firm PolicyStat lands venture investment from HALO Capital Group, the angel investor network managed by TechPoint. HALO has invested a total of $12.5 million in firms statewide in the past 20 months.
Health care software firm RealMed regains momentum
RealMed enjoys a nearly 99-percent renewal rate among its current customers and attracted 4,000 new doctors
in 2009. Employment at the company is rising after a steady decline.
$75M investment in ExactTarget may be Indianapolis record
The amount raised since October is in addition to the $69.9 million it received in May from three venture
firms on the coasts, in what was the third-largest venture deal in the nation during the second quarter,
according to the National Venture Capital Association.
CTI reports quarterly loss on lower revenue
Indianapolis-based CTI Group Holdings Inc. lost $337,549 in the third quarter on significantly declining revenue.
Revenue, profit on rise for Interactive Intelligence
Indianapolis-based business software firm Interactive Intelligence on Monday reported higher third-quarter profit on
record revenue of $33.2 million.
Software firm eImagine grows on military contracts
eImagine, an Indianapolis software developer, has seen a 218-percent increase in revenue in large part due to work in the
public sector,
including a major contract for the U.S. army.
Carmel entrepreneurs with ties to ExactTarget hope SmartFile outshines competitors
File-hosting firm is launching new security software that could set it apart in a crowded field.
Interactive Intelligence expects 3Q profit, revenue growth
Communication software maker Interactive Intelligence Inc. said Monday that, based on preliminary results, it expects to report
that third-quarter earnings rose as product and services revenue climbed.
Bluefish Wireless launches unit to help firms manage wireless-phone expenses
Mobi Wireless is targeting medium-size to large companies needing more control of wireless expenses
and fewer internal resources dedicated to the task.
Neighborino LLC rolls out software for homeowners associations
Upstart software company rolls out software that enables homeowners’ associations to create community
Web sites without technical assistance.
Building information modeling replacing computer-aided design
Architects, engineers, contractors and others in the design-build industry hope building information modeling will cut waste.
The technology allows more detailed viewing of projects before they move to construction.
Two businesses open at Flagship Enterprise Center
The Anderson-based Flagship Enterprise Center is on a roll. In the last two months, the small-business incubator
and growth-stage accelerator signed up two new clients: software developers Soveryn Inc. and Coeus Technology.
Lilly software spinoff Maaguzi sells for $11 million
Investors in a company built around clinical research software bought from Eli Lilly and Co. have found their exit, though
it’s far from the lucrative payoff they’d once imagined.
Here’s how to unlock the secrets of PDFs
PDFs are still a mystery to many business folk, even those who routinely receive them and read them.
Small business banks on IT backup
BlueLock provides IT infrastructureâ??or serversâ??to companies for loading software applications, and the startup is growing at a fast rate.
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Creative Street scores with online education
The rising popularity of online education is ringing up sales for a local firm better known for video production.
Community Health touts integrated computer system
Community Health Network has spent three years developing a computer interface that allows doctors and nurses to view all
information and records on a patient in one viewing program.
Fast-growing Tuitive seeks to put unintuitive programmers in back seat of software, Web design
Jonathan Arnold sees big business potential in his firm “Tuitive,” which specializes in cleaning up the confusion caused by
programmers, who often put features and functionality ahead of making their product intuitive to use.
Hamilton County businesses expand
Despite the recession, Hamilton County continues to enjoy economic growth from both old companies and new ones.