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.
Docket, which launched in 2019, wrapped up its operations in September after the meetings-platform company Zoom hired its team. In 2020, Docket had won Zoom’s annual “Whale Watch” competition, scoring a $1.25 million venture investment as a result.
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.
Stitch, an Indianapolis-based software consultancy, was founded in July by three former leaders at Indianapolis-based Lev. Stitch now has about 20 employees, a number its CEO says could grow to 150 or more over the next three years.
Carmel-based Hageman Group, Indianapolis-based Allos Ventures and Indianapolis-based Elevate Ventures Inc. all participated in the funding round.
EnVista, which has 850 global employees and expects $185 million in revenue this year, is selling the commerce and transportation parts of its business to Germany-based Körber. Once the deal closes, 400 enVista employees, including its cofounder, will join Körber.
The tech industry’s latest artificial intelligence constructs can be pretty impressive at some things. But they’re not so good—and sometimes dangerously bad—at handling other seemingly straightforward tasks.
This is the third acquisition announced this year for Indianapolis-based Greenlight Guru, which offers a platform to help medical device makers with regulatory requirements.
The federal government said Thursday that artificial intelligence technology used to screen new job candidates or monitor worker productivity can unfairly discriminate against people with disabilities.
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 software developer moved to Denver, where he organized music festivals, and Atlanta, where he co-founded AudioKit Pro, a company that makes apps used on Apple’s mobile operating system. But he came back to Indianapolis last year.
Ironclad, which allows users to negotiate, sign and manage online contracts, established a local presence when it acquired Indianapolis-based PactSafe a year ago.
Sunnyvale, California-based Gener8 LLC has acquired RND Group, a 25-year-old software development firm headquartered in Indianapolis, the companies announced.
Chicago-based ActiveCampaign, which opened an Indianapolis office in 2019, had been searching for months for a new, larger space. Its new office will be an 8,800-square-foot space on Mass Ave.
The equity investment is by far the largest single capital raise by an Indiana-based technology company in the state’s history, according to Indianapolis-based TechPoint, a not-for-profit that supports the state’s tech industry.
Clear Software, founded in 2015, offers tools to help simplify and streamline business processes. Microsoft said the acquisition will help it improve its Microsoft Power Platform, which offers a variety of business-oriented tools for users.
About 300 techies, designers and other young specialists are expected to descend on Butler University next week to participate in the AT&T 5G Sports Hackathon, with $100,000 in prize money up for grabs.
Fast-growing software company Greenlight Guru recently moved into new, bigger office space at the Union Campus on South Meridian Street. The company says it is committed to maintaining physical offices, even as its remote workforce grows.