Lawmakers ask four big tech companies for documents in probe
House lawmakers investigating the market dominance of Big Tech on Friday asked Google, Facebook, Amazon and Apple for a broad range of documents.
Tech Companies
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Broad Ripple becoming tech boom town
In the last 18 months, more than a half-dozen tech companies have opened up shop in the village or decided to do so.
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TechPoint, TMap get aggressive to lure ex-pat techies to Indiana
Local tech advocacy group TechPoint is partnering with TMap, an Indianapolis startup headed by former Angie’s List CEO Bill Oesterle, and five blue-chip companies to bring far flung native Hoosiers back to the state to work.
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Articles
Self-funded firms take all the risk, all the rewards
Venture capital is supposed to be the lifeblood of fast-growing tech startups. But a handful of Indianapolis-area companies are defying that widely embraced mindset.
Bottom-Line Performance acquired by Kentucky consulting firm
Husband-and-wife duo Kirk and Sharon Boller founded Bottom-Line Performance in 1995 and grew it to more than 30 employees serving a national client base.
Carmel firm pioneering software designed to give drones digital license plates
Many within the unmanned aircraft industry think identification technology such as that made by Carmel-based Pierce Aerospace is the last piece needed for companies like FedEx and Amazon to start using drones to deliver packages to doorsteps.
Marketing software firm Perq raises $6 million in capitals
The most recent funding is expected to fuel the growth of Perq’s artificial intelligence-driven marketing cloud for big-ticket retailers, company officials said.
Local business owner charged in tech startup scam, accused of bilking investors
Prosecutors say David Betner of Indianapolis misled investors by saying his company—Darepoint—was on the verge of a profit-generating buyout.
KSM Consulting acquires local app development company Connect Think
Connect Think’s two owners, Justin Bolles and Chris Waugh, along with six of the company’s eight other employees, joined KSMC as part of the acquisition.
Local tech firm signs multiyear deal to sponsor Colts training camp
The partnership between the Colts and Kerauno LLC, a communications software-as-a-service company, will allow the team to utilize the firm’s products as part of a larger marketing strategy.
Carmel-based startup seeking $7M in funding to begin national expansion
With a series A funding round underway, Work Here is mapping out a big marketing push, aiming for a major national expansion and planning a hiring spree.
High Alpha portfolio firm Anvl raises $2M in seed funding
Anvl plans to use the funds to grow its platform and hire employees in sales, services, engineering and marketing, company officials said.
Ten states sue to stop $26.5 billion Sprint-T-Mobile deal
The attorneys general, all Democrats, said eliminating a major wireless company will immediately harm consumers by reducing competition and driving up prices for cellphone service.
U.S. House mulls antitrust help for news industry
Members of both parties on Tuesday suggested legislation may be necessary for the financially struggling U.S. news industry as lawmakers began a bipartisan investigation into the market dominance of Silicon Valley companies.
Carmel tech firm Lumavate raises $3M in growth capital
The software-as-a-service firm has raised $10 million in growth capital since being founded in mid-2015, company officials said.
Salesforce buying Tableau Software in $15.7B all-stock deal
The acquisition is expected to add about $350 million to $400 million to Salesforce.com Inc.’s fiscal 2020 revenue.
Bloomington software firm nabs $10 million investment
FormAssembly launched in 2006 and this is first time it will take outside money. The company says the investment comes in the midst of a wave of consumer demand for data regulation.
Carmel-based Rook Security acquired by English firm
Rook Security, an 11-year-old firm that specializes in cyber-threat detection and response services, had been on a torrid growth pace for most of this decade but has downsized its workforce more than 60 percent over the past three years.
Reports: Justice Department preparing antitrust probe of Google
Politicians and outside antitrust analysts have expressed concern in recent years that Google controls too much of the online digital ad process.
United States’ delay to Huawei ban gives tech sector time to adjust
The United States is delaying restrictions on U.S. technology sales to Chinese tech powerhouse Huawei in what it calls an effort to ease the blow on owners of its cell phones and smaller U.S. telecoms providers that rely on its networking equipment.
FCC chairman backs T-Mobile-Sprint deal in key endorsement
Federal Communications Commission Chairman Ajit Pai said Monday he supported the $26.5 billion deal because the two companies promised to expand mobile internet access in rural areas and roll out 5G, the next generation of mobile networks.
Engineering firm to invest $1 million, add up to 135 Bartholomew County jobs
LHP Engineering Solutions, a minority-owned firm launched in 2001, targets the automotive, aerospace and medical industries.