Google to keep its 200,000 workers home for another year
That makes parent company, Alphabet, the first major U.S. company to push its comeback into the second half of next year.
Tech Companies
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Lawsuit claims former ClearObject owners overstated revenue projections by millions
Egis Capital Partners and ABS Capital Partners claim several high-profile ClearObject executives, including CEO John McDonald, deceived them about how much revenue and profit the company was projected to make.
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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
Indianapolis-based workforce analytics firm acquired by tech titans
Analytic.li, an Indianapolis-based workforce analytics firm, on Tuesday announced that it has been acquired by Novi Group LLC, an investment group led by Hoosier natives Fred Luddy and Greg Bell.
Armed with $100M, Novus Capital prowls for acquisition
The “blank check company”—formed to acquire one or more businesses and merge with them as a way to take those companies public—closed its funding round in May and is looking for a business to buy.
Republic Airways, Zylo, KSM, Woven, Kronos among winners at Mira Awards
The 21st annual event had been scheduled to take place April 18 at the JW Marriott Indianapolis, but TechPoint postponed it due to the pandemic and decided to hold it virtually Thursday night.
Ex-Brightpoint execs plan IPO to raise $100M for new tech firm
Novus Capital Corp. formed last month and is seeking to acquire companies “that are at the forefront of high technology.”
Flow of venture capital for Indiana tech firms slows dramatically
The drop in capital investments in the first quarter likely is an indication of investor caution in the face of the coronavirus crisis.
Indy tech sector is growing in size, but not in U.S. job market share
A recent report concluded that 90% of the nation’s tech and innovation sector employment growth from 2005 to 2017 was generated in just five major coastal cities: Seattle, Boston, San Francisco, San Diego and San Jose, California.
Fishers-based Eleven Fifty coding academy partners with Vincennes University
Vincennes University announced its partnership Thursday with Fishers-based Eleven Fifty Academy to develop new talent in the cybersecurity field.
Fishers ag-tech firm that had big growth plans files for bankruptcy
Fishers-based Aggressively Organic Inc., an agricultural technology company that focuses on alleviating food insecurity, announced plans in 2017 to hire 200 people by the end of 2021.
Tech parks say they need more tax revenue to keep expanding
Seventeen of the state’s 23 tech parks have either hit or soon will hit the cap on the amount of tax revenue they can capture—and the people who run the sites say that puts all their progress at risk.
High Alpha-backed firm raises $2.6 million in seed funding
The funding round for Base HQ Inc. was led by Minneapolis-based Matchstick Ventures with participation from Revolution’s Rise of the Rest Seed Fund, High Alpha Capital and Slack Fund.
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.
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.