New sports tech startup backed by IEDC
The Indiana Economic Development Corp. is backing the effort with a 21st Century Fund grant and expects the initiative to generate new investment and innovation opportunities for the state.
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
Fishers software firm plans to add about 50 employees
Mobile reCell announced Thursday it will triple its workforce, growing to about 70 employees by the end of year after opening a new headquarters last month.
Indianapolis tech scene has Irish eyes smiling
Ireland is interested in attracting fast-growing U.S. companies looking for a European outpost and has turned its attention to Indianapolis.
Indy software company plans to add 355 jobs
Kennected announced Monday it plans to invest more than $2 million in its expanding operations with the release of an integrated suite of business lead generation software known as K-Suite.
Digital marketing firm plans 224 jobs in Indy, just months after acquiring local startup SmarterHQ
Wunderkind Corp., a digital marketing company that was known as BounceX until last year, said it would co-locate its operations with SmarterHQ, which continues to maintain its own branding, at 9102 N. Meridian St.
Pilot project bringing autonomous shuttles to streets of Indianapolis, Fishers
A six-month public shuttle service will launch in Indianapolis in May and in Fishers in November. The project is backed by the Toyota Mobility Foundation and numerous other public and private partners.
Why dealmakers expect tech M&A to keep up its red-hot run
Salesforce.com Inc.’s December announcement that it was buying Slack Technologies Inc. for $25 billion—the largest software deal of the year—could spur other companies to revisit their wish lists, advisers said.
From Zoom to Quibi: Tech winners and losers of 2020
In many ways, 2020′s pandemic-induced isolation threw our dependence on technology into overdrive, snipping away at our real-life connections while bringing digital relationships to the fore. Here’s a look at the tech offerings that succeeded and those who didn’t.
House investigation faults big tech firms for engaging in anti-competitive tactics
The House investigation of Amazon, Apple, Facebook and Google stopped short of calling for a breakup of any of the companies. Instead, it proposed the most sweeping overhaul of U.S. antitrust law in decades.
Spot Freight spins off new software company, adds 40 workers
The spinoff company, Red Technologies, is built around proprietary software that Spot launched in 2015 to help connect shippers, trucking companies and drivers for the purpose of freight brokering.
Ecommerce startup TruLocal preparing to launch in Indianapolis
The San Francisco-based company plans to offer local retailers an online platform where they can reach customers and sell their products.
Despite pandemic, Indiana companies making venture capital gains
In the first half of 2020, there has been a significant year-over-year increase in both the number of venture capital investments made to Indiana companies and the total amount invested.
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.
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.