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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In the last 18 months, more than a half-dozen tech companies have opened up shop in the village or decided to do so.
Read MoreLocal 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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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.
Vincennes University announced its partnership Thursday with Fishers-based Eleven Fifty Academy to develop new talent in the cybersecurity field.
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.
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.
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.
House lawmakers investigating the market dominance of Big Tech on Friday asked Google, Facebook, Amazon and Apple for a broad range of documents.
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.
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.
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.
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.
Prosecutors say David Betner of Indianapolis misled investors by saying his company—Darepoint—was on the verge of a profit-generating buyout.
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.
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.
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.
Anvl plans to use the funds to grow its platform and hire employees in sales, services, engineering and marketing, company officials said.
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.
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.
The software-as-a-service firm has raised $10 million in growth capital since being founded in mid-2015, company officials said.
The acquisition is expected to add about $350 million to $400 million to Salesforce.com Inc.’s fiscal 2020 revenue.
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.
