Angie's List Inc. on Wednesday reported a loss of $8.3 million for the second quarter, ending its streak of two profitable quarters and sending its shares down about 21 percent in late-morning trading.
All have led some of the most promising companies and organizations in the city’s burgeoning tech space for at least three years—bootstrapping and collectively raising more than $12 million in venture capital and employing about 150 people along the way.
Indianapolis-based Scale Computing Inc. has raised another $18 million in venture capital that CEO Jeff Ready expects will allow it to hire more employees, potentially move downtown and become profitable.
Several of the Indianapolis area’s most experienced entrepreneurs and tech executives have joined forces on a digital marketing startup with aggressive growth plans.
Longtime Angie’s List Inc. CEO Bill Oesterle has officially resigned from the company while COO Mark Howell takes the reins during the search for a permanent successor.
Emarsys, a digital marketing company, is looking to establish a North American headquarters soon, and Indianapolis is on its short list, sources told IBJ.
Backed by a bevy of investors, former ExactTarget CEO Scott Dorsey and three Indianapolis startup mavens have founded a “startup studio” that will create tech companies.
CloudOne, SteadyServ Technologies and Blue Pillar were recognized as Red Herring Top 100 North American Startups on Wednesday, marking the first time three Hoosier firms took the honor in the same year.
The reality is that food and agriculture present us with a greater opportunity for entrepreneurship and wealth creation than the Internet did back in 2000.
Many of ExactTarget’s former employees and investors are still investing, advising and innovating right here in Indianapolis.
Chris Baggott, one of ExactTarget’s three co-founders, said the main ingredients of the new startup are food trucks, delivery-only kitchens and Uber drivers. He predicts it will be a $1 billion company.
Steve Fouty, a 20-year finance veteran, has been involved in IPOs or acquisitions, or both, at Software Artistry, Compendium, ExactTarget and Emerging Threats.
TechPoint announced Friday that Apparatus founder Kelly Pfledderer has replaced chairman Mark Hill and that former ExactTarget co-founder Scott Dorsey has joined its executive team.
Chicago-based Geofeedia opened an Indianapolis office last December, which now hosts 26 of its 45 employees. It recently committed to adding 336 more Indiana workers by 2020 in an economic development deal with the state.
Tim Cook, the CEO of Apple Inc., has added his name to the list of business leaders who don’t like Indiana’s new “religious freedom restoration” law.
The blockbuster acquisition by Salesforce.com is still helping Indianapolis attract new investment capital, recruit talent, and burnish its reputation as an emerging tech hub, according to panelists at IBJ's Technology Power Breakfast.
Indianapolis-based business software firm CTI Group Holdings Inc. on Wednesday announced the appointment of Manfred Hanuschek as its new CEO and president.
Mobile-app developer Bluebridge Digital is moving to bigger offices, adding employees, and including ExactTarget co-founder Scott Dorsey as an investor.
John Qualls, former CEO of Bluelock, has joined Eleven Fifty, the Carmel-based coding academy started by serial entrepreneur Scott Jones.
Tim Kopp’s move comes on the heels of hc1.com’s reporting that new customers more than tripled from 2013 to 2014 and that subscription revenue has grown for 15 consecutive quarters.
