Coding academy Iron Yard to close all locations
The for-profit coding academy, which opened an Indianapolis school in spring 2015, said it will cease operations at all locations at the end of the summer.
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Indianapolis-based grading-software startup plans to add 102 workers by 2021
Mimir Corp., which relocated its headquarters from West Lafayette to downtown Indianapolis last month, sells software that automates computer science grading and checks for plagiarism. It’s used by more than 80 universities worldwide.
Indy-based parking tech company buys Atlanta software firm
With the deal, T2 Systems gains access to new U.S. markets, its CEO said.
TechPoint taps former Salesforce leader McCorkle as board chairman
The not-for-profit tech advocacy group has passed the board torch to Scott McCorkle and added two other software executives to the ranks.
Path to merger for Angie’s List full of twists, turns
Securities filings show how activist investors gained influence, how organic turnaround plans lost favor, and how IAC played hardball at the negotiating table.
Tech executive Love steps down as Bloomerang CEO
Serial entrepreneur Jay Love, who co-founded the software firm in 2012, has passed the reins to his former chief operating officer.
IMA technology chief developing new tools to make collections more accessible
Stuart Alter, the Indianapolis Museum of Art’s first director of technology strategy, said collaborations with partners in the community and with other museums help the institution enhance the visitor experience and make its art available to more people.
Infosys picks North Carolina for second of four planned tech hubs
The first hub was announced for Indianapolis in May and the other two locations haven’t yet been announced. The first two hubs are expected to create 2,000 jobs by the end of 2021.
Fast-growing local software firm bought for $80M by public company
Indianapolis-based Archway Technology Partners, which specializes in wealth management, reported revenue growth of 104 percent from 2013 to 2015.
Fast-growing Fishers quality-control firm bought by Japanese companies
Founded in 2009, Stratosphere Quality pushed revenues to about $122 million last year. It employs about 2,300 workers in 22 states, including about 400 in Indiana.
Indiana likely to go to court over online sales tax collections
Indiana lawmakers passed a law this spring claiming the state has a right to collect sales taxes from companies using only online transactions.
Non-tech firms hike innovation strategies
A growing number of Indiana corporations are formalizing in-house innovation, an effort aimed at remaining technologically relevant in a fast-changing business landscape.
16 Tech innovation district gears up for work under new CEO
The 16 Tech innovation district, an ambitious economic development project in the works in Indianapolis for more than a decade, has hired a top executive whose goal is to turn the downtrodden area into a thriving center for entrepreneurship and innovation.
IU preps new VC fund amid agency revamp
The school plans to unveil a new venture capital fund this summer under the purview of the Indiana University Research and Technology Corp., which was overhauled to better address startup needs.
Legal fight over Indiana’s anti-political robocall law ends
A Chicago-based veterans advocacy group’s seven-year struggle to strike down Indiana’s ban on political robocalls has ended with the U.S. Supreme Court declining to review a lower-court ruling upholding the law.
iPhone maker considering Indiana, other Midwest states for $10B in investments
Foxconn Chairman Terry Gou says its U.S. investments could be in seven states, naming Indiana, Ohio, Pennsylvania, Michigan, Illinois, Wisconsin and Texas.
Ed-tech startup scales up team, picks Indy as home base
Mimir, which was previously based in West Lafayette, recently moved its headquarters to downtown Indianapolis. It has 14 employees, up from three last year.
Music-marketing startup closes $3 million seed round
In its first round of institutional fundraising, Fishers-based Fuzic secured backing from High Alpha, Allos Ventures and Hyde Park Venture Partners.
Torchlite closes $2M fundraising round, bolsters board
Former Salesforce executive Scott McCorkle has been named Torchlite’s executive chairman. The $2 million round brings the marketing firm’s total financing take to $4 million since its launch in 2015.
Cummins to launch its first all-electric products in 2019
The Columbus-based company, known for its diesel engines, says it’s positioning itself for the future in alternative vehicle technologies.