Power-grid software maker lands $7M in venture capital
Indianapolis-based Blue Pillar Inc., which makes software to manage electrical grids, has closed on $7 million in funding from four venture capital firms, it said Monday.
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BrightPoint stock sinks on lower earnings report
BrightPoint Inc. stock fell as much as 12 percent early Friday morning following disappointing first-quarter earnings that prompted the company to lower its 2012 financial forecast.
Growth pushes Bluelock into black
The growing popularity of cloud computing is sending sales skyward for Bluelock, a 6-year-old firm that is turning a profit and garnering national attention.
Angie’s List posts larger loss, but higher revenue
The Indianapolis-based company reported a first-quarter loss of nearly $13.5 million on revenue of $31.1 million. Paid memberships topped 1.2 million, an 81-percent increase from the same period a year earlier.
Interactive Intelligence shares fall on smaller profit
Shares of Interactive Intelligence fell as much 10 percent in early trading Thursday after the Indianapolis-based software maker reported lower earnings.
Indianapolis expects savings from sweeping energy project
The city is guaranteed $7.5 million in savings over 15 years from a $18 million upgrade of city facilities, and the savings are expected to accumulate further.
Angel Learning’s founder thinking big again
IT professor Ali Jafari, who netted Indiana University $23 million on its $130,000 investment in his Angel Learning when it sold three years ago, recently launched CourseNetworking, which allows learners across the globe to connect and chat around shared interests and class subjects.
WellPoint enrolls IBM supercomputer at IU medical school
IBM’s supercomputer Watson is already a “Jeopardy!” champion. Now, three doctors in Indianapolis are trying to teach it how to treat cancer.
DORA: Technology can divide customers, businesses
Speed and impatience short-circuiting customer service.
GRAVE: Technology is driving snap impressions
Consumers are researching online before walking in the door.
ALTOM: What matters most, privacy or convenience?
As our devices become more aware of our travels, our preferences, our contacts, our messages, our photographs and even our dexterity, the line between convenience and spying is crossed without us even being aware of it.
HUNCKLER: Old-style bootstrapping is alive and well in tech
Indianapolis-area entrepreneurs are finding ways to fund their companies.
Town, gown and techies team up in Bloomington
Technology Partnership aims to boost sector, recruit employers and talent.
Young Indy-area tech entrepreneurs enjoy deep support
MyJibe co-founder Mike Langellier is among a new generation of tech entrepreneurs in the Indianapolis area that benefits from a host of support their predecessors never enjoyed.
Techies pressing again for direct Silicon Valley flights
High-tech firms have been clamoring for a couple of decades for nonstop flights between Indianapolis International Airport and California’s Silicon Valley. One of Indiana’s tech icons made it clear recently that the need is as urgent as ever.
Startups launch apps to facilitate good deeds
Two startup firms, Cause.It LLC and Trensy LLC, have created tools that link charitable behavior and consumption. Like the hit app Foursquare, the newcomers encourage users to “check in” when they show up at events or complete activities so they can earn rewards offered by local businesses.
Roche’s downsizing to claim about 80 local IT workers
Roche Diagnostics Corp. plans to eliminate about 80 information technology jobs at its Indianapolis-area campus over the next two years, the company said Thursday morning.
Manufacturers prowling for skilled workers
Factories laid off droves of workers during the recession but now struggle to find tech-savvy employees during the recovery.
Judge rejects some of Indiana’s claims against IBM
The core issue in a dispute over a project to modernize Indiana's welfare system — whether IBM breached the billion-dollar contract — wasn't addressed when a judge dismissed 17 of the state's claims against the computer giant, an attorney for the state said Monday.
Judge tosses claim that IBM misled to land state contract
Marion County Superior Court Judge David J. Dreyer on Sunday dismissed the state’s claim that IBM knowingly or intentionally provided false information to the Family and Social Services Agency in order to obtain a contract with the agency.