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.
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Software firm Lessonly scores $15 million in latest venture funding round
The funding—secured before the coronavirus hit the U.S.—will be used to fuel growth across all segments of the company, said Lessonly CEO Max Yoder.
Americans adopting e-commerce faster than ever amid pandemic
The buy-online-pickup-in-store option, known as BOPIS, saw a 62% surge in the Feb. 24-March 21 period compared with a year earlier, according to Adobe Analytics.
Get off the couch! Setting up your home office well is key to success in remote working.
The rush to set up home offices has been traumatic for some. However, experts maintain that, with the right furnishings, equipment and software, it can be pulled off with minimal—or at least only a modicum—of frustration.
Global educational-technology firm puts key division in Indianapolis
London-based Learning Technologies Group has announced Indianapolis will be the headquarters of its new learning-management subsidiary, a boost to the city’s already growing educational technology sector.
Tech firm Selfless.ly mobilizes army of volunteers to aid ailing not-for-profits
This week, Indianapolis tech firm Selfless.ly partnered with Serve Indiana—the state commission on volunteerism and service—to launch an initiative to identify a cadre of ready volunteers and match them with volunteer opportunities that can be accomplished while social distancing.
Fast-growing local tech firm Lev acquired by New Jersey-based IT giant
Lev will retain its name and operations in Indianapolis after being acquired by Cognizant, a publicly-traded company making its third cloud-related acquisition this year.
Telemedicine emerges as care option during COVID-19 outbreak
Virtual care has long been touted as a way to get help quickly instead of waiting days to see a doctor, yet Americans have been slow to embrace it. There are signs that may be changing because of COVID-19.
Hackers pounce as virus forces employees to work remotely
Cybersecurity experts warn that cybercriminals are moving in to target people not used to working from home and companies without work-at-home policies or cyber-safety nets.
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.
Startup’s app gives kids way to earn screen time through physical activity
New Palestine entrepreneur Andrew Armour spent four years developing his app, Activate Fitness, and the launch of the innovative software this month comes as children are not in school and parents struggle to control how they use their extra free time.
IndyHub launches virtual meet-ups initiative in response to pandemic
IndyHub, working with Leadership Indianapolis, plans to host digital book clubs, panel discussions and virtual meet-ups, replacing their traditional event and program schedules with opportunities to convene remotely.
KAR rethinks strategy for startup after it loses $125M in two years
Auto auction giant KAR Global’s bet on a phone app that facilitates dealer-to-dealer car sales has cost it a fortune over the past two years—so much so that KAR now is retooling its strategy for the fast-growing division.
Hackers pounce as coronavirus spread triggers work-at-home movement
Cybersecurity experts warn that cybercriminals are moving in to target people not used to working from home and companies without work-at-home policies or cyber-safety nets.
Local software firm Woven scores $2.5M in seed funding
The venture capital round was led by Indianapolis-based High Alpha Capital with participation from existing investors and Elevate Ventures.
First 16 Tech office building set to open in June; Innovation Hub to follow
The long-planned $500 million project is at a pivotal moment—one its organizers say could serve as a catalyst for tremendous growth at the 50-acre campus and for central Indiana overall.
Local firm, IUPUI offers free software to schools closed by coronavirus outbreak
CourseNetworking, an Indianapolis-based maker of distance learning and collaborations software, and the IUPUI CyberLab are offering a free solution for schools through their Learning Management System.
Business leader Jack Welch, who transformed General Electric, dies at 84
Jack Welch had a a major impact on business in Indiana during his tenure, directing GE to sell most of the assets of RCA Corp. to French multinational corporation Thomson SA in 1987. RCA employed thousands of people in Indianapolis and in Bloomington, making televisions, radios and records.
Local email management firm acquired by hungry Boston company
250ok Inc., which employs about 55 people, will be the fifth major acquisition in the last two years for Boston-based Validity Inc.
Tech firms offering more incentives to attract talent needed to fuel growing sector
Lisa Maloney, assistant vice president and the Indianapolis branch manager for Robert Half, is on the front line of helping local companies find tech talent. She recently discussed with IBJ the challenges local tech firms face in finding the talent they need to grow the sector and what IT professionals are demanding for their services.