D.C.-area tech and marketing firm plans to open Indy office, hire up to 100 this year
U.Group formed last year through the merger of a firm specializing in government IT and another focused on digital marketing.
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IU professor builds IoT-based system to save factories millions on energy bills
Amrou Awaysheh, an IU Kelley School of Business assistant professor of operations management, is building an IoT-based system he says can save factories $100 million annually in verified energy savings.
Allos Ventures closes third VC fund at $52 million
The Allos III fund has already invested in eight technology companies, and Allos officials said the fund could invest in up to 30 across the Midwest.
House passes bill to prevent companies from forcing employees to be microchipped
House Bill 1143 would prohibit businesses from using the implantation of some type of tracking or identification device as a condition of employment for current or prospective workers.
New High Alpha firm creates tech to connect citizens to police
High Alpha on Tuesday announced the startup of Relay, which makes software designed to help citizens connect more easily with police departments for non-emergency calls.
Software firms use freemium model to snag paying customers
Giving away your product is not usually considered an ideal business model. But a growing number of software firms are doing just that.
Somerset launches cloud company with big ambitions
Indianapolis-based accounting firm Somerset CPAs said its new tech company, Somerset Cloud, is on a path to go national.
Indiana tech companies see major jump in venture capital
Indiana tech companies made a major haul in venture and growth funding in 2019, scoring a 260% increase over 2018, according to TechPoint, a statewide tech industry advocacy group and accelerator.
IBJ Podcast: Deciphering 5G and the new Indiana 5G Zone
Host Mason King talks with Bill Soards, president of AT&T Indiana, and Sean Hendrix, who is the director of emerging technologies and partnerships for Purdue Research Foundation, about why 5G matters and how it could be used in the manufacturing, agricultural and other sectors.
Carmel startup uses technology developed by NASA in 1960s
Ian Hamilton launched Atlas Energy Systems LLC in 2013, repurposing the space-race technology into thermionic energy converters.
Digital marketing firm Lev plans to add 80 jobs as it grows quickly
Lev added 92 employees in 2019, exceeding the goal of 70 new hires that it set when it announced the move of its headquarters to Indianapolis in February 2019.
High Alpha portfolio company launches with $1.5M in seed funding
Docket, a software-as-a-service firm, announced the completion of a $1.5 million seed round led by locally based Allos Ventures, with participation from High Alpha Capital, Elevate Ventures and Simon Equity Partners.
Public-private partnership launching venue to test, develop 5G technologies
Indiana is positioning itself to be the epicenter for the latest generation of wireless technology, which experts say will be revolutionary.
Local startups team up to advance drone parcel-delivery system
The partnership unites Pierce Aerospace’s remote identification technologies and DroneDek’s patented last-mile logistics offering, including a drone mailbox system.
2019 YEAR IN REVIEW: ClearObject, Doxly, Synovia among year’s big tech acquisitions
In one of the year’s highest-profile tech deals, two out-of-state private equity firms took a majority stake in Fishers-based tech company ClearObject, which for years has ranked among the fastest-growing firms in the Indianapolis area.
Indiana State taking high-tech approach to product packaging
Indiana State University is at the forefront of the increasingly complicated and important world of packaging. It’s one of seven colleges in the U.S. to offer a four-year degree in package engineering technology.
Senate passes anti-robocalls bill; Trump expected to sign
The bill would stiffen enforcement and require that phone companies offer free consumer tools to identify and block scam calls. It also calls for tougher fines when individuals intentionally violate the law.
Local educational technology firm acquired by Silicon Valley company
Mimir Corp., a five-year-old Indianapolis-based educational technology company, announced Tuesday it has been acquired by Silicon Valley-based HackerRank. The California-based buyer said it would retain Mimir’s employees and grow its presence in Indianapolis.
Local tech startup Sigstr sold to Atlanta-based marketing tech firm
Sigstr, which sells software that enables companies to leverage employee emails for marketing purposes, is expected to maintain—and grow—its Indianapolis presence under the Terminus name, company officials said.
Libraries can’t keep up with e-book demand as they clash with publishers
New York-based Macmillan Publishers on Nov. 1 began limiting libraries to one license of each new e-book title for the first two months after publication. That’s created even longer waiting lists of e-books at public libraries.