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.
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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.
Indiana Senate passes ban on holding cell phones while driving
House Bill 1070, authored by Rep. Holli Sullivan, R-Evansville, would prohibit individuals from using a mobile device while driving unless using hands-free or voice-operated technology.
Q&A with Pete Bitar, creator of a personal flying machine
Bitar is a finalist for the GoFly Prize, a $2 million competition in Mountain View, California, sponsored by Boeing for creating an aircraft that can carry a 200-pound person 20 miles without refueling or recharging.
15 months after acquiring Mobi, Tangoe’s local office grows in importance
“We’ve gone from being an ankle biter to an 800-pound gorilla,” said Josh Garrett, Mobi’s co-founder and former president who now serves as Tangoe’s chief strategy officer.
Local dental tech services company acquired by Atlanta firm
Renaissance Electronic Services, an Indianapolis-based tech company that announced major growth plans in 2016, has been acquired by Atlanta-based Vyne, the companies announced Thursday.
Two local technology firms merge after acquisition
The merging companies, Word Systems Inc. and iRecord LLC, will operate as Word Systems LLC and retain all management and employees, officials said.
Apple warns China virus will cut iPhone production, sales
The tech giant is warning investors that it won’t meet its second-quarter financial guidance because of the viral outbreak.
Q&A with Roger Veach, Axia Technology Partners CEO
Roger Veach’s fast-paced career hasn’t kept him from enjoying the rocket ride of his son, Zach Veach, a race car driver for the Andretti Autosport racing team.
Carmel startup Shiftlab using AI platform to help companies with staffing, scheduling
The software-as-a-service company, which was founded in the second quarter of last year, recently secured a local tech veteran as its CEO and hit its primary goal on its seed round of funding.
U.S. regulators probing acquisitions by five giant tech firms
The FTC, the Justice Department and a House committee have been investigating the conduct of Facebook, Google, Amazon and Apple, and whether they aggressively bought smaller potential rivals to suppress competition and hurt consumers.
McDonald steps down as ClearObject CEO to join venture fund
John McDonald said he’s taking a position with Boomerang Ventures to become more involved in the state’s startup ecosystem.
Josh Owens left SupplyKick weeks before dropping out of governor’s race
Owens told IBJ on Tuesday that he left his job as CEO of local tech firm SupplyKick in early January in part to focus on his run for governor. Now that he’s not running for governor, he said he hasn’t decided what his next move is.
California-based OpenPath to open Fishers office in Flexware project
The security firm’s Fishers office will be its first major move outside of its home base in Los Angeles, where most of its 70 employees are located.
Purdue gets $5.9M contract to develop Mach 8 wind tunnel
Purdue, which is already home to one of only two working Mach 6 quiet wind tunnels in the U.S., will collaborate with the University of Notre Dame to develop the Mach 8.
Startup’s solution to back pain gaining traction with auto industry
Comfort Motion Global has five patents on a software-based system that uses algorithms to make periodic micro adjustments to automobile seats.