Fishers medical device startup raises $10M to launch first product
By the end of the year, Recovery Force plans to seek FDA clearance for the system for hospitals that helps patients regain mobility. Sales could begin in mid-2020.
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Startup sees big potential in Amazon-like site for orthodontists
Indianapolis orthodontist Jeff Biggs has been putting smiles on people’s faces for two decades. Now he’s hoping to put smiles on the faces of orthodontists themselves with a new one-stop online marketplace to launch early next month.
Big changes at Salesforce: Bob Stutz jumps to rival; Marketing Cloud division gets new chief
Bob Stutz—who until last month led Salesforce’s Marketing Cloud unit—has left the company to become the president of engineering for customer experience at SAP.
Nearly all states backing antitrust investigation into Facebook
A state-level antitrust investigation into the social network now has the backing of a bipartisan group of 47 attorneys general.
Carmel Council urges lawmakers, FCC to limit 5G technology deployment
The resolution follows several weeks of discussion among Carmel officials and residents, who have expressed concerns about the health and safety implications of 5G technology.
WeWork debacle casts cloud over IPO market for unicorns
Software stocks that constitute the biggest part of the U.S. equity market are teetering, and recent struggles by the cohort of tech unicorns looking to go public aren’t helping.
Federal government struggling to place value on internet activity
It’s a new challenge in the digital age to measure and value consumer data, fed to tech giants by tracking us via our many devices, including work computers, phones and even smart TVs.
IU receives $60M gift from tech pioneer Fred Luddy for AI initiative
In recognition of the gift from Luddy, an IU student in the 1970s, the university’s trustees have approved changing the name of the informatics school.
Startup aims to provide digital ‘Green Book’ for minority travelers
LaToya Johnson launched AwayZone, which she describes as a kind of digital Green Book, in Indianapolis in late 2017. She already has commitments from dozens of corporations to pay for monthly subscriptions to be a part of the app and has a plan to boost revenue to $4.1 million by 2022.
Purdue tech startup lands $6.9M grant from Department of Energy
A Purdue University-affiliated startup recently received a $6.9 million grant from the Department of Energy to develop a system to predict when nuclear reactor components need maintenance or replacement before they fail and cause power outages.
Tech distribution giant Ingram Micro opens Plainfield facility, plans 151 jobs
The facility will offer a range of technology disposition services, including data erasure and drive destruction, processing, remarketing and recycling.
High-tech mobility company plans lab, 50 high-paying jobs in Westfield
Aptive Plc, a mobility tech company formerly known as Delphi Automotive, plans to open a $9 million engineering lab in Westfield, the city announced Monday night.
Butler professor isn’t just playing with new esports book
When professor Ryan Rogers began teaching Butler University’s first class entirely on esports in the spring of 2018, he looked high and low for books and course materials on the subject. When he didn’t find much, he decided to create his own book.
Local employee engagement software firm raises $15M in capital
The most recent round of funding was led by New Jersey-based growth equity investor Edison Partners. Prior investors also participated in the round.
Facebook CEO to appear before Congress on currency plan
The focus will be on Facebook’s plan to create a digital currency and its role in housing. The company agreed in a legal settlement in March to overhaul its ad-targeting systems to prevent discrimination in housing, credit and employment ads.
Goodbye to iTunes: Once-revolutionary app gone in Mac update
Sidelining the all-in-one iTunes in favor of separate apps for music, video and other services will let Apple build features for specific types of media and better promote its TV-streaming and music services to help offset slowing sales of iPhones.
Small businesses increasingly a target for cybercriminals
While businesses of all sizes are victims of cyberattacks, the smaller the companies, the more vulnerable they can be.
Q&A: Tech worker drinks it in with podcast
Indianapolis resident Fabian Rodriguez started the fast-growing Drink Culture podcast with Jared Byczko as an escape from his boring job selling cars.
TechPoint’s ‘red carpet’ event aims to match non-Hoosiers with jobs in central Indiana
Twenty-eight potential Hoosiers—some with Indiana connections and others with none—are scouting Indianapolis as part of a TechPoint “red carpet experience” to see if the city is a place they’d like to call home.
Local software startup lands $10M in seed funding, moves HQ to California
Edify Labs Inc., a contact-center software firm founded in Carmel a year ago, announced Tuesday that it has raised $10 million in seed funding in one of the largest funding rounds of its type this year.