MakeMyMove secures $2M investment
Indianapolis-based MakeMyMove, which offers a platform and services that help communities attract remote workers, recently closed on a $2 million investment to fuel the company’s continuing growth.... Read More
Susan Orr
Indianapolis Business Journal
Idaho firm acquires controlling stake in Sharpen Technologies
Idaho-based private equity firm Teleo Capital Management has acquired a controlling stake in Indianapolis-based Sharpen Technologies. Financial terms were not disclosed, and the announcement did not specify what percentage of the company Teleo now controls. ... Read More
Hoosier manufacturers ramping up tech adoption, report shows
More than half of Hoosier manufacturers surveyed by Conexus Indiana this year said they have implemented or piloted at least one digital technology into their operations—a dramatic increase from just two years ago.... Read More
Indiana Wesleyan in negotiations with Eleven Fifty Academy
Eleven Fifty Academy, the Indianapolis-based computer coding school that is in financial distress, is negotiating with Indiana Wesleyan University about a potential deal that, among other things, could lead to the university acquiring the coding school’s curriculum.... Read More
Indy-based tech firm Zylo lands $31.5M investment
Indianapolis-based Zylo Inc., which helps its customers manage their software subscriptions, has landed another $31.5 million in growth capital from a mix of new and existing investors.... Read More
Heartland Ventures closes $52M investment fund
Heartland Ventures, an Ohio-based venture capital firm with a unique business model has closed on its $52 million second investment fund. Heartland also has offices in Indianapolis, South Bend, San Francisco and New York City.... Read More
Eleven Fifty Academy in financial straits, seeking new operator
Indianapolis-based computer coding school Eleven Fifty Academy, which as recently as late last year had big expansion plans, is now in financial straits and is negotiating with bidders to take over operations.... Read More
Fishers tech startup winds down operations, staff joins Zoom
Fishers-based Docket Inc., a meetings-management software company that launched in 2019, has wrapped up its operations after meetings-platform provider Zoom hired its entire staff. Docket’s top executive announced the move on social media this week.... Read More
Cummins sees more revenue, less profit in latest quarter
Indiana-based Cummins Inc. on Thursday reported that its third-quarter profitability decreased even as revenue climbed.... Read More
Carmel-based KAR announces 300-plus job cuts amid belt-tightening moves
Carmel-based KAR Auction Services Inc. said Wednesday that it plans to eliminate more than 300 positions in the U.S. and Canada as the company moves some of its jobs overseas.... Read More