Indianapolis-based Motor has closed on a $7 million Series A round of funding. The company, which has developed an electric vehicle subscription platform, said this month it will use the funding to refine the platform and expand into new markets.... Read More
Purdue University’s new president, Mung Chiang, outlined his vision on Wednesday for the university’s future—in particular in Indianapolis and in the 63 miles between downtown Indy and its main campus in West Lafayette. ... Read More
Bloomington-based The Mill has selected former Bloomington Mayor John Fernandez to lead the development and marketing of the city's Trades District. In his new role, Fernandez will oversee the construction and launch of the Trades District Technology Center.... Read More
Indianapolis-based TechPoint on Tuesday unveiled the nominees for its 24th annual Mira Awards, honoring the "Best in Tech" in Indiana. The 78 nominees were chosen from a record number of entries and represent almost all regions of the state.... Read More
Elkhart-based Surf Internet says it has raised $100 million in debt financing from DigitalBridge Credit in Florida. The internet service provider said the funding will be used for continued expansion of its fiber networks in the Great Lakes region.... Read More
A bill that would divert some $6 million in state and local tax revenue annually to state-certified technology parks has passed the Senate and is headed to the House, where similar legislation died two years ago.... Read More
Indiana University says a 2019 trip to India helped one alumnus make connections that led to a $2 million funding round for the tech company he co-founded. MProfit has developed a software platform that tracks multi-asset investment portfolios in one place.... Read More
Indiana Wesleyan University on Thursday named local tech entrepreneur John Qualls the executive director of Eleven Fifty Academy, the coding school acquired by IWU in December. Qualls has been serving as interim executive director since the acquisition.... Read More
An inaugural report released by TechPoint, an industry-led growth initiative for Indiana’s technology ecosystem, reveals demand for tech-trained workers is at an all-time high, but the talent supply is not keeping up. The organization says traditional talent pipelines cannot provide enough talent and calls for additional pathways of worker development.... Read More
A Zionsville-based ad tech startup has closed on a $1 million seed round of funding. Adverank LLC has developed a software platform designed to boost pay-per-click, or PPC, advertising in the self-storage industry.... Read More
California-based aerospace company Stratolaunch LLC and Purdue University have established a partnership to accelerate the process to design, build, test and fly hypersonic vehicles. The company says it will establish the Stratolaunch Advanced Programs Office at the Convergence Center in Purdue’s Discovery Park District in West Lafayette.... Read More
For the third consecutive year, a Purdue University-affiliated company has been named to the Most Fundable Companies list from Pepperdine University’s Graziadio Business School. The business school named biotechnology company OmniVis to the prestigious list.... Read More
Indianapolis-based Authenticx Inc., a business communications software company, has raised $20 million in venture funding. CEO Amy Brown said Authenticx plans to deploy its new funding in multiple ways, including hiring between five and 10 additional people.... Read More
Indianapolis-based Upper Hand has closed on an oversubscribed round of funding. The software company said it will use the funding to accelerate the development of its software and payments platform, though it declined to disclose a specific dollar amount.... Read More
Indianapolis-based venture studio High Alpha is making some changes to the way it cultivates tech startups, with an eye towards identifying a broader range of entrepreneurs to lead its portfolio of companies.... Read More
Indianapolis-based tech company Bloomerang has selected Dennis Fois as its new chief executive officer. Fois most recently served as CEO of Copper CRM, a customer relationship management (CRM) software platform headquartered in San Francisco.... Read More
Montgomery-based RTC Communications broke ground Wednesday on a $4 million broadband project in Bicknell. CEO Kirk Lehman told our partners at WTWO-TV the project follows a feasibility study to determine if there was demand for more broadband service in city.... Read More
Global cloud-computing powerhouse Salesforce Inc. was mum on Wednesday morning about the effect on its Indianapolis operations of a major restructuring plan that will eliminate about 10% of its workforce companywide and shrink its real estate footprint.... Read More
The former CEO of Indianapolis-based TechPoint has a new gig in Indy. Mike Langellier has joined High Alpha as operating partner and head of new ventures, and the venture studio says he will help discover, refine and launch new tech companies.... Read More
An associate professor of business law and ethics at the Indiana University Kelley School of Business expects to see a growing number of lawsuits from other states against social media company TikTok. Abbey Stemler says lawmakers are skeptical of what the Chinese government might be doing with user information obtained through the Chinese-owned video platform... Read More
