Tech Company Secures $48M Series C Funding

A California-based tech company with a growing presence in Indianapolis has closed on a $48 million Series C round of funding. Celigo, which bills itself as an Integration Platform-as-a-Service provider, says it will use the funding to accelerate global expansion and increase its go-to-market capacity.... Read More

Another Indiana County Deemed Broadband Ready

Fulton County is the latest Indiana county to be designated as an official Broadband Ready Community. Lieutenant Governor Suzanne Crouch and the Indiana Broadband Office say the certification notifies the telecommunications industry that a community has reduced barriers preventing infrastructure investment. ... Read More

TechPoint Mira Awards Nominations Begin

TechPoint, the state’s nonprofit growth accelerator for Indiana’s tech industry, is accepting applications for the 2022 Mira Awards, what is often referred to as the “Oscars” of tech in Indiana... Read More

Geospatial Intelligence Firm Wins Navy Contract

Odon-based geospatial intelligence firm geoConvergence has been awarded a $48.9 million contract from the United States Navy. The firm will serve as a subcontractor to Virginia-based Booz Allen Hamilton on a five-year contract that involves developing new capabilities for maritime operations.... Read More

DRONEDEK Inks Deal for Smart Mailbox Production

Indianapolis-based DRONEDEK Corp. has signed an agreement with India-based defense contractor Bharat Electronics Limited to produce its smart mailbox units. The company says it could potentially spend up to $50 million for products that would be distributed worldwide.... Read More

16 Tech CEO Announces Retirement

The president and chief executive officer of 16 Tech Community Corp. in Indianapolis has announced plans to retire. Bob Coy, who in 2017 was selected to lead the nonprofit overseeing the development of the 16 Tech Innovation District, says he will step down in April.... Read More

Franklin Company Partners on VR Esports Leagues

Franklin-based Harena Data is partnering with Phenomena VR in Canada to launch a series of competitive virtual reality esports leagues. Harena Data, which bills itself as an esports community aggregator, says it will "leaguify" and manage tournaments and competitions set in Phenomena's VR esport Arena.... Read More

Zayo Expanding Fiber Network in Indy, Fort Wayne

Colorado-based Zayo Group Holdings Inc. has announced more investment and expansion of network infrastructure in Indianapolis and Fort Wayne. The company says, at a statewide level, the expansion plans include adding more than 200 route miles over the next two years.... Read More

Formstack Lands $425M Investment

Fishers-based tech company Formstack says it has secured a $425 million growth investment. The company, which has developed a workplace productivity software platform, says it will use the funding to accelerate growth in key areas, including go-to-market, product development, and expansion of its remote-first team.... Read More