Funding News

Indiana’s technology companies close first quarter with big venture funding deals

Several Indiana technology companies closed funding rounds at the end of Q1 2016 with seed funding, venture funding, and individual investments. Learning automation software company Lesson.ly closed their Series A round at the end of March with $5 million raised from Allos Ventures, High Alpha and OpenView Venture Partners. Lesson.ly’s initial $1.1 million in seed funding

CloudOne Secures $9M in Series E Funding

CloudOne, a Fishers-based Internet of Things (IoT) firm, announced a Series E venture funding raise of $9 million. Founded in 2010, this raise brings total equity investment in CloudOne to $21.9 million. Plymouth Ventures of Ann Arbor, Mich. led the funding round with primary participation by Hercules Technology Growth Capital of Palo Alto, Calif. Existing investors participating in

Lesson.ly announces $5 million Series A funding round

Learning automation software company Lesson.ly today announced a $5 million Series A funding round led by OpenView, with participation from High Alpha Capital and Allos Ventures. “In 2013 our first client created their first lesson, and today more than 200,000 employees are learning with Lesson.ly,” said Max Yoder, Lesson.ly’s co-founder and CEO. “This investment brings

Venture capitalist Scott Maxwell calls Indy ‘high energy, infectious’

It’s 2016 — the year of the scale-up. Venture capitalists from coast to coast are on the hunt for investment opportunities with relatively young, rapidly emerging, innovation-driven companies that could be the next big success stories. High Alpha, an Indianapolis-based venture studio focused on enterprise cloud companies, is one such investment firm keenly aware of the

Standout Scale-ups & Tech Companies in 2015

What a great year 2015 was for the tech community in Indiana. Companies from all over the country (and the world) are looking to the Hoosier state to expand their businesses, and the homegrown start-ups and scale-ups that are responsible for the thriving tech community here are benefiting too. WATCH VIDEO HERE TechPoint President and

Bill Godfrey’s five criteria for angel investing

When he was 30 years old, Bill Godfrey told his wife that he didn’t like the feeling of “having a job” and that he wanted to do something different. If his life were a television sitcom, this would be the moment when his wife gives him an “if-looks-could-kill” stare that puts an end to Bill’s