Two legacy Indiana tech companies acquired by private equity firms

Two of Indiana’s earliest software companies — companies that blazed tech trails and attracted and nurtured some of the state’s very first tech talent — have both been acquired by private equity firms. Carmel, Ind.-based loan-origination and portfolio-management software company Baker Hill was sold by former acquirer Experian for $100 million to The Riverside Co., a […]

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 […]

PrecisionHawk unmanned aerial vehicles closes on $10 million in Series B startup funding

Indiana-based PrecisionHawk, maker of unmanned aerial vehicles (UAVs) and cloud-based data collection software, has closed on a $10 million Series B startup funding round led by New York City-based investor Millennium Technology Value Partners with Bob Young, co-founder of RedHat, and The Innovate Indiana Fund. PrecisionHawk will double its workforce, open a new office and launch new software for […]