Bloomington, IN – The Bloomington Technology Partnership (BTP), an initiative of the Bloomington Economic Development Corporation, hosted its annual Tech the Halls event yesterday. The event showcased accomplishments within the technology sector in Bloomington regarding new job growth, capital investment and significant business developments for several local businesses.
Bloomington’s technology sector has seen the following activities in 2016:
- Platformatics grew to 15 employees, with plans to hire an additional 8-10 in the next few months.
- Blue Burro rolled out a new product called Just Fill Out.
- RareSloth released the iOS game King Rabbit which has been downloaded over 1.1 million times
- Cornerstone Information Systems hired 13 new employees and broke ground on its new corporate headquarters in downtown Bloomington. It was also named a 2016 Indiana Company to Watch.
- Right Rez grew by 39% and more than doubled their team.
- GP Strategies hired 54 employees, with 12 new hires in Bloomington.
- Hanapin Marketing was named One of the Best 50 Places to Work in Advertising & Media; One of America’s Fastest Growing Private Companies by Inc. Magazine; and nominated for a Landy Award for a case study with The Weather Channel.
- Cigital was acquired by Synopsys.
- Openwords launched a campaign on Indiegogo.
- ProBleu’s Craig Hickman was named on The Channel Company’s Top Midmarket IT Executives list.
- SproutBox companies raised millions in new financing at increased valuations.
- Periodic hired two new team members and completed a half million dollar seed financing round.
- Cheddar was accepted into this year’s SixThirty investment class. SixThirty is an accelerator that invests globally in high growth FinTech companies.
“Bloomington competes daily with communities around the globe to attract technology businesses,” said Dana Palazzo, vice president of the Bloomington Economic Development Corporation. “Our diverse culture, highly educated workforce, and low cost of living compared to other tech hubs makes us extremely attractive when they decide where to locate and grow.”
To learn more about the Bloomington Technology Partnership and stay up-to-date on local tech news, visit www.bloomingtontech.com or follow @bloom_tech on Twitter.
About the BTP
The Bloomington Technology Partnership (BTP) is a program of the Bloomington Economic Development Corporation (BEDC) funded by the City of Bloomington, the Indiana University Office of Engagement and the BEDC. The BTP fosters the growth of Bloomington’s emerging high-tech economy. The BTP strengthens Bloomington’s tech economy through talent recruitment and development, networking opportunities, marketing and technical assistance. For more information, visit http://bloomingtontech.com.