INDIANAPOLIS— A tech company announced plans Tuesday to increase operations in central Indiana, with plans to create up to 75 high-wage jobs over the next four years.
Gov. Eric Holcomb and Indianapolis Mayor Joe Hogsett joined executives from MetaCX, a Software-as-a-Service startup organization and a new High Alpha Studio company, at the announcement.
“Indiana’s reputation as a competitive tech hub continues to grow thanks to the innovation and commitment of companies like MetaCX and High Alpha,” Holcomb said. “Tech jobs in central Indiana are growing twice as fast as the U.S. average because industry leaders and entrepreneurs are invested in this community, choosing to develop new solutions here, helping partners start and scale and attracting top talent to the state.”
MetaCX was launched late last year to transform how businesses manage their customers and how customers manage their vendors. The goal is to bring SaaS buyers and sellers together to improve their collaborations and outcomes. The company, which has been in testing, will launch its new platform this summer.
MetaCX will invest $1.4 million to lease and renovate the 10thfloor of the Salesforce Tower at 111 Monument Circle. The organization, led by Scott McCorkle, the former CEO of Salesforce Marketing Cloud and president of ExactTarget before its acquisition by Salesforce.
“We’re very excited to be officially launching our MetaCX platform later this summer,” McCorkle said. “Scaling our operations in Indianapolis will be absolutely instrumental for our growth.”
Hogsett said that with the company’s growth, “Indianapolis likewise expands its claim as the tech capital of the Midwest.”
“This company represents the home-grown innovation that Indianapolis is known for,” he said. “As we continue to make post-secondary STEM (science, technology, engineering and math) degrees more accessible for more city residents, our growing tech sector will further benefit from our city’s strong talent pipeline.”
During 2016 and 2017, tech jobs in the Indianapolis metro grew at a rate of 18.4 percent, which is more than double the U.S. average and ranks sixth across U.S. and Canada, according to CBRE’s Tech-30 report.
MetaCX used Indiana’s Venture Capital Investment tax credit program to fund its initial growth and helps entrepreneurs and startup companies attract capital more quickly
The Indiana Economic Development Corporation offered MetaCX a payment of up to $2.55 million in tax credits based on the company’s high-wage job creation plans. These incentives are performance-based and until Hoosiers are hired, the company is not eligible to claim any incentives.
The company currently has 24 employees. Potential applicants for the new positions can learn more at MetaCX.com.
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