Indy Tech Firm Lands $100M Investment

INDIANAPOLIS –
An Indianapolis-based tech company has secured a $100 million investment from JMI Equity, based in Baltimore and San Diego. OnBoard, which had developed a cloud-based management platform for corporate boards, says it will use the funding to accelerate product development, fuel expansions into additional markets and strategic acquisitions, and further grow the OnBoard brand. Chief Executive Officer Paroon Chadha says the investment underscores the company’s performance, particularly during the pandemic.

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