Tech firms capturing capital
Despite its small size compared to Silicon Valley, Santa Barbara is emerging as a major player in Web-based applications and computing. Tri-county technology companies racked up at least $23 million in venture capital and angel investments in the second quarter of 2008. The bulk of that investment went into Santa Barbara-based Web software startups: Appfolio, Read More →
Read More →Global Feet
The parent company of Carpinteria-based Global Feet appears to be facing problems, including a plunging stock price, tapped out credit lines, lax financial reporting controls, missing accounting records and a threat from the OTC Bulletin Board to quit quoting the company, according to SEC filings. Global Feet is the company formed by Killick Datta, the Read More →
Read More →RiverPark maneuvers to minimize impact from residential slowdown
Since the mortgage crisis spawned the downturn in the residential market, regional experts have said the Central Coast communities are largely sheltered from – though not immune to – national economic trends. Indeed, the Tri-Counties have been affected accordingly by the housing slowdown. Some cities have shown relatively minor price reductions and sales slumps while Read More →
Read More →Firestone going out with a bang
Brooks Firestone is not going out with a whimper. Anticipating the likelihood of a victory for self-proclaimed environmentalist candidate Doreen Farr in November, the outgoing 3rd District Santa Barbara County supervisor is using his last few months in office to take full advantage of his working majority. The supervisors have sent Gov. Arnold Schwarzenegger Read More →
Read More →SB375 needs a closer look before it
Senate Bill 375 – the so-called “climate change smart-growth bill” – is going to become a law if Sacramento politicians ever agree on a state spending plan. The law, which has had scant public scrutiny to date, is a broadly-defined growth management law, which ties transportation funding to growth patterns. Ideas similar to those Read More →
Read More →DRI aids hurricane victims
Goleta-based Direct Relief International has committed $250,000 in special hurricane response funds to assist the medical “safety-net” – nonprofit clinics, community health centers, and alternate care sites at evacuation and shelter areas – along the U.S. Gulf Coast in response to Hurricane Gustav. DRI is coordinating with the National Association of Community Health Centers Read More →
Read More →DRI aids hurricane victims
Goleta-based Direct Relief International has committed $250,000 in special hurricane response funds to assist the medical “safety-net” – nonprofit clinics, community health centers, and alternate care sites at evacuation and shelter areas – along the U.S. Gulf Coast in response to Hurricane Gustav. DRI is coordinating with the National Association of Community Health Centers Read More →
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