UCSB joins nonprofit Alliance for Southern California Innovation
UC Santa Barbara and six other universities announced the formation of the nonprofit organization Alliance for Southern California Innovation on June 22. Led by former California Insurance Commissioner Steve Poizner and a board of directors including UCSB physics professor and vice chancellor for research Joseph Incandela, the group will work to support tech entrepreneurs and Read More →
Read More →Employee reviews rank Anant Yardi among top CEOs in the nation
Updated at 3 p.m. June 23: Anant Yardi, founder and CEO of Yardi Systems in Goleta, was named on June 21 to a list of the nation’s top corporate leaders by employer review website Glassdoor. Yardi, a member of the Pacific Coast Business Times Hall of Fame, received a Glassdoor Employees’ Choice Award recognizing the Read More →
Read More →Latino Business Awards winners announced
The Business Times is pleased to announce our 2017 class of Latino Business Awards winners. This annual special section published with the June 23 print edition. This year we turned its focus on higher education, highlighting leaders in the academic realm from across the Tri-Counties. The award winners, along with our first ever college Read More →
Read More →Oxnard’s CalAmp partners with Autobrain
Internet of Things provider CalAmp, with operations in Oxnard, announced a partnership with Boca Raton, Fla-based Autobrain. Autobrain’s platform will use CalAmp’s networks to bring smart car capabilities to regular vehicles, according to the June 22 news release. Devices like OBD sensors and telematics systems will enable consumers to track their car’s location and condition Read More →
Read More →PennyMac to buy back $50 million of Class A common stock
PennyMac Financial Services announced on June 21 that it will repurchase up to $50 million of its Class A common stock. The number and timing of the purchases will depend on price, trading volume and market conditions, among other factors, the Moorpark-based company said in a statement. “We believe that the repurchase of common stock Read More →
Read More →SerImmune gets $8 million in financing from Illumina Ventures
Santa Barbara immunotherapy and diagnostic company SerImmune received $8 million in financing from San Francisco-based Illumina Ventures to expand its immune mapping platform and database. Illumina invests primarily in early-stage companies researching genomics, life science and health care. A subsidiary of pharmaceutical giant Merck also participated in the financing round, alongside other undisclosed investors. Mapping Read More →
Read More →Firestone Walker trying to expand brewing capacity in Paso Robles
The Paso Robles City Council is considering a proposal by Firestone Walker to expand its brewing capacity by taking over the former Nu-Way Cleaners location at 1385 Vendels Circle. The brewery would tear down an existing 19,000-square-foot building and replace it with a 6,300-square-foot structure and 12 fermentation storage tanks, connected to its current headquarters Read More →
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