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By Staff Report / Thursday, February 20th, 2014 / Central Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Mindbody raises $50M for global push
San Luis Obispo-based Mindbody has raised $50 million in new capital, its largest amount to date, that will used to fund global expansion and mobile product development. The raise brings its total venture capital raised thus far to more than $110 million and likely marks the largest-ever raise in San Luis Obispo County.
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By Staff Report / Thursday, February 20th, 2014 / Banking & Finance, Technology, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Connexity sold to Shopzilla
Ventura-based digital advertising firm Connexity has been purchased by Shopzilla, an online comparison shopping website out of Los Angeles, for an undisclosed sum.
The deal marks the first exit for a business that had operated out of the Ventura Ventures Technology Center, the city of Ventura’s startup incubator.
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By Staff Report / Tuesday, February 18th, 2014 / Nonprofits, Top Stories / Comments Off on KCRW enters Santa Barbara market with KDB buy
Santa Monica-based National Public Radio affiliate KCRW has acquired Santa Barbara-based station KDB, intensifying the battle for public radio listeners and donors in the Tri-Counties.
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By Staff Report / Tuesday, February 18th, 2014 / Banking & Finance, Banking Industry, Central Coast / Comments Off on Mission Community shareholders approve $56M acquisition
Shareholders of San Luis Obispo-based Mission Community Bancorp have voted overwhelmingly in favor of a proposed merger with Heritage Oaks Bancorp out of Paso Robles. The $56 million deal was announced in October 2013 and would leave Heritage Oaks as the survivor and the largest bank based in the Tri-Counties.
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By Staff Report / Tuesday, February 11th, 2014 / Agribusiness, Latest news, South Coast / Comments Off on Santa Barbara City Council declares Stage One drought
Santa Barbara City Council members declared a Stage One drought on Feb. 11, calling on residents and businesses to reduce water use by 20 percent.
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By Staff Report / Tuesday, February 11th, 2014 / Earnings, Technology, Tri-County Public Companies / Comments Off on Conversant beats expectations in Q4
Shares of Westlake Village-based Conversant gained sharply in after-hours trading on Feb. 11 as the company delivered profits that beat Wall Street’s expectations and announced big changes designed to lead to growth.
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By Staff Report / Monday, February 10th, 2014 / Latest news, Technology / Comments Off on Solar pioneer Bill Yerkes dies
John W. “Bill” Yerkes, a Stanford-trained engineer who for decades championed the cause of solar cells for commercial use and was known as the “father of the solar industry,” has died in Santa Barbara.
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