Central Coast hopes to be wave energy hub
By Stephen Nellis / Friday, May 16th, 2014 / Central Coast, Green Coast, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Central Coast hopes to be wave energy hub
With five projects in the works that could generate as much a 1.2 gigawatts of electricity, the Central Coast could become the nation’s wave-energy capital.
Read More →Santa Maria Energy drills down on search for private equity
By Stephen Nellis / Friday, May 9th, 2014 / Banking & Finance, Central Coast, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Santa Maria Energy drills down on search for private equity
Santa Maria Energy is on the hunt for private equity funding for its $120.7 million capital budget after a going-public deal fell apart.
Read More →Vapor Hub hopes to lead the way in $3B e-cigarette market
By Stephen Nellis / Friday, May 9th, 2014 / East Ventura County, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Vapor Hub hopes to lead the way in $3B e-cigarette market
With the U.S. Food and Drug Administration promising to impose regulations on the free-for-all e-cigarette market, Simi Valley-based Vapor Hub International is hoping to help the industry grow up.
Read More →Counting crops: Linkfresh makes planning software for food firms
By Stephen Nellis / Friday, May 9th, 2014 / Agribusiness, Technology, Top Stories / Comments Off on Counting crops: Linkfresh makes planning software for food firms
A Ventura company is bringing the same kind of sophisticated software that global manufacturers use to run their businesses to the fresh food industry.
Read More →Court certifies class-action suit over Santa Barbara insurance scam
By Stephen Nellis / Friday, May 9th, 2014 / Law, South Coast, Tri-County Economy / Comments Off on Court certifies class-action suit over Santa Barbara insurance scam
A class-action lawsuit over whether a Santa Barbara insurance agent’s employers knew about the “churning” scam he was running and let it continue because it boosted profits is headed to trial after its class certification was upheld at the California Supreme Court in March.
Read More →HG Data funding rises to $5.5M
By Stephen Nellis / Tuesday, May 6th, 2014 / Technology, Top Stories / Comments Off on HG Data funding rises to $5.5M
Santa Barbara-based HG Data has raised $2 million in venture capital, bringing its total raised to date to $5.5 million. HG Data uses a proprietary algorithm to sift through massive amounts of messy online data to create a database of which software and hardware products are in use at about 1 million U.S companies. Fortune Read More →
Read More →Santa Maria Energy shelves $79M going-public deal
By Stephen Nellis / Friday, May 2nd, 2014 / Central Coast, Top Stories, Tri-County Economy / Comments Off on Santa Maria Energy shelves $79M going-public deal
A $79 million merger that would have taken Santa Maria Energy public has been called off after its financiers couldn’t gather the votes to pass it.
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