Quantifying success: New fund to invest in data companies
By Stephen Nellis / Friday, March 7th, 2014 / Technology, Top Stories / Comments Off on Quantifying success: New fund to invest in data companies
A group of Santa Barbara entrepreneurs is looking to raise as much as $50 million for an investment fund that would finance dozens of little big-data startups.
Read More →German entrepreneur tunes into hearing loops with Otojoy
By Stephen Nellis / Friday, March 7th, 2014 / Columns, Technology / Comments Off on German entrepreneur tunes into hearing loops with Otojoy
A Santa Barbara entrepreneur is hoping to make life in public places a little easier for people with hearing loss. Otojoy installs hearing loops, which take audio signals from sound systems and then transmit them electromagnetically to be picked up by a special feature found in most hearing aids.
Read More →Semtech meets Street expectations after layoffs
By Stephen Nellis / Wednesday, March 5th, 2014 / Earnings, Technology, Top Stories, Tri-County Public Companies / Comments Off on Semtech meets Street expectations after layoffs
Camarillo-based Semtech Corp. delivered earnings on par with Wall Street expectations on March 5, holding its forecast steady as it deals with the costs of laying off 6 percent of its workforce and navigating a rough patch amid several years of growth.
Read More →$50M infusion sets stage for Mindbody IPO
By Stephen Nellis / Friday, February 28th, 2014 / Banking & Finance, Central Coast, Technology, Top Stories, Tri-County Economy / Comments Off on $50M infusion sets stage for Mindbody IPO
San Luis Obispo-based software firm Mindbody has raised $50 million in fresh venture capital, bringing its total funds raised to date to $98 million and positioning the company for a possible initial public offering this year or next.
Read More →Investors place bets on Ventura advertising tech firms
By Stephen Nellis / Friday, February 28th, 2014 / Technology, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Investors place bets on Ventura advertising tech firms
In a major week for advertising technology firms in Ventura, The Trade Desk has raised $20 million in a second venture capital round and Connexity has been acquired by Los Angeles-based Shopzilla.
Read More →Venture capital raises at Goleta firms Transphorm and Tyrian top $23M
By Stephen Nellis / Friday, February 21st, 2014 / Green Coast, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Venture capital raises at Goleta firms Transphorm and Tyrian top $23M
Transphorm, a maker of energy-efficient electronic components, has raised $15 million in additional capital related to its recent partnership with Fujitsu Ltd. of Japan. Tyrian Systems, a firm founded by a pair of longtime infrared sensor entrepreneurs to commercialize thermal vision technology, has raised an $8.3 million Series B investment.
Read More →Nipomo oil refinery fight bubbles over
By Stephen Nellis / Friday, February 21st, 2014 / Central Coast, Real Estate, Top Stories, Tri-County Economy / Comments Off on Nipomo oil refinery fight bubbles over
A fight over expansion at an oil refinery near Nipomo has taken shape, with the source of new oil and a potential clash between federal and county regulation of railroads emerging as key issues.
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