Menu
Montecito
Pac Premier
Giving Guide
Loading...
You are here:  Home  >  Latest news  -  Page 849
Latest

Transphorm’s funding tops $104M

By   /  Monday, October 1st, 2012  /  Green Coast, Latest news, Technology  /  Comments Off on Transphorm’s funding tops $104M

Transphorm, the Goleta-based company focused on energy efficiency in electronics, has raised $35 million from a group backed by the Japanese government and has secured a mass manufacturing agreement with a Japanese firm. The South Coast company, founded by UC Santa Barbara professor Umesh Mishra and longtime business partner Primit Parikh, has raised $104 million Read More →

Read More →
Latest

Heritage Oaks to buy Morro Bay branch from Coast National

By   /  Monday, October 1st, 2012  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks to buy Morro Bay branch from Coast National

Paso Robles-based Heritage Oaks Bank is buying the Morro Bay branch and assets of San Luis Obispo-based Coast National Bank. The acquisition, announced Oct. 1, will include about $30 million in deposit accounts. It will also include the branch building. Heritage Oaks said it will pay “market value” for the building at 898 Morro Bay Read More →

Read More →
Latest

Cole speaks out after resigning as city manager

By   /  Friday, September 28th, 2012  /  Latest news  /  Comments Off on Cole speaks out after resigning as city manager

Rick Cole, who left his post as the longtime city manager of Ventura Sept. 15 after losing the support of  a majority of the City Council, talked about his departure Friday in a public question and answer session after his address at the fall Speaker Series hosted by the Martin V. Smith School of Business Read More →

Read More →
Latest

Xirrus raises $23.5M in new capital

By   /  Thursday, September 27th, 2012  /  Banking & Finance, Latest news, Technology  /  Comments Off on Xirrus raises $23.5M in new capital

Thousand Oaks-based wireless firm Xirrus has raised an additional $23.5 million in venture capital, bringing its total funding to an estimated $122 million. The lastest funding round was led by existing investors August Capital, Canaan Partners, InterWest Partners, QuestMark Partners and US Venture Partners. Xirrus makes heavy duty Wi-Fi systems designed to replace wired networks Read More →

Read More →
Latest

Commission approves La Entrada changes

By   /  Thursday, September 27th, 2012  /  Latest news  /  Comments Off on Commission approves La Entrada changes

Plans for La Entrada, the long-awaited hotel and condominium project on lower State Street, took another step forward Sept. 26 as Santa Barbara’s Historic Landmarks Commission approved changes to the 123-unit development’s design. The commission gave the hotel’s developer, 35 State Street Hotel Partners, the go-ahead to alter plans for sidewalk and street-lighting designs adjacent Read More →

Read More →
Latest

VCEDA remains opposed to pair of public education propositions

By   /  Wednesday, September 26th, 2012  /  Latest news  /  Comments Off on VCEDA remains opposed to pair of public education propositions

The Ventura County Economic Development Association, or VCEDA, has not budged on its opposition to two state ballot measures that would raise money for public education by increasing taxes. Earlier this month, VCEDA’s opposition to Proposition 30 and Proposition 38 — dueling tax measures designed to raise money for public education — kicked off a Read More →

Read More →
Latest

U.S. Chamber endorses Maldonado

By   /  Wednesday, September 26th, 2012  /  Latest news  /  Comments Off on U.S. Chamber endorses Maldonado

The U.S. Chamber of Commerce has put its weight behind Abel Maldonado, the Republican candidate who’s running against incumbent Lois Capps to represent California’s 24th Congressional District. The endorsement came Sept. 26 in San Luis Obispo at an event hosted by Meathead Movers, a U.S. Chamber member. “Abel Maldonado recognizes that free enterprise, not more Read More →

Read More →