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South Coast firms launch statewide hotel building spree with Pismo project

By   /  Friday, June 13th, 2014  /  Central Coast, Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on South Coast firms launch statewide hotel building spree with Pismo project

Two Santa Barbara firms are backing a 30-year veteran of the hospitality development market and his plans to build out hotels along the California coast, with the first test project taking shape in Pismo Beach.

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South Coast housing demand drives demolition of State Street hotel

By   /  Friday, June 13th, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on South Coast housing demand drives demolition of State Street hotel

Plans to bulldoze a profitable hotel on Upper State Street in Santa Barbara are moving forward as pent-up demand for housing means South Coast developers can price middle-market condos in the $1 million range.

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Procore Technologies raises $15M from Bessemer

By   /  Wednesday, June 11th, 2014  /  Latest news, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Procore Technologies raises $15M from Bessemer

Carpinteria-based Procore Technologies, company that makes cloud-based construction management software, has raised $15 million from the same Silicon Valley investors that have backed Yelp, LinkedIn and Skype.

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Venoco cuts workforce

By   /  Wednesday, June 11th, 2014  /  Latest news, South Coast, Tri-County Economy  /  Comments Off on Venoco cuts workforce

Venoco, a Denver-based oil company with operations in the Tri-Counties, is laying off part of its workforce.

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Tech author to reveal what your phone knows about you

By   /  Monday, June 9th, 2014  /  South Coast, Technology  /  Comments Off on Tech author to reveal what your phone knows about you

Authors Robert Scoble and Shel Israel detail the convergence of five forces: social media, mobile computing, data, sensors and location. Those technologies combine to give technology companies a picture of who you are, where you are, what you’re doing and what your preferences are with a degree of accuracy previously unimaginable.

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Resonant taps $16.2M for Skyworks deal

By   /  Friday, June 6th, 2014  /  Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Resonant taps $16.2M for Skyworks deal

Santa Barbara-based semiconductor firm Resonant, which has a key development deal with a major supplier to the mobile phone industry, has raised $16.2 million in an initial public offering.

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Natural Café banks on new locations for growing chain

By   /  Friday, June 6th, 2014  /  Columns, Real Estate, Restaurants, South Coast, Tourism  /  Comments Off on Natural Café banks on new locations for growing chain

Kelly Brown is the first to admit that he let the success of his restaurant empire cloud his judgement. As a free-spirited young chef, Brown lived on a boat in the Santa Barbara harbor so that he could build equity to start his own business. Twenty-one years ago, he launched Natural Café in Santa Barbara, hoping to offer a laidback sit-down restaurant focused on affordable, unpretentious and health-conscious food.

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