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By Stephen Nellis / Friday, July 13th, 2012 / Top Stories, Tri-County Public Companies / Comments Off on Whistleblower makes DaVita cough up $55M
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By Staff Report / Tuesday, July 10th, 2012 / Banking & Finance, Latest news, Technology / Comments Off on Xirrus funding nears $80M mark
Thousand Oaks-based Xirrus has raised $18.4 million in venture capital, bringing its total funding to date to nearly $80 million. Founded in 2004, Xirrus makes high-powered wi-fi equipment designed to be robust enough to replace wired networks in places like colleges and corporate office buildings. The most recent $18.4 million was part of a $25.3 Read More →
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By Stephen Nellis / Friday, June 29th, 2012 / Banking & Finance, Technology, Top Stories / Comments Off on $135M could have Sonos singing different tune
Santa Barbara-based wireless music gear maker Sonos has raised $135 million in new capital, the largest funding deal in the Tri-Counties so far this year and possibly a substitute for an initial public offering. Kohlberg Kravis Roberts, a private equity firm, led the funding round and was joined by Redpoint Ventures and investors associated with Read More →
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By Staff Report / Tuesday, June 26th, 2012 / Agribusiness, Banking & Finance, Latest news, Tri-County Public Companies / Comments Off on Limoneira predicts bumper crop
The 2012 season holds the promise of record or near-record crops for citrus and avocado growers in the Tri-Counties. That’s the view from the mid-year update from Limoneira Co., one of the region’s largest producers. Limoneira CEO Harold Edwards said in Santa Paula on June 26 that the company’s expanded lemon operations mean that it Read More →
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By Stephen Nellis / Friday, June 22nd, 2012 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on Qualstar brass has early edge in proxy fight
Gold or white? Shareholders in Simi Valley-based tech firm Qualstar Corp. grappled with that question on June 20 as a Florida investor group waged an acrimonious proxy fight. The dissidents, who issued the gold cards, wanted to remove the entire Qualstar board in hopes of shaking loose the cash on its books and reducing executive Read More →
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By Stephen Nellis / Friday, June 15th, 2012 / Banking & Finance, Law, Top Stories, Tri-County Public Companies / Comments Off on Amgen case puts class action rules to test
Thousand Oaks-based Amgen is set to argue a case before the U.S. Supreme Court that could make it harder for shareholders to band together and sue publicly traded companies over public comments made by top officials. The court agreed to hear a stock-fraud case this fall between Amgen and Connecticut Retirement Plans and Trust Funds, Read More →
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By Staff Report / Tuesday, June 12th, 2012 / Banking & Finance, Latest news, Tri-County Public Companies / Comments Off on Venoco extends financing deadline for CEO
Venoco has extended CEO Tim Marquez’s deadline to July 20 to disclose how he will finance his effort to take the company private. Marquez’s buyout of the company, which is based in Denver but has about 150 employees in the Tri-Counties, was approved by shareholders on June 5. But at the time of the approval, Read More →
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