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Latest

Invoca makes first acquisition, will push company past $100M annual revenue

By   /  Monday, May 24th, 2021  /  Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Invoca makes first acquisition, will push company past $100M annual revenue

Invoca, a marketing call analytics company based in Santa Barbara, announced its first acquisition May 24, the purchase of a Chicago-based call tracking and analytics company called DialogTech in a combined cash and stock deal. Terms of the deal were not disclosed. Invoca said the puts it on track to exceed $100 million in revenue Read More →

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Connectpoint sees signs of growing demand for its e-signage

By   /  Friday, May 21st, 2021  /  Latest news, Small Business, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Connectpoint sees signs of growing demand for its e-signage

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Procore goes public, stock jumps 34%

By   /  Thursday, May 20th, 2021  /  Banking & Finance, Earnings, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Procore goes public, stock jumps 34%

Procore CEO Craig "Tooey" Courtemanche sits in his office at the company's Carpinteria headquarters (Nik Blaskovich photo)

Editor’s note: This article was updated after the market closed at 1 p.m. to reflect Procore’s closing price. Carpinteria-based Procore Technologies began trading on the New York Stock Exchange on May 20 and saw its share price shoot up 33.7% on its first day, to close at $89.59. Procore priced shares of its initial public Read More →

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Procore awaits IPO

By   /  Monday, May 17th, 2021  /  Banking & Finance, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Procore awaits IPO

Editor’s note: This article was updated May 19 to reflect the fact that Procore did not begin trading that day. The Carpinteria-based software company Procore Technologies expects to raise around $615 million in an IPO scheduled for no later than May 21. The Procore IPO is on the New York Stock Exchange’s calendar for the Read More →

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Latest

Apeel Sciences broadens its scope with first acquisition

By   /  Friday, May 14th, 2021  /  Agribusiness, Latest news, left, South Coast, Sponsored, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Apeel Sciences broadens its scope with first acquisition

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New study puts Vandenberg at $5.8B in economic impact, 20K jobs

By   /  Friday, May 14th, 2021  /  Central Coast, Latest news, middle, Technology, Top Stories, Tri-County Economy  /  Comments Off on New study puts Vandenberg at $5.8B in economic impact, 20K jobs

Editor’s note: This article was updated shortly after it was posted to include information about the planned renaming of the base. Vandenberg Air Force Base was responsible for 20,000 jobs and $5.8 billion in economic activity in 2020, with room to grow to $7.9 billion in output by 2030, according to a new study by Read More →

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Teledyne closes $8.2B Flir acquisition

By   /  Friday, May 14th, 2021  /  Banking & Finance, East Ventura County, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Teledyne closes $8.2B Flir acquisition

Thousand Oaks-based Teledyne Technologies completed its purchase of Flir Systems on May 13 when the stockholders of each company approved the $8.2 billion deal, Teledyne announced May 14. Flir, a thermal imaging company based in Oregon with a large presence in Goleta, is now part of Teledyne’s Digital Imaging Segment and operates under the name Read More →

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