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Amgen seeks approval for new cholesterol drug

By   /  Thursday, August 28th, 2014  /  Banking & Finance, Technology, Tri-County Public Companies  /  Comments Off on Amgen seeks approval for new cholesterol drug

Amgen became the first drugmaker to seek U.S. regulatory approval for a new class of cholesterol-lowering treatments after it submitted an application to the Food and Drug Administration on Thursday for evolocumab. Thousand Oaks-based Amgen said the drug works by blocking a naturally occurring protein called PCSK9 that prevents the liver from removing LDL cholesterol, Read More →

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HG Data signs up for space in Funk Zone

By   /  Thursday, August 28th, 2014  /  Real Estate, Technology, Top Stories  /  Comments Off on HG Data signs up for space in Funk Zone

  HG Data, a business intelligence firm, recently signed a 3.5-year lease for 9,000 square feet in a former dance studio at 1 N. Calle Cesar Chavez on Santa Barbara’s east side. The deal is yet another sign that young and growing tech companies favor Santa Barbara over cheaper, more easily-equipped spaces in Goleta or Read More →

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QAD’s second-quarter profits drop despite record revenue

By   /  Wednesday, August 27th, 2014  /  Banking & Finance, Personal Finance, South Coast, Technology, Tri-County Economy  /  Comments Off on QAD’s second-quarter profits drop despite record revenue

Shares of Summerland-based business software firm QAD fell Aug. 27 on news that the company’s second-quarter profits dropped 24.2 percent to $985,000. QAD reported record revenues and higher operating income during the second quarter. Its total revenue climbed 12 percent to a second-quarter record of $73.1 million, it said, up from $65.2 million in the Read More →

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IQMS readies for big leagues with first outside investment

By   /  Friday, August 22nd, 2014  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on IQMS readies for big leagues with first outside investment

Paso Robles-based software firm IQMS has taken an outside investment for the first time in its 25-year history, raising an undisclosed sum from the same financiers who have backed Facebook, Expedia and Netflix. The company said Aug. 19 that Technology Crossover Ventures led the funding round with Banneker Partners participating. The terms of the deal Read More →

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iFixit taps its own mantra for new corporate digs in SLO

By   /  Friday, August 22nd, 2014  /  Central Coast, Reprints, Technology, Top Stories  /  Comments Off on iFixit taps its own mantra for new corporate digs in SLO

San Luis Obispo-based iFixit’s mission is to save the world with “the repair guide for everything, written by everyone.”

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Competition heats up in infrared market as Flir, Seek Thermal release smartphone products

By   /  Friday, August 22nd, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Competition heats up in infrared market as Flir, Seek Thermal release smartphone products

  This holiday season, two South Coast firms will compete to sell what could be the hottest gadget gift of the year: affordable thermal cameras for smartphones. Goleta-based Seek Thermal, the company founded by longtime infrared entrepreneurs Bill Parrish and Tim Fitzgibbons that has raised $30 million, said Aug. 19 that it will offer a Read More →

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Lynda.com hires public-company exec

By   /  Friday, August 22nd, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Lynda.com hires public-company exec

Carpinteria-based online education firm Lynda.com has hired a new executive to drive its global expansion and has opened an office in San Francisco to tap Bay Area talent.

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