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Semtech earnings on track after layoffs

By   /  Thursday, August 21st, 2014  /  Earnings, Latest news, Technology, Tri-County Public Companies, West Ventura County  /  Comments Off on Semtech earnings on track after layoffs

Shares of Camarillo-based chipmaker Semtech Corp. were up 4.8 percent after the company announced stronger-than-expected sales and profits. Semtech, which uses a fiscal year that ends in January each year, said Aug. 20 that its second-quarter fiscal 2015 revenues were $145.7 million, up 10 percent from the previous quarter but down 12 percent from the Read More →

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IQMS taps venture heavyweights for capital infusion

By   /  Tuesday, August 19th, 2014  /  Banking & Finance, Latest news, Technology, Top Stories  /  Comments Off on IQMS taps venture heavyweights for capital infusion

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 Faceook, 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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Infrared firms face off in smartphone market

By   /  Monday, August 18th, 2014  /  South Coast, Technology, Tri-County Economy  /  Comments Off on Infrared firms face off in smartphone market

Affordable thermal imaging is coming to a smartphone near you, with the South Coast emerging as a technology hotspot. Goleta-based Tyrian Systems, the company founded by longtime infrared entrepreneurs Bill Parrish and Tim Fitzgibbons that has raised $28.3 million, is changing its name to Seek Thermal and will offer a camera that plugs into smartphones Read More →

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A healthy image: Karl Storz counts on software to lead growth

By   /  Friday, August 15th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on A healthy image: Karl Storz counts on software to lead growth

An emphasis on video processing and precision manufacturing are driving growth at Karl Storz Imaging in Goleta.

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Simi Valley gains traction as Tylt expands

By   /  Friday, August 15th, 2014  /  East Ventura County, Real Estate, Technology, Top Stories, Tri-County Economy  /  Comments Off on Simi Valley gains traction as Tylt expands

A Simi Valley consumer electronics accessories firm is opening a new 60,000-square-foot headquarters to boost its staff, launch new brands and push its venture capital arm forward.

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Latest

TrueVision looks for growth with eye surgery system patent

By   /  Friday, August 15th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on TrueVision looks for growth with eye surgery system patent

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Mobile search drives sales growth on Invoca platform

By   /  Friday, August 15th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Mobile search drives sales growth on Invoca platform

  Mobile search is experiencing a huge surge in volume of sales over Santa Barbara-based Invoca’s technology platform, with $1.7 billion of the $2.5 billion in customer sales that have happened since 2007 taking place in the past year. Invoca makes software that helps companies close more sales when customers call in and track where Read More →

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