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Invoca hits 100-employee mark, opens SF office

By   /  Friday, June 13th, 2014  /  Technology, Top Stories  /  Comments Off on Invoca hits 100-employee mark, opens SF office

Santa Barbara-based marketing technology firm Invoca has passed the 100-employee mark, opened an office in San Francisco and hired a bevvy of new executives. Invoca makes a platform that helps companies close more sales when customers call in. The company has raised $30.8 million from investors that include Santa Barbara-based Rincon Venture Partners, Palo Alto Read More →

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Coast National Bank parent raises $6.8M in private placement

By   /  Friday, June 13th, 2014  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Coast National Bank parent raises $6.8M in private placement

Coast Bancorp has raised $6.8 million through a private placement of debt and equity, a capital infusion that the San Luis Obispo-based banking firm said will be used for future growth as it turns the corner toward profitability. The parent company of Coast National Bank said the raise included 4.8 million shares of common stock Read More →

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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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Channeling a bold idea: CSUCI embarks on $600M build-out

By   /  Friday, June 13th, 2014  /  East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Channeling a bold idea: CSUCI embarks on $600M build-out

With the state of California’s higher education budget in disarray, CSU Channel Islands President Richard Rush has turned to the private sector to complete the dream of a four-year public university to serve Ventura County.

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Homework done: Sylvan Learning franchisees plan to widen impact

By   /  Friday, June 13th, 2014  /  East Ventura County, Small Business, Top Stories, Tri-County Economy  /  Comments Off on Homework done: Sylvan Learning franchisees plan to widen impact

The new owners of Sylvan Learning Center in Westlake Village plan to open satellite locations at schools and libraries to better serve the surrounding communities, a move they say will also boost the business’ bottom line.

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An American dream, interned: Exhibit highlights history of grocers

By   /  Friday, June 13th, 2014  /  East Ventura County, Small Business, Top Stories, Tourism, Tri-County Economy, West Ventura County  /  Comments Off on An American dream, interned: Exhibit highlights history of grocers

“Who’s Minding the Store: the Small Grocery Business in Ventura County” focuses on sharing the history of many immigrant-owned markets in the county.

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