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Ventura startup hopes to bring meals to your door

By   /  Friday, June 13th, 2014  /  Banking & Finance, East Ventura County, Small Business, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Ventura startup hopes to bring meals to your door

FreshRealm is betting millions of dollars on a revolutionary concept: A backend service for businesses that enables customers to get fresh food sent directly to their homes. Combined with a reusable container that can be filled at a store and shipped via FedEx to the home, the service utilizes existing infrastructure and can scale quickly, its founders say.

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Vitesse plans $23.2M stock offering

By   /  Thursday, June 12th, 2014  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Vitesse plans $23.2M stock offering

Shares of Vitesse Semiconductor Corp. plummeted 11.3 percent on Thursday after the company revealed plans to raise $23.2 million by selling common stock. The Camarillo-based chip design company said Thursday that the proceeds of the offering, a planned sale of 7.5 million shares at $3.35 each, would be used for working capital and general corporate Read More →

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Upper State Street office building sells for $10 million

By   /  Thursday, June 12th, 2014  /  Real Estate, Top Stories  /  Comments Off on Upper State Street office building sells for $10 million

  The building anchored by Citibank at 3757 State St. in Santa Barbara has been sold for just shy of $10 million, marking the largest sale of an office property on upper State Street since 2005, according to brokers behind the deal. The buyer and seller were not disclosed. The 20,000-square-foot building, which retains a long-term Read More →

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Procore Technologies raises $15M from Bessemer

By   /  Wednesday, June 11th, 2014  /  Latest news, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Procore Technologies raises $15M from Bessemer

Carpinteria-based Procore Technologies, company that makes cloud-based construction management software, has raised $15 million from the same Silicon Valley investors that have backed Yelp, LinkedIn and Skype.

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Resonant taps $16.2M for Skyworks deal

By   /  Friday, June 6th, 2014  /  Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Resonant taps $16.2M for Skyworks deal

Santa Barbara-based semiconductor firm Resonant, which has a key development deal with a major supplier to the mobile phone industry, has raised $16.2 million in an initial public offering.

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Remembering Myra: Harrison Industries co-founder dies at age 99

By   /  Friday, June 6th, 2014  /  Features, Latest news, Top Stories, West Ventura County  /  Comments Off on Remembering Myra: Harrison Industries co-founder dies at age 99

When E.J. Harrison turned to hauling trash to earn money for his family in the middle of the Great Depression, he already had a strong partner — his wife Myra.

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Get a move on: StartupWeekend winner taps sharing economy for moving

By   /  Friday, June 6th, 2014  /  Small Business, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Get a move on: StartupWeekend winner taps sharing economy for moving

Moving is never fun, but a Santa Barbara startup is hoping to make it a little less stressful by connecting people who need to move with nearby truck owners looking to earn extra money. NextMover bills its service, which launched earlier this year, as “your friend with a truck.”

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