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Deckers cozies up to Ugg retail store strategy

By   /  Friday, December 20th, 2013  /  South Coast, Top Stories, Tri-County Economy  /  Comments Off on Deckers cozies up to Ugg retail store strategy

As Deckers Outdoor Corp. makes the move to its new campus headquarters in Goleta, the billion-dollar-a-year Ugg firm says it has smoothed out its business model and is on track for a stellar 2013.

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Outside funds fuel county’s energy boom

By   /  Friday, December 13th, 2013  /  Central Coast, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Outside funds fuel county’s energy boom

Santa Maria Energy’s deal to go public and bring its total funds raised to date to an estimated $90 million caps a flurry of renewed investment and activity in Santa Barbara County’s oil fields, both onshore and offshore. In addition to 136 wells that Santa Maria Energy has planned, Denver-based Venoco has proposals before regulators Read More →

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$86.2M Inogen IPO puts Goleta startups in play

By   /  Friday, December 6th, 2013  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on $86.2M Inogen IPO puts Goleta startups in play

Goleta-based Inogen, a maker of portable oxygen concentrators founded by UC Santa Barbara students, has filed for an initial public offering to raise up to $86.2 million. While many successful companies have been spun out of UCSB by professors and doctoral students, Inogen would likely be the first company founded by an undergraduate team to go public. Inogen won the program’s very first business plan competition in 2001.

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Transphorm, Fujitsu partner on GaN plant

By   /  Friday, December 6th, 2013  /  Technology, Top Stories  /  Comments Off on Transphorm, Fujitsu partner on GaN plant

Transphorm, the Goleta-based energy efficiency chipmaker spun out of UC Santa Barbara that has raised $110 million in venture capital, is partnering with Tokyo electronics giant and one-time rival Fujitsu Ltd. to create a new company in Japan.

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Inogen files IPO to raise up to $86.2M

By   /  Tuesday, December 3rd, 2013  /  Latest news, Technology  /  Comments Off on Inogen files IPO to raise up to $86.2M

Inogen was founded in 2001 by three UCSB students, one of whom had a grandmother who had recently been placed on oxygen therapy. The therapy required heavy, bulky oxygen tanks that could not be taken on airplanes and other places.

After winning the New Venture Competition business plan contest at UCSB, the team went on to develop a device that used electricity to concentrate oxygen from the air. The concentrators were lighter and less bulky, weighting between 4.8 and 7 pounds.

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Active Life device finds link between diabetes, bone issues

By   /  Friday, November 29th, 2013  /  Central Coast Health Watch, Technology, Top Stories  /  Comments Off on Active Life device finds link between diabetes, bone issues

A device made by Santa Barbara-based Active Life Scientific played a critical role in a new study at the Mayo Clinic linking Type 2 diabetes to bone problems.

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Direct Relief to send record-breaking shipment to Philippines

By   /  Friday, November 22nd, 2013  /  Nonprofits  /  Comments Off on Direct Relief to send record-breaking shipment to Philippines

In response to the natural disaster in the Philippines, Direct Relief International is preparing to conduct the largest-ever emergency airlift in the 65-year history of the Goleta-based nonprofit.

Direct Relief said that on Saturday, Nov. 23, it will deliver 50 tons of essential medications and emergency supplies to people affected by Typhoon Haiyan.

The air shipment includes enough medicines to treat 250,000 people and will be delivered on a wide-bodied cargo aircraft flight arranged and donated by FedEx, Direct Relief said. All of the aid items were requested by health officials and nongovernmental groups in the Philippines, it said.

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