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By Marlize van Romburgh / 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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By Stephen Nellis / 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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By Stephen Nellis / 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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By Stephen Nellis / 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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By Staff Report / 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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By Staff Report / 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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