On June 13, the Port of Los Angeles organized an event with representatives from eight Asian countries at CSU Channel Islands to show Ventura County business owners that the port’s loss is their opportunity. In May alone, half of the 321,000 container units leaving the port were empty.
MarBorg trucks run on compressed natural gas, a hawk keeps seagulls away from the recycling facilities, and some of the locations even have solar panels.
More than 700 business and community members turned out to the 20th annual South Coast Business and Technology Awards dinner on June 12. The attendance was the highest yet for the event, which has helped raise $1.6 million in scholarships to more than 650 students over the past two decades. The event honors leaders from Read More →
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 →
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 →
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.
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.
