July 17, 2024

		


| Thursday, February 20th, 2014

Mindbody raises $50M for global push

Central Coast, Technology, Top Stories, Tri-County Economy

San Luis Obispo-based Mindbody has raised $50 million in new capital, its largest amount to date, that will used to fund global expansion and mobile product development. The raise brings its total venture capital raised thus far to more than $110 million and likely marks the largest-ever raise in San Luis Obispo County.

| Thursday, February 20th, 2014

Connexity sold to Shopzilla

Banking & Finance, Technology, Top Stories, Tri-County Economy, West Ventura County

Ventura-based digital advertising firm Connexity has been purchased by Shopzilla, an online comparison shopping website out of Los Angeles, for an undisclosed sum.

The deal marks the first exit for a business that had operated out of the Ventura Ventures Technology Center, the city of Ventura’s startup incubator.

| Tuesday, February 18th, 2014

KCRW enters Santa Barbara market with KDB buy

Nonprofits, Top Stories

Santa Monica-based National Public Radio affiliate KCRW has acquired Santa Barbara-based station KDB, intensifying the battle for public radio listeners and donors in the Tri-Counties.

| Tuesday, February 18th, 2014

Mission Community shareholders approve $56M acquisition

Banking & Finance, Banking Industry, Central Coast

Shareholders of San Luis Obispo-based Mission Community Bancorp have voted overwhelmingly in favor of a proposed merger with Heritage Oaks Bancorp out of Paso Robles. The $56 million deal was announced in October 2013 and would leave Heritage Oaks as the survivor and the largest bank based in the Tri-Counties.

| Tuesday, February 11th, 2014

Santa Barbara City Council declares Stage One drought

Agribusiness, Latest news, South Coast

Santa Barbara City Council members declared a Stage One drought on Feb. 11, calling on residents and businesses to reduce water use by 20 percent.

| Tuesday, February 11th, 2014

Conversant beats expectations in Q4

Earnings, Technology, Tri-County Public Companies

Shares of Westlake Village-based Conversant gained sharply in after-hours trading on Feb. 11 as the company delivered profits that beat Wall Street’s expectations and announced big changes designed to lead to growth.

| Monday, February 10th, 2014

Solar pioneer Bill Yerkes dies

Latest news, Technology

John W. “Bill” Yerkes, a Stanford-trained engineer who for decades championed the cause of solar cells for commercial use and was known as the “father of the solar industry,” has died in Santa Barbara.