February 12, 2025

		


| Thursday, November 7th, 2013

ImmunGene raises $9M

East Ventura County, Technology, Top Stories

Thousand Oaks-based ImmunGene, a cancer treatment firm led by a former Amgen scientist, has raised $9 million from Ally Bridge Group, an investment group with ties to Hong Kong.

ImmunGene’s so-called antibody-cytokine fusion technology could help improve the cancer-cell targeting in therapies. President and CEO Sanjay D. Khare was formerly the scientific director at Amgen, the biotech giant. Prior to the funding, ImmunGene had received several hundred thousand dollars in federal research grants.

| Tuesday, November 5th, 2013

Port of Hueneme unveils marine test program

Technology, Tri-County Economy, West Ventura County

Called MAST, short for Marine Advanced Systems and Technology, the program will create an innovation hub of sorts for companies to test paint, products and devices for their ability to operate in marine environments.

| Tuesday, November 5th, 2013

Salem profits soar on higher Internet revenue

Banking & Finance, Earnings, Technology, Tri-County Public Companies

Christian and conservative media operator Salem Communications Corp.’s third-quarter profits jumped 58 percent to $5.3 million, or 21 cents per share, as revenue increased 3.1 percent to $58.5 million. The Camarillo-based firm’s revenue continued to shift to the Web, with third-quarter Internet revenue increasing 20.4 percent to $9.4 million.

| Tuesday, November 5th, 2013

ValueClick profits jump 33%, firm to sell sites

Banking & Finance, Earnings, Technology, Tri-County Public Companies

Online advertising firm ValueClick’s third-quarter profits jumped 33 percent to $22.1 million and the firm announced plans to sell off company-owned websites such as Investopedia.com and CouponMountain.com.

“We delivered strong profitability and cash flow in the third quarter, driven by a continued mix shift into our higher-value-added offerings,” ValueClick CEO and President John Giuliani said in a news release. “Solid year-over-year growth in our CRM, affiliate marketing, mobile, video and cross-device solutions was offset by weakness in our insertion order display business within the media segment.”

| Tuesday, November 5th, 2013

2014 Amgen Tour set to cycle through four of region’s cities

Central Coast, East Ventura County, South Coast, Tourism, Tri-County Economy

The 2014 Amgen Tour of California, the largest cycling race in the U.S., will visit four cities in the Tri-Counties in May. The eight-day annual event will roll through Cambria, Pismo Beach and Santa Barbara before concluding at the finish line in Thousand Oaks.

| Monday, November 4th, 2013

Startup Weekend returns to Santa Barbara

Latest news, Technology

Startup Weekend is gearing up for its return to Santa Barbara on Nov. 15-17. The event is a three-day creative sprint that brings together technical experts, designers and business minds to create a company idea over a weekend. The idea took off with support from the Kauffman Foundation, Microsoft and Google, with local groups organizing Read More →

| Monday, November 4th, 2013

Economists call on Santa Barbara County to embrace economic development

Central Coast, Latest news, South Coast, Tri-County Economy

Santa Barbara County needs to rethink the role of economic development if it is going to retain upper middle class and head of household jobs.

That was the theme of the Oct. 31 annual summit of the Santa Barbara Technology & Industry Association. Held on Halloween day at the Santa Ynez Valley Marriott hotel in Buellton, the event painted a scary economic future for the county.