Elite Meetings International is a company that started out aiming to make it easier for corporate planners to find a good luxury hotel but ended up helping those same hotels do more business by creating better booking software.
Goleta-based Inogen has raised $70.5 million in an initial public offering of 4.4 million shares priced at $16, the bottom of the expected $16 to $18 a share range, according to IPO investment firm Renaissance Capital.
The city of Ventura is near the end of its relationship with DFJ Frontier, a venture capital fund associated with Draper Fisher Jurvetson with an outpost in Santa Barbara.
San Luis Obispo can expect to see a slight increase in solar-power industry jobs with a recent deal that split up REC Solar and sold off its residential installation business to a San Francisco firm.
Resonant’s planned initial public offering is small at $13.8 million, but there’s a chance that the Santa Barbara-based company’s development deal with a major supplier to Apple’s iPhone and every other mobile handset-maker could become very large, very quickly.
The Tri-Counties may or may not see many rain clouds this year, but farmers around the region will be using cloud computing to manage their irrigation with San Luis Obispo-based Hortau.
If Goleta-based Inogen goes public this year, it will be the first firm in the region to do so under new securities rules that make it easier for small companies to become listed on the major exchanges but also allow them to reveal less information to investors than their larger counterparts.