April 19, 2025
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Sensata Technologies shuts down Carpinteria facility

By   /  Tuesday, February 4th, 2025  /  Latest news, middle, Santa Barbara County, Technology  /  Comments Off on Sensata Technologies shuts down Carpinteria facility

Sensata Technologies, a supplier of sensing, electrical protection, control and power management solutions with locations across 14 countries, will be closing down its Carpinteria facility permanently by the end of March. In a WARN Act filing with the state of California, Sensata said it would be a full and permanent site closure and all employees Read More →

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Cal Poly announces 12 semi-finalists for 2025 AngelCon

By   /  Tuesday, February 4th, 2025  /  Higher Education, Latest news, left, Technology  /  Comments Off on Cal Poly announces 12 semi-finalists for 2025 AngelCon

The Cal Poly Center for Innovation and Entrepreneurship (CIE) Small Business Development Center (SBDC) announced the 12 tech startup semi-finalists to compete in the 2025 Angel Conference. This year’s event will take place at Rod & Hammer Rock and stream on YouTube Live on May 1st with the 12 startups having the opportunity to compete Read More →

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Teledyne completes $710M purchase from Excelitas

By   /  Monday, February 3rd, 2025  /  Central Coast, Latest news, middle, Technology  /  Comments Off on Teledyne completes $710M purchase from Excelitas

By Amanda Marroquin Business Times Intern Thousand Oaks-based Teledyne Technologies completed its $710 million acquisition of several businesses from Excelitas Technologies Corp on Feb. 3. Teledyne’s, the technology and defense conglomerate, $710 million acquisition included aerospace and defense electronics businesses. Qioptiq, a UK-based optical systems business under Excelitas, was amongst the businesses obtained in the deal, Read More →

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Westmont receives long overdue $2.7M from U.S. Treasury

By   /  Friday, January 31st, 2025  /  Latest news  /  Comments Off on Westmont receives long overdue $2.7M from U.S. Treasury

It wasn’t exactly a neatly wrapped package under the tree, but just before Christmas, Westmont College received a long-delayed gift — a $2.7 million disbursement from the U.S. Treasury that had been tied up in red tape for more than two years. The money was overdue funding under the ERTC or Employer Retention Tax Credit, Read More →

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Atara will shed 50% of its workforce after FDA rejection

By   /  Thursday, January 30th, 2025  /  Central Coast, Latest news, Subscriber content, Technology, Top Stories, Top Story, Tri-County Public Companies  /  Comments Off on Atara will shed 50% of its workforce after FDA rejection

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Unwrap.AI receives $12 million in Series A funding

By   /  Thursday, January 30th, 2025  /  Central Coast, Latest news, Technology, Top Stories, Top Story  /  Comments Off on Unwrap.AI receives $12 million in Series A funding

Santa Barbara-based Unwrap, an AI-powered customer intelligence platform, announced Jan. 30 it has received $12 million in Series A funding. The round was led by Scale Venture Partners with participation from Atlassian Ventures, Cercano, ScOp VC, Allen Institute for Artificial Intelligence, former Stripe CTO David Singleton, Perplexity co-founder Johnny Ho, and others. Unwrap will use the new funding to expand sales and Read More →

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Investors accuse Simi company of securities fraud

By   /  Wednesday, January 29th, 2025  /  East Ventura County, Latest news, Law & Goverment, middle, Subscriber content  /  Comments Off on Investors accuse Simi company of securities fraud

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