UCSB to build $74.3M bioengineering center
By Staff Report / Tuesday, March 4th, 2014 / Restaurants, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on UCSB to build $74.3M bioengineering center
With the state’s fiscal picture improving, UC Santa Barbara is set to break ground on a $74.3 million bioengineering center this summer.
Sonos headquarters sold after listing for $21.5M
By Staff Report / Monday, March 3rd, 2014 / Real Estate, South Coast, Top Stories, Tri-County Economy / Comments Off on Sonos headquarters sold after listing for $21.5M
The 47,000-square-foot building at 25 E. Mason St. in Santa Barbara’s Funk Zone has been sold to an unnamed investor for an undisclosed amount. The property was listed for $21.5 million.
$50M infusion sets stage for Mindbody IPO
By Stephen Nellis / Friday, February 28th, 2014 / Banking & Finance, Central Coast, Technology, Top Stories, Tri-County Economy / Comments Off on $50M infusion sets stage for Mindbody IPO
San Luis Obispo-based software firm Mindbody has raised $50 million in fresh venture capital, bringing its total funds raised to date to $98 million and positioning the company for a possible initial public offering this year or next.
Freezing out the competition: Australian frozen yogurt brand makes global push from Ventura
By Erika Martin / Friday, February 28th, 2014 / Small Business, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Freezing out the competition: Australian frozen yogurt brand makes global push from Ventura
Australians Angus Murray and Michael Taylor have set up a California outpost for Foxy’s Frozen Yogurt in a bid to beat the Golden State at its own game.
Investors place bets on Ventura advertising tech firms
By Stephen Nellis / Friday, February 28th, 2014 / Technology, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Investors place bets on Ventura advertising tech firms
In a major week for advertising technology firms in Ventura, The Trade Desk has raised $20 million in a second venture capital round and Connexity has been acquired by Los Angeles-based Shopzilla.
DenMat drills down on growth strategy in Lompoc
By Marlize van Romburgh / Friday, February 28th, 2014 / Central Coast, Technology, Top Stories, Tri-County Economy / Comments Off on DenMat drills down on growth strategy in Lompoc
DenMat has acquired most of the dental assets of Fort Collins, Co.-based Zila and will move those operations to its Lompoc headquarters, adding more warehouse space and ramping up hiring in sales, marketing and manufacturing.
Crossroads Center developer sues Best Buy over growth plans
By Marlize van Romburgh / Friday, February 28th, 2014 / Central Coast, Law & Goverment, Real Estate, Tri-County Economy / Comments Off on Crossroads Center developer sues Best Buy over growth plans
In a suit filed last month in Santa Barbara County Superior Court, developer Santa Maria Associates 101 is suing Best Buy Stores and asking a court to affirm its rights to develop new pads in the center, which is located at Highway 101 and East Betteravia Road.