New funding round values Apeel Sciences at $2B
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Olaplex IPO will raise around $1B, company says
Olaplex, a hair care products company founded in Santa Barbara, expects to price its initial public offering of common stock between $14 and $16 per share, the company announced Sept. 20. The company said it is offering 67 million shares, so at the midpoint of its anticipated price range, the shares would sell for around Read More →
Westmont receives biggest gifts in its history
Westmont College in Montecito announced Sept. 15 that it had received the two largest cash gifts in its history, totaling more than $15 million. In late August, Westmont received $8.2 million from Ed and Mollie Miller, its largest single gift ever. The donation supports the college’s Paul Raymond Miller Scholarship Endowment, named in honor of Read More →
Paso Robles pursues spaceport designation for its airport
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Ventura’s building boom: City has more than 2,200 housing units in the works
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QAD reports loss as $2B acquisition nears
QAD, a Santa Barbara-based cloud software company for the manufacturing industry, saw its revenue and expenses rise in the second quarter of 2021 as the company prepares to be bought out by a San Francisco-based private equity firm. QAD lost $6.3 million, or 31 cents per share, in the quarter ended July 31, the company Read More →
Carpinteria cannabis growers strike deal over odor control
In a joint effort to address cannabis odor in the Carpinteria Valley, the main industry and community groups working on the issue say they’ve reached an agreement that ensures cannabis growers will cooperate with local residents to control the crop’s smell. The agreement was finalized Aug. 20 between the Cannabis Association for Responsible Growers, or Read More →
