Venoco to sell Oxnard oil field for $200M
By Stephen Nellis / Friday, August 22nd, 2014 / Latest news, Top Stories, West Ventura County / 1 Comment
With revenue sagging and pressure mounting to reduce its debt load, Venoco has agreed to sell an oil field near Oxnard for $200 million.
IQMS readies for big leagues with first outside investment
By Stephen Nellis / Friday, August 22nd, 2014 / Central Coast, Technology, Top Stories, Tri-County Economy / Comments Off on IQMS readies for big leagues with first outside investment
Paso Robles-based software firm IQMS has taken an outside investment for the first time in its 25-year history, raising an undisclosed sum from the same financiers who have backed Facebook, Expedia and Netflix. The company said Aug. 19 that Technology Crossover Ventures led the funding round with Banneker Partners participating. The terms of the deal Read More →
iFixit taps its own mantra for new corporate digs in SLO
By Stephen Nellis / Friday, August 22nd, 2014 / Central Coast, Reprints, Technology, Top Stories / Comments Off on iFixit taps its own mantra for new corporate digs in SLO
San Luis Obispo-based iFixit’s mission is to save the world with “the repair guide for everything, written by everyone.”
Competition heats up in infrared market as Flir, Seek Thermal release smartphone products
By Stephen Nellis / Friday, August 22nd, 2014 / South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Competition heats up in infrared market as Flir, Seek Thermal release smartphone products
This holiday season, two South Coast firms will compete to sell what could be the hottest gadget gift of the year: affordable thermal cameras for smartphones. Goleta-based Seek Thermal, the company founded by longtime infrared entrepreneurs Bill Parrish and Tim Fitzgibbons that has raised $30 million, said Aug. 19 that it will offer a Read More →
Pacifica Hotels, Eastern Real Estate team up on hostel takeover
By Elijah Brumback / Friday, August 22nd, 2014 / Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy / Comments Off on Pacifica Hotels, Eastern Real Estate team up on hostel takeover
Last week, Santa Barbara firms Pacifica Hotels and Eastern Real Estate purchased the hostel from the Parker family.
Lynda.com hires public-company exec
By Stephen Nellis / Friday, August 22nd, 2014 / South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Lynda.com hires public-company exec
Carpinteria-based online education firm Lynda.com has hired a new executive to drive its global expansion and has opened an office in San Francisco to tap Bay Area talent.
Pour no more: Small wineries oppose Santa Barbara County tasting-room ordinance
By Marissa Wenzke / Friday, August 22nd, 2014 / Agribusiness, Central Coast, Small Business, South Coast, Tourism, Tri-County Economy, Wine & Viticulture / Comments Off on Pour no more: Small wineries oppose Santa Barbara County tasting-room ordinance
Many small wineries in rural areas of Santa Barbara County such as the Santa Ynez Valley may be unable to house tasting rooms or hold special events if county officials approve changes to a winery ordinance that has been in place since 2004.