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$50M infusion sets stage for Mindbody IPO

By   /  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.

Latest

Freezing out the competition: Australian frozen yogurt brand makes global push from Ventura

By   /  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.

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Investors place bets on Ventura advertising tech firms

By   /  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.

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DenMat drills down on growth strategy in Lompoc

By   /  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.

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Crossroads Center developer sues Best Buy over growth plans

By   /  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.

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Deckers shares plunge with predicted Q1 loss

By   /  Thursday, February 27th, 2014  /  Banking & Finance, South Coast, Top Stories  /  Comments Off on Deckers shares plunge with predicted Q1 loss

Shares of Ugg boot parent Deckers Outdoor Corp. were down almost 14 percent in after-hours trading on Feb. 27 (Deckers media photo)

Shares of Deckers Outdoor Corp. were down sharply in after-hours trading Feb. 27 as the company predicted a loss for this year’s first quarter of 16 cents per share compared to a 10-cent-per-share profit expected by Wall Street.

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Film productions reel in $4.1M for SLO County

By   /  Thursday, February 27th, 2014  /  Central Coast, Latest news, Tourism  /  Comments Off on Film productions reel in $4.1M for SLO County

Film production in San Luis Obispo County is on a roll, creating an estimated $4.1 million economic impact last year over 183 filming days. Notable credits include ABC’s “The Taste” and a slew of car commercials.