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Heritage Oaks CFO resigns

By   /  Tuesday, January 14th, 2014  /  Banking & Finance, Banking Industry, Central Coast, Top Stories  /  Comments Off on Heritage Oaks CFO resigns

Mark Olson has resigned from his position as chief financial officer and executive vice president at Paso Robles-based Heritage Oaks Bancorp, tied as the largest bank based in the region with about $1.2 billion in assets.

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Suneva Medical raises $35M for skin treatments

By   /  Friday, January 10th, 2014  /  Health Care & Life Science, South Coast, Technology, Top Stories  /  Comments Off on Suneva Medical raises $35M for skin treatments

Suneva Medical, a San Diego aesthetics company with executive offices in Santa Barbara, has raised $35 million in debt and equity financing, bringing its total funding to $70.5 million over the past two years.

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Atara Biotherapeutics funding round hits $52M

By   /  Friday, January 10th, 2014  /  East Ventura County, Latest news, Technology, Top Stories  /  Comments Off on Atara Biotherapeutics funding round hits $52M

Thousand Oaks-based Atara Biotherapeutics has brought on more investors to its second financing round, bringing the total raised to $52 million.

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$114M slated to fuel Santa Maria Energy operations

By   /  Friday, January 10th, 2014  /  Central Coast, Real Estate, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on $114M slated to fuel Santa Maria Energy operations

Santa Maria Energy has disclosed plans to pump up to $114 million into Santa Barbara County this year as it pursues its $1.2 billion in oil reserves and more than 7,700 potential drilling locations.

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Dressed to the canines: PetPaint opts for loan over ‘Shark Tank’

By   /  Friday, January 10th, 2014  /  Features, Small Business, West Ventura County  /  Comments Off on Dressed to the canines: PetPaint opts for loan over ‘Shark Tank’

Abe Geary passed up a funding offer from “Shark Tank” that would have turned over a 60 percent equity stake in the company, to direct its development personally.

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TekTegrity buy caps IT industry consolidation

By   /  Friday, January 10th, 2014  /  Central Coast, Technology, Top Stories  /  Comments Off on TekTegrity buy caps IT industry consolidation

San Luis Obispo-based TekTegrity has acquired Digital Foundation, continuing a wave of consolidation in the Central Coast IT services industry.

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New Sierra Vista chief takes helm during health care overhaul

By   /  Friday, January 10th, 2014  /  Central Coast, Health Care & Life Science, Top Stories, Tri-County Economy  /  Comments Off on New Sierra Vista chief takes helm during health care overhaul

Joseph DeSchryver steps into his new role as chief executive at Sierra Vista Regional Medical Center in San Luis Obispo amid seismic changes in the health care industry.