Procore announces second recent acquisition
Procore Technologies secured its second acquisition in as many months when the Carpinteria-based construction software company announced on Oct. 22 it had acquired LaborChart. Financial details were not disclosed for this deal, and a timeline of when it would close was also not provided. Procore did say, however, that the acquisition would not have any Read More →
Region’s unemployment rate drops below 5%
The unemployment rate in the tri-county region dropped nearly a full percentage point between August and September, to reach its lowest level since before the COVID-19 pandemic began. The combined unemployment rate of Ventura, Santa Barbara and San Luis Obispo counties was just under 5% in September, down from 5.9% in August, according to a Read More →
Inogen co-founder to leave company in April
Brenton Taylor, the executive vice president for engineering at the Goleta medical device company Inogen and one of the company’s three founders, will be leaving Inogen next year. Inogen announces his departure Oct. 12, along with the promotion of Dr. Stanislav Glezer to the position of chief technology offcer. Glezer has been with Inogen since Read More →
Real Estate: Limoneira closes first phase of Harvest project with 596 homes
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Alisal Fire now 41% contained, Highway 101 reopened
Firefighters got the upper hand Thursday on the Alisal Fire in Santa Barbara County, and on Friday morning Highway 101 was fully open between Goleta and Buellton after a three-day closure. The fire started Monday afternoon in Refugio Canyon, a few miles north of Refugio State Beach. By Friday morning, it was 41% contained, according Read More →
Fire closes Highway 101 near Goleta
Highway 101 remained closed Wednesday morning at its midpoint in Santa Barbara County as a wildfire that started Oct. 11 continued to burn through the hills northwest of Goleta. The Alisal Fire jumped Highway 101 along the Gaviota coast on Oct. 12 and sent smoke and ash into downtown Santa Barbara and even Ventura County. Read More →
Jay-Z’s cannabis company buys Santa Barbara dispensary operator
Coastal Holdings Company, a Santa Barbara-based cannabis dispensary and delivery operator, was purchased by The Parent Company, a publicly traded cannabis firm backed by the rapper Jay-Z, in a deal worth as much as $56.2 million. According to details of the transaction, which The Parent Company announced Oct. 4, The Parent Company is seeking to Read More →
