Dubroff: Why Microsoft’s acquisition of LinkedIn might be out of sync
Just one year ago, LinkedIn made history on the Central Coast when it created the region’s first unicorn, buying Lynda.com for $1.5 billion. Now LinkedIn is selling itself to Microsoft for $26 billion, or an estimated 79 times operating earnings, in what Bloomberg and the New York Times DealBook column describe as one of the Read More →
Initiative to help startups at UC campuses included in state budget bill
California lawmakers included an initiative to help startups at UC campuses throughout California in a $122.5 billion budget passed by the legislature June 15. Assemblywoman Jacqui Irwin, D-Thousand Oaks, proposed the initiative, which will give $2 million every year to each UC campus and the Lawrence Berkeley National Laboratory to start or expand business incubators. Read More →
Santa Barbara’s LogicMonitor gets $130 million investment
A fast-growing Santa Barbara IT firm has hit it big with a $130 million capital raise. LogicMonitor, headquartered at two offices in Santa Barbara, said Providence, R.I.,-based Providence Equity Partners invested $130 million in the IT service firm June 16. Steve Francis created the cloud-based service in 2008 that allows businesses or IT departments to Read More →
Impact Radius gets $30 million investment
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Santa Maria entrepreneurs get advice on how to build tech hub
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Impact Radius raises $30 million in funding round
Impact Radius, a Santa Barbara-based digital marketing firm, finished a $30 million funding round June 8 by Boston-based Silversmith Capital Partners. Founded in 2008 by veterans from the early days of Commission Junction, now CJ Affiliate by Conversant, Impact Radius is a pioneer of so-called performance marketing space, where advertisers only pay out a commission Read More →
Teledyne subsidiary to develop parts for satellite network
Teledyne Defence won a contract June 6 to develop parts for micro satellites which may create a worldwide Internet network. Teledyne Defence, a United Kingdom-based subsidiary of Thousand Oaks-based industrial conglomerate Teledyne Technologies, said OneWeb Satellites awarded the company a contract June 6 to develop a component called a communications repeater for a network of Read More →
