HG Data signs up for space in Funk Zone
HG Data, a business intelligence firm, recently signed a 3.5-year lease for 9,000 square feet in a former dance studio at 1 N. Calle Cesar Chavez on Santa Barbara’s east side. The deal is yet another sign that young and growing tech companies favor Santa Barbara over cheaper, more easily-equipped spaces in Goleta or Read More →
QAD’s second-quarter profits drop despite record revenue
Shares of Summerland-based business software firm QAD fell Aug. 27 on news that the company’s second-quarter profits dropped 24.2 percent to $985,000. QAD reported record revenues and higher operating income during the second quarter. Its total revenue climbed 12 percent to a second-quarter record of $73.1 million, it said, up from $65.2 million in the Read More →
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
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 →
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.
Semtech earnings on track after layoffs
Shares of Camarillo-based chipmaker Semtech Corp. were up 4.8 percent after the company announced stronger-than-expected sales and profits. Semtech, which uses a fiscal year that ends in January each year, said Aug. 20 that its second-quarter fiscal 2015 revenues were $145.7 million, up 10 percent from the previous quarter but down 12 percent from the Read More →
