Clean Diesel shares soar on Acura contract
By Staff Report / Tuesday, March 11th, 2014 / Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Clean Diesel shares soar on Acura contract
Clean Diesel said it has begun production of a new series of catalytic-emissions reduction products for the 2015 version of Honda’s gasoline-powered Acura TLX models. The announcement sent the Ventura-based firm’s shares soaring 74 percent higher in trading on March 11.
Quantifying success: New fund to invest in data companies
By Stephen Nellis / Friday, March 7th, 2014 / Technology, Top Stories / Comments Off on Quantifying success: New fund to invest in data companies
A group of Santa Barbara entrepreneurs is looking to raise as much as $50 million for an investment fund that would finance dozens of little big-data startups.
German entrepreneur tunes into hearing loops with Otojoy
By Stephen Nellis / Friday, March 7th, 2014 / Columns, Technology / Comments Off on German entrepreneur tunes into hearing loops with Otojoy
A Santa Barbara entrepreneur is hoping to make life in public places a little easier for people with hearing loss. Otojoy installs hearing loops, which take audio signals from sound systems and then transmit them electromagnetically to be picked up by a special feature found in most hearing aids.
Semtech meets Street expectations after layoffs
By Stephen Nellis / Wednesday, March 5th, 2014 / Earnings, Technology, Top Stories, Tri-County Public Companies / Comments Off on Semtech meets Street expectations after layoffs
Camarillo-based Semtech Corp. delivered earnings on par with Wall Street expectations on March 5, holding its forecast steady as it deals with the costs of laying off 6 percent of its workforce and navigating a rough patch amid several years of growth.
UCSB to build $74.3M bioengineering center
By Staff Report / Tuesday, March 4th, 2014 / Restaurants, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on UCSB to build $74.3M bioengineering center
With the state’s fiscal picture improving, UC Santa Barbara is set to break ground on a $74.3 million bioengineering center this summer.
Yardi acquires self-storage management platform
By Staff Report / Monday, March 3rd, 2014 / Latest news, Real Estate, Technology / Comments Off on Yardi acquires self-storage management platform
Goleta-based real estate software firm Yardi Systems has acquired Centershift, maker of a cloud-based platform for self-storage facilities. Terms of the deal were not disclosed.
$50M infusion sets stage for Mindbody IPO
By Stephen Nellis / 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.