Goleta-based Inogen has raised $70.5 million in an initial public offering of 4.4 million shares priced at $16, the bottom of the expected $16 to $18 a share range, according to IPO investment firm Renaissance Capital.
Shares of Westlake Village-based Conversant gained sharply in after-hours trading on Feb. 11 as the company delivered profits that beat Wall Street’s expectations and announced big changes designed to lead to growth.
John W. “Bill” Yerkes, a Stanford-trained engineer who for decades championed the cause of solar cells for commercial use and was known as the “father of the solar industry,” has died in Santa Barbara.
By Stephen Nellis / Friday, February 7th, 2014 / Columns, Technology / Comments Off on Ventura backs out of its brief adventure in venture capital funding
The city of Ventura is near the end of its relationship with DFJ Frontier, a venture capital fund associated with Draper Fisher Jurvetson with an outpost in Santa Barbara.
San Luis Obispo can expect to see a slight increase in solar-power industry jobs with a recent deal that split up REC Solar and sold off its residential installation business to a San Francisco firm.
Resonant’s planned initial public offering is small at $13.8 million, but there’s a chance that the Santa Barbara-based company’s development deal with a major supplier to Apple’s iPhone and every other mobile handset-maker could become very large, very quickly.
The Tri-Counties may or may not see many rain clouds this year, but farmers around the region will be using cloud computing to manage their irrigation with San Luis Obispo-based Hortau.
