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UCSB to build $74.3M bioengineering center

By   /  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.

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Yardi acquires self-storage management platform

By   /  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.

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$50M infusion sets stage for Mindbody IPO

By   /  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.

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Investors place bets on Ventura advertising tech firms

By   /  Friday, February 28th, 2014  /  Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Investors place bets on Ventura advertising tech firms

In a major week for advertising technology firms in Ventura, The Trade Desk has raised $20 million in a second venture capital round and Connexity has been acquired by Los Angeles-based Shopzilla.

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DenMat drills down on growth strategy in Lompoc

By   /  Friday, February 28th, 2014  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on DenMat drills down on growth strategy in Lompoc

DenMat has acquired most of the dental assets of Fort Collins, Co.-based Zila and will move those operations to its Lompoc headquarters, adding more warehouse space and ramping up hiring in sales, marketing and manufacturing.

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The Trade Desk raises $20M

By   /  Tuesday, February 25th, 2014  /  Technology, Top Stories  /  Comments Off on The Trade Desk raises $20M

In what is likely the biggest funding round ever for a Ventura-based tech company, digital advertising firm The Trade Desk has raised $20 million in venture capital in a second financing round led by Hermes Growth Partners.

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Venture capital raises at Goleta firms Transphorm and Tyrian top $23M

By   /  Friday, February 21st, 2014  /  Green Coast, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Venture capital raises at Goleta firms Transphorm and Tyrian top $23M

Transphorm, a maker of energy-efficient electronic components, has raised $15 million in additional capital related to its recent partnership with Fujitsu Ltd. of Japan. Tyrian Systems, a firm founded by a pair of longtime infrared sensor entrepreneurs to commercialize thermal vision technology, has raised an $8.3 million Series B investment.