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.

Investors place bets on Ventura advertising tech firms
By Stephen Nellis / 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.

DenMat drills down on growth strategy in Lompoc
By Marlize van Romburgh / 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.
The Trade Desk raises $20M
By Staff Report / 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.