For the past 14 months, Pete Turpel has lived a business owner’s worst nightmare. He carefully built up Phone on Hold Marketing Systems, which provides pre-recorded messages for firms to play while customers are on hold, over nearly three decades. And then last year, the Federal Trade Commission filed a lawsuit alleging that Turpel had Read More →
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Thousand Oaks-based wireless firm Xirrus has raised $10.1 million in venture capital, bringing its total operational funding to an estimated $90 million. The latest funding round was disclosed in securities filings and follows a $23.7 million round in September 2012 that was led by existing investors August Capital, Canaan Partners, InterWest Partners, QuestMark Partners and Read More →
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Goleta-based BAROnova has raised $27.3 million to fund clinical trials of its obesity treatment, bringing the medical device firm’s total funds raised to date to $41.3 million. The company is developing a product it calls the TransPyloric Shuttle. The firm said the device may be able to slow the digestion process and create the sensation of Read More →
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