Lynda.com raises $103M
In a move that could change online education, Carpinteria-based lynda.com has raised $103 milllion from a group of investors, marking the first time the company has taken outside funding in its 17-year history. Lynda.com, one of the fastest-growing firms in the Tri-Counties, employs about 400 people and generated $100 million in revenue in 2012. It Read More →
Santa Maria’s cable guys: Okonite products power world’s biggest utilities
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Writing fraud-proof crowdfunding rules is a a tall order for the SEC
Dude, where’s my equity crowdfunding?
The good, the bad and the fake: Santa Barbara firm double checks sales leads data
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Nexsan sold for $120M
Thousand Oaks-based Nexsan Corp., a maker of hard-disk storage arrays for mid-sized businesses, has been purchased by Imation Corp. for $120 million. Imation will pay $105 million in cash and 3.3 million common shares, worth about $15 million, for the Thousand Oaks firm. Nexsan is privately held but kicked off an unsuccessful bid to go Read More →
CalAmp buys Wireless Matrix for $53M
Oxnard-based wireless products company CalAmp Corp. said Dec. 20 that it is buying the U.S. operations of Wireless Matrix Corp. for $53 million in cash. CalAmp said it expects the deal, which will likely close in the first quarter of 2013, to be accretive to its non-GAAP earnings starting in 2014. Wireless Matrix is a Read More →
