Farshad Fardad has raised $60 million and used $40 million of it to buy a Canadian firm in a bid to build a digital marketing conglomerate big enough to compete with the likes of ValueClick and the region’s other top names. Fardad is CEO of Westlake Village-based GlobalWide Media, founded in 2007. In May, the Read More →
It’s tech pitch season in San Luis Obispo, with Cal Poly’s HotHouse turning out a crop of startups angling for funding and Softec and other groups gearing up for a fall symposium that promises to draw hundreds of listeners and, hopefully, a few investors. The Cal Poly effort has kept students focused on business ideas Read More →
Carpinteria-based Clipper Windpower faces a $60 million lawsuit from a wind farm developer shortly after it laid off 174 people. First Wind Energy, a Boston-based wind farm developer with projects in New York, Hawaii and several other states, filed suit on Sept. 4 in Santa Barbara County Superior Court. Most of the complaint is sealed. Read More →
By Stephen Nellis / Friday, August 31st, 2012 / Features, Technology / Comments Off on Powering up a vision: Visus founder turned setbacks into software
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If a $55 billion cut to the U.S. defense budget takes effect on Jan. 2 as planned, small and mid-sized military contractors in the Tri-Counties stand to be hit the hardest by a $113 million reduction in the $1.2 billion that currently goes to defense spending in the region. The military cuts are part of Read More →
Santa Barbara-based RightScale has joined the ranks of Google, Twitter and PayPal as the winner of an award from the World Economic Forum, the group that holds its famous meetings in Davos each year. The forum named RightScale a 2013 Technology Pioneer. The award goes to startups with “the potential to transform business and society,” Read More →
