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Nurturing the sole: Heeluxe leverages deals with Deckers, New Balance

By   /  Friday, September 26th, 2014  /  Small Business, South Coast, Top Stories  /  Comments Off on Nurturing the sole: Heeluxe leverages deals with Deckers, New Balance

Four years after launching a shoe insert that failed to bring homerun sales, Geoffrey Gray now has a thriving business in Heeluxe, a Goleta-based research lab for developing high performance footwear for the likes of New Balance, Mizuno and Deckers Brands, the parent company of Teva sandals.

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Genisyss offers your DNA, on a drive

By   /  Friday, September 26th, 2014  /  Health Care & Life Science, Technology, Top Stories  /  Comments Off on Genisyss offers your DNA, on a drive

In the digital age, it can feel like you can fit your whole existence — photos and videos of loved ones, writings, important financial documents — onto a small USB thumb drive.

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Frontier Airlines to drop Santa Barbara service

By   /  Tuesday, September 23rd, 2014  /  South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Frontier Airlines to drop Santa Barbara service

  Frontier Airlines will suspend all flights from the Santa Barbara Airport starting in January, the company has confirmed to the Business Times. The budget airline will continue to offer about four flights a week to Denver, its home airport, until Jan. 6, 2015, when these flights will be halted completely until late May 2015.  Read More →

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TechXpress acquired for $1.6M

By   /  Monday, September 22nd, 2014  /  Central Coast, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on TechXpress acquired for $1.6M

San Luis Obispo-based TechXpress is being split up and sold for $1.6 million in cash and stock.

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Schaff buys Goleta offices from Towbes for $26.4M

By   /  Monday, September 22nd, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Schaff buys Goleta offices from Towbes for $26.4M

  South Coast real estate investor Victor Schaff has purchased a 120,000-square-foot-property in Goleta for $26.4 million. The property, which includes two 60,000-square-foot office buildings on a 10-acre parcel at 75 Coromar Drive in the Raytheon Business Park, was sold by Santa Barbara-based Towbes Capital Partners, the private-equity real estate affiliate of The Towbes Group. Read More →

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Sientra to go public, raise up to $86.2M

By   /  Friday, September 19th, 2014  /  South Coast, Technology, Top Stories  /  Comments Off on Sientra to go public, raise up to $86.2M

Santa Barbara-based breast implant maker Sientra filed papers Sept. 19 to raise up to $86.2 million in an initial public stock offering.

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Stollmeyer family gives $1M to French Hospital

By   /  Friday, September 19th, 2014  /  Central Coast, Health Care & Life Science, Nonprofits, Top Stories, Tri-County Economy  /  Comments Off on Stollmeyer family gives $1M to French Hospital

Mindbody CEO Rick Stollmeyer and his ex-wife are making a $1 million gift to French Hospital Medical Center in San Luis Obispo. Rick Stollmeyer, co-founder and chief executive of SLO-based software firm Mindbody, and Lori Stollmeyer Ryan made the gift to support the hospital’s “Well into the Future” campaign, which includes the expansion and remodel Read More →