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Co-working spaces foster startups in Santa Maria, Westlake Village

By   /  Friday, June 27th, 2014  /  Central Coast, East Ventura County, Small Business, Technology, Top Stories, Tri-County Economy  /  Comments Off on Co-working spaces foster startups in Santa Maria, Westlake Village

New co-working spaces are springing up in Santa Maria and Westlake Village.

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Alive and clicking: Visus thriving after 20 years in software

By   /  Friday, June 27th, 2014  /  Small Business, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Alive and clicking: Visus thriving after 20 years in software

When Michael Daoud founded Santa Barbara software firm Visus 20 years ago, America Online launched its first portal onto something called the World Wide Web, letting home users access it for the first time. About a quarter of American homes had computers, and in San Francisco, the first-ever conference on the commercial potential of the Web featured Marc Andreessen, founder of a fledgling startup called Netscape, as a key speaker.

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CKE downsizes Carpinteria headquarters

By   /  Wednesday, June 25th, 2014  /  Real Estate, Restaurants, South Coast, Top Stories, Tri-County Economy  /  Comments Off on CKE downsizes Carpinteria headquarters

CKE Restaurants, the parent company of fast-food chains Carl’s Jr. and Hardee’s, is again downsizing the footprint at its Carpinteria headquarters and moving some employees to its Anaheim offices. CKE’s lease at the building at 6307 Carpinteria Ave. expires in March 2015 and the company is currently negotiating for an extension of a smaller space, Read More →

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VCEDA chief steps down

By   /  Tuesday, June 24th, 2014  /  East Ventura County, Latest news, Nonprofits, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on VCEDA chief steps down

Bill Buratto has stepped down as the head of the Ventura County Economic Development Association, one of the most prominent business advocacy groups in the region.

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GoTek gets patent for rotary engine

By   /  Tuesday, June 24th, 2014  /  Small Business, Technology, Top Stories, Tourism, Tri-County Economy, West Ventura County  /  Comments Off on GoTek gets patent for rotary engine

Oxnard-based startup GoTek Energy has won its first patent, for its DynaKinetic rotary engine technology. “We are excited about this issuance of our first GoTek Energy patent and expect many more to follow,” CEO Steve Herbruck said in a June 17 news release. GoTek’s DynaKinetic engine has no pistons or no valves and valve seats Read More →

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Inogen gets FDA approval for at-home oxygen device

By   /  Tuesday, June 24th, 2014  /  Health Care & Life Science, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Inogen gets FDA approval for at-home oxygen device

Goleta-based Inogen said it has received approval from the U.S. Food and Drug Administration to sell a stationary oxygen concentrator.

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Procore to build out South Coast operations with $15M Bessemer raise

By   /  Friday, June 20th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Procore to build out South Coast operations with $15M Bessemer raise

Carpinteria-based Procore Technologies, a maker of cloud-based construction management software, recently raised $15 million from the same Silicon Valley investors that have backed Yelp, LinkedIn and Skype, bringing its total funding to date to $20.5 million.