Procore to build out South Coast operations with $15M Bessemer raise
By Stephen Nellis / 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.
Eminent domain suits clear way for Ventura County brine line
By Stephen Nellis / Friday, June 20th, 2014 / Agribusiness, East Ventura County, Law & Goverment, Real Estate, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Eminent domain suits clear way for Ventura County brine line
The Calleguas Municipal Water District has filed eminent-domain lawsuits against four Ventura County property owners to make way for a massive brine pipeline that will help parts of the county import less water from outside the region.
New tasting room opens wider window into Ojai vintner’s craft
By Tom Bronzini / Friday, June 20th, 2014 / Columns, East Ventura County, Top Stories, Tourism, West Ventura County, Wine & Viticulture / Comments Off on New tasting room opens wider window into Ojai vintner’s craft
The first thing you would likely notice upon entering the new, expanded Ojai Vineyard tasting room in downtown Ojai is an impressive wine library in a cooled, glass-fronted space that dominates the rear wall.
Visitors pour in to Tri-Counties for wine tourism
By Marissa Wenzke / Friday, June 20th, 2014 / Top Stories, Tourism, Wine & Viticulture / Comments Off on Visitors pour in to Tri-Counties for wine tourism
Tourism visitor spending in the coastal region that includes the Tri-Counties jumped from $6.7 billion to $7 billion between 2012 and 2013 as part of a 23 percent increase since 2009 that is expected to continue this summer.
The hip touch for hotels: Inn operators seek partner for next step
By Elijah Brumback / Friday, June 20th, 2014 / Central Coast, East Ventura County, Real Estate, South Coast, Top Stories, Tourism, West Ventura County / Comments Off on The hip touch for hotels: Inn operators seek partner for next step
Shelter Social Club, a boutique renovator and operator of hotels in the Tri-Counties, is on the hunt for a financial partner that could contribute $1 million toward its next venture.
Office deal activity buzzing through tri-county markets
By Elijah Brumback / Friday, June 20th, 2014 / Columns, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Office deal activity buzzing through tri-county markets
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Investors affirm Vitesse turnaround strategy in sold-out $26.7M offering
By Austen Hufford / Friday, June 20th, 2014 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on Investors affirm Vitesse turnaround strategy in sold-out $26.7M offering
In a little over a year, investors have twice shown confidence in the turnaround of Vitesse Semiconductor Corp. On June 17, the company netted proceeds of $26.7 million by selling 8.6 million shares of common stock.