Santa Barbara firms team up to buy Avila Beach hotel project
The project, which has not yet started to wind its way through what will likely be a lengthy entitlement process, is the second investment by Somera Management and Postcard Properties in south SLO County.
AmeriFlex celebrates 25 years of helping entrepreneurs
After a quarter century in an industry that’s changed tremendously, AmeriFlex Financial Services is gearing up for its biggest year.
Startup Paso Robles wine brand Chronic Cellars purchased
Novato-based Winery Exchange has purchased Chronic Cellars out of Paso Robles, a young winery known for its red-wine blends and counter-culture branding. Terms of the deal were not disclosed. Chronic Cellars is best known for red blends such as its zinfandel-based Purple Paradise and its syrah-based Sofa King Bueno, Winery Exchange said in a Read More →
Sonos fights Apple spinoffs in patent battle
Wireless speaker maker Sonos made its first-ever disclosure of $535 million in revenue while locked in a patent fight against sophisticated opponents with ties to Apple.
Xirrus targets 2015 for IPO, plans new Wi-Fi products
Thousand Oaks-based Xirrus has rolled out a new line of corporate-grade Wi-Fi devices at a lower price point that it hopes will vastly expand its customer base and set the stage for an initial public offering next year.
