Ty Warner avoids prison time for tax evasion
By Staff Report / Tuesday, January 14th, 2014 / Latest news, Law & Goverment, South Coast, Top Stories, Tourism / Comments Off on Ty Warner avoids prison time for tax evasion
Toy magnate and Santa Barbara hotelier Ty Warner has avoided prison time, instead landing probation and community service at a Jan. 14 court hearing in Chicago.
Heritage Oaks CFO resigns
By Staff Report / Tuesday, January 14th, 2014 / Banking & Finance, Banking Industry, Central Coast, Top Stories / Comments Off on Heritage Oaks CFO resigns
Mark Olson has resigned from his position as chief financial officer and executive vice president at Paso Robles-based Heritage Oaks Bancorp, tied as the largest bank based in the region with about $1.2 billion in assets.
Invoca funding hits $30.8M
By Stephen Nellis / Tuesday, January 14th, 2014 / Technology, Top Stories / Comments Off on Invoca funding hits $30.8M
Santa Barbara-based inbound call technology firm Invoca has raised $20 million from Accel Partners, bringing the company’s funds raised to date to $30.8 million. Invoca’s technology lets companies generate unique phone numbers to insert into marketing campaigns, filter calls as they come in, and track and attribute any sales that result.
Salem makes $8.5M buy in bid to build conservative media empire
By Staff Report / Monday, January 13th, 2014 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Salem makes $8.5M buy in bid to build conservative media empire
Camarillo-based Christian and conservative media company Salem Communications Corp. said Jan. 13 that it has purchased the assets of Eagle Publishing for $8.5 million in a bid to build “a conservative media powerhouse.”
Suneva Medical raises $35M for skin treatments
By Staff Report / Friday, January 10th, 2014 / Health Care & Life Science, South Coast, Technology, Top Stories / Comments Off on Suneva Medical raises $35M for skin treatments
Suneva Medical, a San Diego aesthetics company with executive offices in Santa Barbara, has raised $35 million in debt and equity financing, bringing its total funding to $70.5 million over the past two years.
Atara Biotherapeutics funding round hits $52M
By Staff Report / Friday, January 10th, 2014 / East Ventura County, Latest news, Technology, Top Stories / Comments Off on Atara Biotherapeutics funding round hits $52M
Thousand Oaks-based Atara Biotherapeutics has brought on more investors to its second financing round, bringing the total raised to $52 million.
$114M slated to fuel Santa Maria Energy operations
By Stephen Nellis / Friday, January 10th, 2014 / Central Coast, Real Estate, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on $114M slated to fuel Santa Maria Energy operations
Santa Maria Energy has disclosed plans to pump up to $114 million into Santa Barbara County this year as it pursues its $1.2 billion in oil reserves and more than 7,700 potential drilling locations.