State Sen. Hannah-Beth Jackson, D-Santa Barbara, has introduced a bill that would sharply limit the information that online sellers can gather and keep when customers use a credit card to pay for a transaction. The bill, SB 383, is designed to address the outcome of the California Supreme Court decision earlier this year in Apple Read More →
Santa Barbara-based e-commerce company FastSpring has potentially received as much as $12.4 million in venture capital and has plans to boost hiring in the region. FastSpring, which was founded in 2005, saw its revenue reach $95 million last year. Despite having topped the Business Times’ list of fastest-growing companies and ranking high on national and Read More →
San Luis Obispo-based e-commerce firm Shopatron has closed a $4 million credit facility with Multiplier Capital, a venture debt fund. Founded in 2001, Shopatron makes an e-commerce system that lets branded manufacturers sell products directly from their websites and fulfill the order through a dealer near the customer via delivery or in-store pickup. While large Read More →
