Santa Barbara’s LogicMonitor gets $130 million investment
A fast-growing Santa Barbara IT firm has hit it big with a $130 million capital raise. LogicMonitor, headquartered at two offices in Santa Barbara, said Providence, R.I.,-based Providence Equity Partners invested $130 million in the IT service firm June 16. Steve Francis created the cloud-based service in 2008 that allows businesses or IT departments to Read More →
American Riviera Bank expands into former home of Bank of Santa Barbara
Santa Barbara-based American Riviera Bank expanded its residential lending department into new office space at 18 E. Figueroa St. in downtown Santa Barbara, President and CEO Jeff DeVine announced on June 13. The space was formerly home to the Bank of Santa Barbara, which was acquired in January by American Riviera in an all-stock deal Read More →
Details emerge of Melchiori’s felony charges, civil lawsuits
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Impact Radius gets $30 million investment
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Biasotti: New SBCC president faces challenge of success
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Fraud charges cap sad demise of Melchiori
It was an iconic company among general contractors and its rise marked a pivot point in Santa Barbara’s emergence as a hub for tourism and technology in the 1990s. Ugo Melchiori, an immigrant from Northern Italy, turned skills as a craftsman into a business that, beginning in the late 1980s, was nearly as powerful as Read More →
Plains’ request to seal oil spill transcripts opposed
Prosecutors have filed opposing motions to Plains All American Pipeline’s request to seal the transcripts of its indictment from the Refugio oil spill. The motion claims that Plains did not give the public sufficient time — at least 10 days before the June 2 hearing date — for the public to process the request. Grand Read More →
