Invoca raises $30 million from investors
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Munger pledges $200M for UCSB student housing
A Montecito-based philanthropist pledged at least $200 million to build new student housing on the UC Santa Barbara campus and possibly create a new model for the entire UC system. Charles Munger, the 92-year-old vice chairman of Berkshire Hathaway, presented his plan at a recent UC Board of Regents meeting to replace existing dorms on Read More →
Art teacher sues SBCC for wrongful termination
A former Santa Barbara City College art teacher has sued the school for wrongful termination, claiming that the department is “ushering out an old era,” but some of his assertions do not check out based on Business Times research. William Durham filed a suit in Santa Barbara Superior Court on March 23. The former 20-year Read More →
America has misguided history of taxation
By David Newton Do you know the full story of the misguided history of taxation in the U.S.? My book, “The Misguided History of American Taxes,” examines: • The origin – when did each tax start? • The rationale – why was it started? • The madness – how did it ever end up so Read More →
Yardi Leasing Space at The Collection
Yardi Systems, a Santa Barbara-based company that develops software and apps for small and large real estate managers, will open an office at The Collection in Oxnard. Yardi Systems employs about 4,800 employees worldwide. Yardi will lease 28,887 square feet of space on Park View Court in Oxnard occupying two floors in the building. “The Read More →
Santa Barbara’s Invoca raises $30 million
Invoca, a Santa Barbara-based call intelligence company, raised $30 million in its latest funding round the company announced March 30. The Series D funding round was led by new partner Morgan Stanley Alternative Investment Partners as well as existing partners Accel Partners, Upfront Ventures, Santa Barbara’s Rincon Venture Partners and Stepstone. Invoca has now raised Read More →
Tri-Counties entering new Frontier
The Tri-Counties are about to feel the effects of consolidation in the cable and telecom industries. On April 1, Frontier Communications will begin operating broadband, television and landline services formerly owned by Verizon Communications. Even as Frontier acquires Verizon customers and employees, Charter Communications and Time Warner Cable hope to complete a merger that could Read More →
