Funk Zone the new ‘700 Club’ as CRE investors pay premiums
Four properties in the area fetched a whopping $700 per square foot when they recently changed hands.
Remodels abound as South Coast hotels focus on keeping up appearances
The area has seen a boom in hotel remodels and renovations recently, with upgrades to Hotel Santa Barbara and Fess Parker’s DoubleTree Resort, among others.
New capital injection brings Suneva Medical total to $70.5M
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.
Software, squared: ProductPlan makes tools for software product managers
It’s a low-cost, simple-to-use Web application for making and sharing product road maps, keeping everyone on the same page.
Armstrong lands construction contract for Children’s Museum
Construction on a 17,000-square-foot Children’s Museum in Santa Barbara kicks off this summer. Area general contractor Armstrong Associates has been tapped to build the new museum at 125 State St., adjacent to the train station.
Invoca calls up $20M: Fast-growing tech firm to double work force
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.
