Invoca joins unicorn club with new capital raise
By Jorge Mercado / Wednesday, June 15th, 2022 / Latest news, middle, Regions, Santa Barbara County, Subscriber content, Technology, Top Stories / Comments Off on Invoca joins unicorn club with new capital raise
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Two recent capital raises put spotlight on cybersecurity
By Jorge Mercado / Friday, April 1st, 2022 / Latest news, Regions, Santa Barbara County, Startups, Subscriber content, Technology, Top Stories / Comments Off on Two recent capital raises put spotlight on cybersecurity
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Two Santa Barbara tech firms raise combined $95M in venture capital
By Jorge Mercado / Wednesday, March 23rd, 2022 / Latest news, Regions, Santa Barbara County, Startups, Technology, Top Stories / Comments Off on Two Santa Barbara tech firms raise combined $95M in venture capital
Two Santa Barbara software companies announced Series B Funding rounds on March 23, each in the neighborhood of $50 million. MixMode, a cyber defense company, raised $45 million in Series B funding, led by PSG, a growth equity firm partnering with middle-market software and technology-enabled service companies, with additional participation from an existing investor, Santa Read More →
In ‘transition year,’ Procore reports growth in both revenue and net losses
By Jorge Mercado / Tuesday, February 22nd, 2022 / Banking & Finance, Earnings, Latest news, middle, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on In ‘transition year,’ Procore reports growth in both revenue and net losses
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ParentSquare takes its school-tech platform nationwide
By Jorge Mercado / Friday, October 8th, 2021 / Higher Education, Latest news, South Coast, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy / Comments Off on ParentSquare takes its school-tech platform nationwide
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Procore makes its biggest acquisition yet
By Jorge Mercado / Thursday, September 23rd, 2021 / Banking & Finance, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Procore makes its biggest acquisition yet
Procore Technologies announced its first acquisition since going public in May, and it’s the largest one in company history. The Carpinteria-based construction software company said on Sept. 22 that it is purchasing Levelset, a New Orleans-based construction software company, for $500 million: $425 million in cash and $75 million in the form of Procore common Read More →
Impact raises $150M, plans 2022 IPO
By Jorge Mercado / Tuesday, July 13th, 2021 / Latest news, middle, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Impact raises $150M, plans 2022 IPO
Note: This article was updated July 15 to include an interview with Impact’s CEO. Impact Technologies, a cloud software company based in Santa Barbara, announced a $150 million round of venture capital funding on July 13 and is planning an initial public offering in early 2022, CEO David Yovanno told the Business Times. With the Read More →