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Conversant to sell for $2.3B, Eucalyptus acquired by HP

By   /  Thursday, September 11th, 2014  /  Latest news, Technology, Top Stories  /  1 Comment

In what could be the region’s biggest-ever day for tech deals, Westlake Village-based Conversant said it will be sold to Dallas-based Alliance Data Systems in a deal valued at $2.3 billion, and Santa Barbara-based Eucalyptus Systems said it will be bought by HP.

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Transphorm secures GaN patents

By   /  Thursday, September 4th, 2014  /  Latest news, South Coast, Technology  /  Comments Off on Transphorm secures GaN patents

Goleta-based Transphorm, an energy-efficiency company spun out of UC Santa Barbara, said it has been granted two patents that it believes could cover as much as 60 percent of its target market in power-conversion electronics.

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Op/ed: Top 10 investor presentation tips you can take to the bank

By   /  Friday, August 29th, 2014  /  Op/Eds, Opinion  /  Comments Off on Op/ed: Top 10 investor presentation tips you can take to the bank

By Klara Bergman The Tri-Counties has never seen such a robust environment for startups. Spanning multiple industries, ranging from software and clean tech, to food products and new restaurant concepts, dozens of innovative early-stage companies in the region are making noise — and thriving. They’re also seeking one important ingredient to success:  funding. According to Read More →

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IQMS readies for big leagues with first outside investment

By   /  Friday, August 22nd, 2014  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on IQMS readies for big leagues with first outside investment

Paso Robles-based software firm IQMS has taken an outside investment for the first time in its 25-year history, raising an undisclosed sum from the same financiers who have backed Facebook, Expedia and Netflix. The company said Aug. 19 that Technology Crossover Ventures led the funding round with Banneker Partners participating. The terms of the deal Read More →

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IQMS taps venture heavyweights for capital infusion

By   /  Tuesday, August 19th, 2014  /  Banking & Finance, Latest news, Technology, Top Stories  /  Comments Off on IQMS taps venture heavyweights for capital infusion

Paso Robles-based software firm IQMS has taken an outside investment for the first time in its 25-year history, raising an undisclosed sum from the same financiers who have backed Faceook, Expedia and Netflix. The company said Aug. 19 that Technology Crossover Ventures led the funding round with Banneker Partners participating. The terms of the deal Read More →

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Inogen gets FDA approval for at-home oxygen device

By   /  Tuesday, June 24th, 2014  /  Health Care & Life Science, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Inogen gets FDA approval for at-home oxygen device

Goleta-based Inogen said it has received approval from the U.S. Food and Drug Administration to sell a stationary oxygen concentrator.

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Procore Technologies raises $15M from Bessemer

By   /  Wednesday, June 11th, 2014  /  Latest news, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Procore Technologies raises $15M from Bessemer

Carpinteria-based Procore Technologies, company that makes cloud-based construction management software, has raised $15 million from the same Silicon Valley investors that have backed Yelp, LinkedIn and Skype.