Small speaker is a big move for Sonos
The newest speaker from Sonos, Roam, made its debut April 20 and has the potential to help the Santa Barbara smart-speaker company grow in 2021 and beyond. Roam is Sonos’ first attempt into breaking into the portable Bluetooth speaker market, a market that is expected to see an annual growth rate of 11.71% from 2019 Read More →
Business Times Hall of Fame: UCSB Chancellor Henry Yang
Editor’s note: Henry Yang, the chancellor of UC Santa Barbara since 1994, is this year’s entry into the Pacific Coast Business Times tri-county business Hall of Fame. He will be honored in a virtual event on May 20. Register for the event here and check out the entire Hall of Fame special section here. He’s Read More →
Opinion: Doors are open at Ventura County hotels
By Victor Dollar After more than a year of restrictions, California’s tourism sector reopens for small gatherings, meetings and events this month — the first step on the state’s journey to economic recovery. Gov. Gavin Newsom’s “Blueprint for a Safer Economy” and “Beyond the Blueprint for a Safer Economy” lays out the COVID-19 safety requirements Read More →
Community Bank of Santa Maria reports income decline, asset growth
Community Bancorp of Santa Maria saw its net income decline from the first quarter of 2020 to the first quarter of 2021, even though other financial measures soared year-over-year. The bank’s net income declined 7.2%, going from $609,521 to $565,683 in a year’s time, but during the same time total assets grew almost 37%, the Read More →
PureSpectrum closes $17M funding round
PureSpectrum, an online market research company based in Westlake Village, recently secured $17 million in Series B funding from Arthur Ventures, a Minneapolis-based growth equity firm. The company connects researchers with online survey respondents. It grew out of Hub101, California Lutheran University’s entrepreneurial coworking space, and in the five years since it was created has Read More →
‘A flawless flight’ for AeroVironment’s Mars drone
Ingenuity, a helicopter drone developed by Simi Valley-based AeroVironment, made history early in the morning of April 19, becoming the first man-made aircraft to fly on another planet, according to the National Aeronautics and Space Administration. “Goosebumps,” MiMi Aung, NASA’s project manager for Ingenuity, said during a press conference while looking at a video of Read More →
PCH mudslide area to reopen this week
Caltrans announced that Highway 1 at in Big Sur is reopening April 23 at noon, even sooner than the agency had previously expected. The new opening is a week ahead of what was previously announced, and months ahead of what the agency originally estimated. Pacific Coast Highway has been fully closed near Rat Creek, north Read More →
