Westlake Village-based online advertising firm ValueClick is selling its owned-and-operated websites to the parent company of Dictionary.com, Match.com, Ask.com and About.com. The aggregate purchase price was $80 million, according to a regulatory filing.Read More →
Goleta-based Inogen, a maker of portable oxygen concentrators founded by UC Santa Barbara students, has filed for an initial public offering to raise up to $86.2 million. While many successful companies have been spun out of UCSB by professors and doctoral students, Inogen would likely be the first company founded by an undergraduate team to go public. Inogen won the program’s very first business plan competition in 2001.Read More →
This year, consider giving a consumer electronics gift from one of these 10 tri-county companies. While not all of the gizmos are made here, the design, engineering, marketing and most of the other important parts of the business are right in our backyard.Read More →
A six-week program that helped more than 450 middle and high school students in Ventura learn about entrepreneurship and craft business plans will culminate in a final pitch competition on Dec. 11.
The Aspire3 program was masterminded by Sean Bhardwaj, the operations director for the Ventura Ventures Technology Center, the public-private partnership incubator behind City Hall that is home to fast-growing firms such as the Trade Desk, Connexity and Netplenish. Bhardwaj put the program together with all volunteers with sponsorship support from the Ventura Chamber of Commerce, Southern California Edison and Synergy.Read More →
Transphorm, the Goleta-based energy efficiency chipmaker spun out of UC Santa Barbara that has raised $110 million in venture capital, is partnering with Tokyo electronics giant and one-time rival Fujitsu Ltd. to create a new company in Japan.Read More →
Cal Poly San Luis Obispo continues to pump out student startups at a steady rate, with a new expense-splitting app for roommates and textbook reselling service both gaining traction on launch.Read More →
UC Santa Barbara said Dec. 5 that the U.S. Army has renewed its contract with the university’s Institute for Collaborative Biotechnologies, providing an additional $48 million over three years to support biology-related research.
The new funds extend a decade of unclassified research in areas such as biotechnology tools, futuristic materials, energy generation and storage, systems and synthetic biology and neuroscience.Read More →