Staff Report | Wednesday, June 24th, 2015
Carpinteria office campus sale largest deal this year
Latest news, Real Estate, South Coast, Top StoriesSanta Monica-based Montana Avenue Capital Partners purchased the 118,394-square-foot oceanfront office campus at 6303-6309 Carpinteria Ave. in Carpinteria in a record setting deal, according to brokers who worked on the deal. The sale price was not disclosed, although the property was listed for $32.5 million. Francois DeJohn and Steve Hayes of Hayes Commercial Group represented Read More →
Staff Report | Wednesday, June 24th, 2015
Santa Barbara-based Ontraport named great place for millennials to work
Latest news, Small Business, Top StoriesOntraport, a Santa Barbara-based small businesses management and marketing company, made the Fortune Magazine and Great Places to Work “100 Best Companies for Millennials” list. Ontraport is ranked No. 81 on the list, which looks at what millennials value most when finding a workplace. Respondents to Fortune’s survey said they desire open communication, collaboration, and Read More →
Staff Report | Tuesday, June 23rd, 2015
Goleta-based Transphorm gets $70M investment
Banking & Finance, Latest news, Technology, Top StoriesGoleta-based Transphorm has received a $70 million investment. Transphorm, an early stage semi-conductor company focused on creating ways to convert electricity more efficiently, announced the investment Monday, which was led by global investment firm KKR. Transphorm will use the money to fund product innovation and expansion projects. “By merging the technological leadership of Transphorm with Read More →
Staff Report | Friday, June 19th, 2015
Westlake Village’s Cynvenio Biosystems raises $25.5 million in equity financing
Banking & Finance, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura CountyWestlake Village-based Cynvenio Biosystems raised $25.5 million in Series B equity financing Wednesday. Cynvenio’s LiquidBiopsy technology allows doctors to access populations of rare cancer cells in whole blood. At the same time, it allows doctors to analyze complex characteristics of cancers in a single blood sample. The investment was led by Livzon Pharmaceutical Group, which Read More →
Staff Report | Friday, June 19th, 2015
San Luis Obispo’s REC Solar acquires Stellar Energy
Central Coast, Latest news, Top Stories, Tri-County Economy, Tri-County Public CompaniesREC Solar acquired Stellar Energy from Stellar’s parent company Soligent Holdings on Wednesday in an asset purchase agreement. San Luis Obispo-based REC Solar will add 62 current solar projects and 60 megawatts to its portfolio with the acquisition of Stellar Energy, the leading solar provider in the West. “We are excited about the breadth of Read More →
Staff Report | Friday, June 19th, 2015
MindBody IPO raises $101 million
Banking & Finance, Central Coast, Latest news, Top Stories, Tri-County Economy, Tri-County Public CompaniesSan Luis Obispo’s first initial public offering in years for a non-bank company went off without a hitch on June 19 when MindBody raised slightly more than $101 million. MindBody, which develops software and provides merchant processing for yoga studios and fitness clubs, sold 7.2 million shares of stock at $14 per share Read More →
Staff Report | Friday, June 19th, 2015
Cal Poly San Luis Obispo’s HotHouse gets $200K
Central Coast, Latest news, Technology, Top Stories, Tri-County EconomyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.