May 2, 2024

		


| Tuesday, June 23rd, 2015

Goleta-based Transphorm gets $70M investment

Banking & Finance, Latest news, Technology, Top Stories

Goleta-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 →

| 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 County

Westlake 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 →

| 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 Companies

REC 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 →

| Friday, June 19th, 2015

MindBody IPO raises $101 million

Banking & Finance, Central Coast, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies

    San 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 →

| Friday, June 19th, 2015

Cal Poly San Luis Obispo’s HotHouse gets $200K

Central Coast, Latest news, Technology, Top Stories, Tri-County Economy

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| Wednesday, June 17th, 2015

Allergan buying Westlake Village-based Kythera Biopharmaceuticals Inc.

East Ventura County, Latest news, Top Stories, Tri-County Public Companies

Just a few months after it shut a Santa Barbara facility, Botox-maker Allergan has re-entered the Tri-Counties, agreeing to buy Kythera Biopharmaceuticals Inc. for about $2.1 billion. The deal will add the Westlake Village-based Kythera’s treatments for double chins and male pattern baldness to Allergan’s existing line of products, including a breast implant operation formerly Read More →

| Monday, June 15th, 2015

Saks Fifth Avenue OFF 5TH to open in Saks Fifth Avenue Santa Barbara

Latest news, Top Stories

Hudson’s Bay Company plans to renovate and convert its Saks Fifth Avenue store in Santa Barbara to the Saks Fifth Avenue OFF 5TH format within the same location. The conversion is expected be completed by October after existing merchandise is sent to nearby Saks Fifth Avenue stores. “This is a strategic decision to optimize the Read More →