Staff Report | Monday, June 29th, 2015
Banking & Finance,
Banking Industry,
Central Coast,
Latest news,
Top Stories,
Tri-County Economy Veteran community banker James W. Lokey has been appointed to the board of Community West Bancshares, bringing a veteran dealmaker into the Community West ranks and strengthening the Goleta-based bank’s push into San Luis Obispo County. Lokey, a resident of SLO County, was the longtime CEO of Mid-State Bank & Trust and negotiated that bank’s Read More →
Staff Report | Thursday, June 25th, 2015
East Ventura County,
Latest news,
Technology Westlake Village-based Qualstar Corp., a manufacturer of data and archive storage solutions and high efficiency power supplies, released the Qualstar Q1 on Thursday. The Qualstar Q1 is a archive solution to transfer and archive data. Qualstar describes the product as a cost effective solution for people who want to restore archives or review data. The Read More →
Staff Report | Thursday, June 25th, 2015
Energy,
Latest news,
Law & Goverment,
South Coast,
Top Stories,
Tourism Litigation over the May 19 Plains All American Pipeline spill off the Gaviota Coast gained a powerful combatant on June 24 when former Santa Barbara City Attorney Barry Cappello said he’d filed a class action lawsuit on behalf of 3,000 property owners from Point Conception to the Mexico border. Capello’s lawsuit comes as tar balls Read More →
Staff Report | Wednesday, June 24th, 2015
Latest news,
Real Estate,
South Coast,
Top Stories Santa 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
Latest news,
Small Business,
Top Stories Ontraport, 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
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 →
Staff Report | Friday, June 19th, 2015
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 →
