May 19, 2024

		


| Tuesday, April 8th, 2014

Invoca garners Salesforce.com investment, rolls out new technology

South Coast, Technology, Top Stories, Tri-County Economy

Santa Barbara-based inbound call technology firm Invoca has added Salesforce.com to its investor roster and released a new voice intelligence technology to help its customers decode incoming calls. Invoca’s software lets marketers generate unique phone numbers for campaigns and then route and track the calls and sales that result. The company has raised more than Read More →

| Monday, April 7th, 2014

Business Times to induct Dave Power into Hall of Fame

Tri-County Economy

Auto industry legend J.D. “Dave” Power III, co-founder of J.D. Power & Associates, will become the ninth member of the Pacific Coast Business Times’ regional Business Hall of Fame. Power and the rankings produced by the firm he founded, Westlake Village-based J.D. Power & Associates, have been hugely influential on the auto industry. Power’s pioneering Read More →

The 13,800-square-foot retail center at 1046 Coast Village Road in Montecito has been purchased by a local couple for $14.5 million. (Photo courtesy of Radius Commercial Real Estate & Investments)

| Monday, April 7th, 2014

Montecito’s Starbucks center sells for $14.5M

Real Estate, South Coast, Top Stories, Tri-County Economy

  The Starbucks-anchored retail center at 1046 Coast Village Road in Montecito has been sold to a local couple for $14.5 million. Montecito residents Deborah and James Longo purchased the 13,800-square-foot property in an off-market deal, according to Radius Commercial Real Estate & Investments. Along with the coffee shop, the other long-term tenants at the Read More →

| Monday, April 7th, 2014

Lynda.com buys coding platform

Technology, Top Stories

Carpinteria-based online learning company Lynda.com has purchased Compilr, a Canadian firm that runs a cloud-based platform for programmers to write and test code. Terms of the deal were not announced, but TechCrunch said people close to the transaction valued it at around $20 million. Last year, Lynda.com raised $103 million in its first round of Read More →

| Thursday, April 3rd, 2014

Irrigation technology firm raises $3.5M

Agribusiness, Central Coast, Technology, Top Stories

San Luis Obispo-based Hortau, a company that makes cloud-based irrigation control systems for farmers, has raised $3.5 million in financing from Avrio Capital.

| Thursday, April 3rd, 2014

Ventura surgical products firm wins $30M trademark verdict

Law & Goverment, Technology, Top Stories, Tri-County Economy, West Ventura County

A Ventura-based surgical products company won a $30 million jury verdict today in a trademark infringement lawsuit. The verdict is the second attempt at a decision for Neurovision Medical Products, which sued San Diego-based medical device firm NuVasive in 2009. Neurovision alleged that NuVasive willfully infringed on the Ventura company’s “Neurovision” trademark. A jury in Read More →

| Thursday, April 3rd, 2014

Amgen pays $290M to exit osteoporosis drug deal

Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Public Companies

Amgen will pay $290 million to end its collaboration with British drugmaker GlaxoSmithKline to commercialize the osteoporosis drug denosumab in certain markets outside the U.S.