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You are here:  Home  >  Articles by Stephen Nellis  -  Page 19
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Quantifying success: New fund to invest in data companies

By   /  Friday, March 7th, 2014  /  Technology, Top Stories  /  Comments Off on Quantifying success: New fund to invest in data companies

From left, Fund Manager Herb Tews, DJ Wetmore of Self Echo, Fund Director Jacques Habra and lead investor and adviser Patrick Steele of the Noospheric Quantified Fund. The fund hopes to raise up to $50 million to invest in niche data companies. (Stephen Nellis / Business Times photo)

A group of Santa Barbara entrepreneurs is looking to raise as much as $50 million for an investment fund that would finance dozens of little big-data startups.

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German entrepreneur tunes into hearing loops with Otojoy

By   /  Friday, March 7th, 2014  /  Columns, Technology  /  Comments Off on German entrepreneur tunes into hearing loops with Otojoy

A Santa Barbara entrepreneur is hoping to make life in public places a little easier for people with hearing loss. Otojoy installs hearing loops, which take audio signals from sound systems and then transmit them electromagnetically to be picked up by a special feature found in most hearing aids.

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Semtech meets Street expectations after layoffs

By   /  Wednesday, March 5th, 2014  /  Earnings, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Semtech meets Street expectations after layoffs

Camarillo-based Semtech Corp. delivered earnings on par with Wall Street expectations on March 5, holding its forecast steady as it deals with the costs of laying off 6 percent of its workforce and navigating a rough patch amid several years of growth.

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$50M infusion sets stage for Mindbody IPO

By   /  Friday, February 28th, 2014  /  Banking & Finance, Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on $50M infusion sets stage for Mindbody IPO

San Luis Obispo-based software firm Mindbody has raised $50 million in fresh venture capital, bringing its total funds raised to date to $98 million and positioning the company for a possible initial public offering this year or next.

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Investors place bets on Ventura advertising tech firms

By   /  Friday, February 28th, 2014  /  Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Investors place bets on Ventura advertising tech firms

In a major week for advertising technology firms in Ventura, The Trade Desk has raised $20 million in a second venture capital round and Connexity has been acquired by Los Angeles-based Shopzilla.

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Venture capital raises at Goleta firms Transphorm and Tyrian top $23M

By   /  Friday, February 21st, 2014  /  Green Coast, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Venture capital raises at Goleta firms Transphorm and Tyrian top $23M

Transphorm, a maker of energy-efficient electronic components, has raised $15 million in additional capital related to its recent partnership with Fujitsu Ltd. of Japan. Tyrian Systems, a firm founded by a pair of longtime infrared sensor entrepreneurs to commercialize thermal vision technology, has raised an $8.3 million Series B investment.

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Nipomo oil refinery fight bubbles over

By   /  Friday, February 21st, 2014  /  Central Coast, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Nipomo oil refinery fight bubbles over

A fight over expansion at an oil refinery near Nipomo has taken shape, with the source of new oil and a potential clash between federal and county regulation of railroads emerging as key issues.

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