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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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DenMat drills down on growth strategy in Lompoc

By   /  Friday, February 28th, 2014  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on DenMat drills down on growth strategy in Lompoc

DenMat has acquired most of the dental assets of Fort Collins, Co.-based Zila and will move those operations to its Lompoc headquarters, adding more warehouse space and ramping up hiring in sales, marketing and manufacturing.

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Crossroads Center developer sues Best Buy over growth plans

By   /  Friday, February 28th, 2014  /  Central Coast, Law & Goverment, Real Estate, Tri-County Economy  /  Comments Off on Crossroads Center developer sues Best Buy over growth plans

In a suit filed last month in Santa Barbara County Superior Court, developer Santa Maria Associates 101 is suing Best Buy Stores and asking a court to affirm its rights to develop new pads in the center, which is located at Highway 101 and East Betteravia Road.

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American Airlines to stop flying to LAX from SBA

By   /  Thursday, February 27th, 2014  /  South Coast, Tourism, Tri-County Economy  /  Comments Off on American Airlines to stop flying to LAX from SBA

American Airlines will no longer offer service to Los Angeles from the Santa Barbara Airport starting April 1. The change is due to a nationwide restructuring of the airline’s routes, according to a Feb. 26 announcement.

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CLU receives $4.7M scholarship endowment

By   /  Tuesday, February 25th, 2014  /  East Ventura County, Nonprofits, Tri-County Economy  /  Comments Off on CLU receives $4.7M scholarship endowment

California Lutheran University in Thousand Oaks has received its largest-ever scholarship donation, a $4.7 million estate gift from a Pacific Palisades educator, the university said Feb. 25.

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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.