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By Stephen Nellis / 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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By Erika Martin / Friday, February 28th, 2014 / Small Business, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Freezing out the competition: Australian frozen yogurt brand makes global push from Ventura
Australians Angus Murray and Michael Taylor have set up a California outpost for Foxy’s Frozen Yogurt in a bid to beat the Golden State at its own game.
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By Stephen Nellis / 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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By Marlize van Romburgh / 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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By Marlize van Romburgh / 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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By Staff Report / 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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By Staff Report / 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.