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.
Richard Sanford, free of a crushing debt burden, says he is excited about the future of Alma Rosa Winery and Vineyards and his role there, even though he has lost ownership.
Movegreen is growing at a rapid clip and plans to start driving its biodiesel-powered moving vans down the coast in an expansion spree. The company has built a business by providing environmentally friendly moving and storage service along the South Coast.
Santa Barbara-based Adventures in Caring has taught thousands of future and practicing health-care professionals to provide compassion to their patients.
Santa Barbara City Council members declared a Stage One drought on Feb. 11, calling on residents and businesses to reduce water use by 20 percent.
Customers of the State Water Project will not receive any water deliveries this year if current dry conditions persist, a cutback that could be troublesome for certain tri-county cities.