Ty Warner avoids prison time for tax evasion
By Staff Report / Tuesday, January 14th, 2014 / Latest news, Law & Goverment, South Coast, Top Stories, Tourism / Comments Off on Ty Warner avoids prison time for tax evasion
Toy magnate and Santa Barbara hotelier Ty Warner has avoided prison time, instead landing probation and community service at a Jan. 14 court hearing in Chicago.
Heritage Oaks CFO resigns
By Staff Report / Tuesday, January 14th, 2014 / Banking & Finance, Banking Industry, Central Coast, Top Stories / Comments Off on Heritage Oaks CFO resigns
Mark Olson has resigned from his position as chief financial officer and executive vice president at Paso Robles-based Heritage Oaks Bancorp, tied as the largest bank based in the region with about $1.2 billion in assets.
Suneva Medical raises $35M for skin treatments
By Staff Report / Friday, January 10th, 2014 / Health Care & Life Science, South Coast, Technology, Top Stories / Comments Off on Suneva Medical raises $35M for skin treatments
Suneva Medical, a San Diego aesthetics company with executive offices in Santa Barbara, has raised $35 million in debt and equity financing, bringing its total funding to $70.5 million over the past two years.
Atara Biotherapeutics funding round hits $52M
By Staff Report / Friday, January 10th, 2014 / East Ventura County, Latest news, Technology, Top Stories / Comments Off on Atara Biotherapeutics funding round hits $52M
Thousand Oaks-based Atara Biotherapeutics has brought on more investors to its second financing round, bringing the total raised to $52 million.
$114M slated to fuel Santa Maria Energy operations
By Stephen Nellis / Friday, January 10th, 2014 / Central Coast, Real Estate, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on $114M slated to fuel Santa Maria Energy operations
Santa Maria Energy has disclosed plans to pump up to $114 million into Santa Barbara County this year as it pursues its $1.2 billion in oil reserves and more than 7,700 potential drilling locations.
Dressed to the canines: PetPaint opts for loan over ‘Shark Tank’
By Erika Martin / Friday, January 10th, 2014 / Features, Small Business, West Ventura County / Comments Off on Dressed to the canines: PetPaint opts for loan over ‘Shark Tank’

Abe Geary passed up a funding offer from “Shark Tank” that would have turned over a 60 percent equity stake in the company, to direct its development personally.

TekTegrity buy caps IT industry consolidation
By Stephen Nellis / Friday, January 10th, 2014 / Central Coast, Technology, Top Stories / Comments Off on TekTegrity buy caps IT industry consolidation
San Luis Obispo-based TekTegrity has acquired Digital Foundation, continuing a wave of consolidation in the Central Coast IT services industry.