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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 / Banking & Finance, South Coast, Top Stories / Comments Off on Deckers shares plunge with predicted Q1 loss
Shares of Deckers Outdoor Corp. were down sharply in after-hours trading Feb. 27 as the company predicted a loss for this year’s first quarter of 16 cents per share compared to a 10-cent-per-share profit expected by Wall Street.
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By Staff Report / Thursday, February 27th, 2014 / Central Coast, Latest news, Tourism / Comments Off on Film productions reel in $4.1M for SLO County
Film production in San Luis Obispo County is on a roll, creating an estimated $4.1 million economic impact last year over 183 filming days. Notable credits include ABC’s “The Taste” and a slew of car commercials.