August 13, 2022
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In ‘transition year,’ Procore reports growth in both revenue and net losses

By   /  Tuesday, February 22nd, 2022  /  Banking & Finance, Earnings, Latest news, middle, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on In ‘transition year,’ Procore reports growth in both revenue and net losses

Carpinteria-based Procore Technologies moved up from No. 880 last year to No. 697 this year. (Nik Blaskovich)

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Trade Desk breaks billion-dollar mark in annual revenue, beats expectations for Q4

By   /  Wednesday, February 16th, 2022  /  Banking & Finance, Earnings, Latest news, middle, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Trade Desk breaks billion-dollar mark in annual revenue, beats expectations for Q4

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Goleta 5G filter company Resonant sold to Japanese firm at big premium

By   /  Tuesday, February 15th, 2022  /  Banking & Finance, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Goleta 5G filter company Resonant sold to Japanese firm at big premium

Resonant, a developer of radio frequency filters with a focus on 5G cellular devices, is being acquired by Murata Electronics North America, a subsidiary of the Japanese company Murata Manufacturing, for $295 million in cash. Resonant moved its headquarters from Goleta to Austin, Texas, a little over a year ago, but still has its main Read More →

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Attorney in UCSB case will lead Nixon Peabody IP team

By   /  Tuesday, February 15th, 2022  /  Higher Education, Latest news, Law & Goverment, Technology  /  Comments Off on Attorney in UCSB case will lead Nixon Peabody IP team

Nixon Peabody, the global law firm representing UC Santa Barbara in its LED patent lawsuit against major retailers, has named Seth Levy, the lead Peabody attorney for UCSB, to lead the firm’s intellectual property practice. Levy, who has been with the law firm since 2012 and is a partner in its Los Angeles office, will Read More →

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Energy Vault shares drop 19% in first day on NYSE

By   /  Monday, February 14th, 2022  /  Banking & Finance, East Ventura County, Energy, Green Coast, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Energy Vault shares drop 19% in first day on NYSE

Westlake-Village based Energy Vault began trading on the New York Stock Exchange at the opening bell on Feb. 14, but its shares struggled, dropping 18.7% on the first day as the market as a whole was down slightly. Energy Vault, which uses a gravity-based system to store and release energy generated by renewable sources, began Read More →

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Transphorm reports higher revenue, smaller losses as it pursues Nasdaq listing

By   /  Monday, February 14th, 2022  /  Banking & Finance, Earnings, Latest news, South Coast, Subscriber content, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Transphorm reports higher revenue, smaller losses as it pursues Nasdaq listing

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Energy Vault prepares to start trading on NYSE

By   /  Friday, February 11th, 2022  /  Banking & Finance, East Ventura County, Energy, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Energy Vault prepares to start trading on NYSE

Westlake Village-based Energy Vault will begin trading on the New York Stock Exchange the morning of Feb. 14, the company announced Feb. 11. Energy Vault, which uses a gravity-based system to store and release energy generated by renewable sources, announced plans in September to go public through a merger with Novus Capital Corp. II, a Read More →