By Valeria Makarova Since the concept of sustainable development was introduced back in the 1980s, corporations from various industries have been dealing with ever-increasing pressure to address stakeholder social needs and their environmental footprints. The traditional “business as usual” model — pursuing the business imperative goal of profit maximization while ignoring negative social and environmental Read More →
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Santa Barbara-based manufacturing software provider QAD reported a $2.6 million net loss for the fiscal first quarter 2018, ended April 30. Revenues grew 9.1 percent compared to the same period the previous year to $71.4 million, despite a $1.2 million impact from currency. This was primarily driven by a 34 percent increase in subscription revenue Read More →
Ticketing platform software company Cryptix took home the $10,000 top prize at the UC Santa Barbara New Venture Competition on May 24. Hosted by the school’s Technology Management Program, the competition is the origin of such Santa Barbara companies as Inogen, Apeel Sciences, TrackR, Salty Girl Seafood and others. All of the participants walked away Read More →
San Luis Obispo-based MindBody announced a follow-on stock offering May 22 that would raise around $120 million for the company. The wellness-oriented software company plans to offer 4.4 million shares of Class A common stock, with options for underwriters to purchase an additional 660,000 shares. MindBody’s share price fell 5 cents following the announcement, ending Read More →
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.