Anchore completes $5 million funding round
Updated at 9:15 a.m. Oct. 5 Santa Barbara startup Anchore completed a $5 million funding round, the company announced Oct. 4. Serial entrepreneur Saïd Ziouani launched the company April 6. It provides a portal for software containers used in IT software app development by software developers and system administration teams. The company was founded with Read More →
Kmart sued for violating UCSB patent on LED bulbs
A South Korean semiconductor company recently sued Kmart for allegedly violating a UC Santa Barbara professor’s patent on LED light bulbs. Seoul Semiconductor sued Kmart Corp. in federal court in Los Angeles Sept. 9 for allegedly violating several patents, including one owned by UCSB Professor Shuji Nakamura. The lawsuit accuses Kmart of making, using, importing Read More →
The Trade Desk rockets to $1 billion after IPO
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MIT Enterprise Forum discusses pros, cons of AI
Regional business leaders explored artificial intelligence and its possible impacts on society and businesses at the latest event held by the MIT Enterprise Forum of the Central Coast Speakers said that while machines are decades or centuries away from developing consciousness, machines have the power to refine education, car driving and other things that humans Read More →
The Trade Desk prices shares at $18 and IPO raises $84 million
Shares of Ventura-based digital marketing firm The Trade Desk priced at $18 per share Sept. 20, at the high end of its price range. As of 9:30 a.m. PST, shares of The Trade Desk’s Class A common stock were trading at $29.17. By pricing at the high end of its price range, The Trade Desk Read More →
The Trade Desk increases share price range for IPO
Ventura-based digital marketing firm The Trade Desk increased the price range it expects to sell its shares for when the company holds its initial public offering. In documents filed with the Securities and Exchange Commission Sept. 22, The Trade Desk increased its pricing point to between $16 and $18 per share and expects to sell Read More →
Vandenberg rocket launch delayed again
An earth observation satellite sitting atop an Atlas V rocket at Vandenberg Air Force Base has had its launch delayed again, this time because of a nearby wildfire. The WorldView 4 earth observation satellite was scheduled to launch from Vandenberg Space Launch Complex 3 at 11:30 a.m. Sept. 18, but the launch was scrubbed because Read More →
