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Santa Barbara’s LogicMonitor gets $130 million investment

By   /  Thursday, June 16th, 2016  /  Latest news, Technology  /  Comments Off on Santa Barbara’s LogicMonitor gets $130 million investment

A fast-growing Santa Barbara IT firm has hit it big with a $130 million capital raise. LogicMonitor, headquartered at two offices in Santa Barbara, said Providence, R.I.,-based Providence Equity Partners invested $130 million in the IT service firm June 16. Steve Francis created the cloud-based service in 2008 that allows businesses or IT departments to Read More →

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Impact Radius gets $30 million investment

By   /  Friday, June 10th, 2016  /  Latest news, Technology  /  Comments Off on Impact Radius gets $30 million investment

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Santa Maria entrepreneurs get advice on how to build tech hub

By   /  Friday, June 10th, 2016  /  right, Technology  /  Comments Off on Santa Maria entrepreneurs get advice on how to build tech hub

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Impact Radius raises $30 million in funding round

By   /  Wednesday, June 8th, 2016  /  Latest news, Technology  /  Comments Off on Impact Radius raises $30 million in funding round

Impact Radius, a Santa Barbara-based digital marketing firm, finished a $30 million funding round June 8 by Boston-based Silversmith Capital Partners. Founded in 2008 by veterans from the early days of Commission Junction, now CJ Affiliate by Conversant, Impact Radius is a pioneer of so-called performance marketing space, where advertisers only pay out a commission Read More →

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Teledyne subsidiary to develop parts for satellite network

By   /  Monday, June 6th, 2016  /  Latest news, Technology  /  Comments Off on Teledyne subsidiary to develop parts for satellite network

Teledyne Defence won a contract June 6 to develop parts for micro satellites which may create a worldwide Internet network. Teledyne Defence, a United Kingdom-based subsidiary of Thousand Oaks-based industrial conglomerate Teledyne Technologies, said OneWeb Satellites awarded the company a contract June 6 to develop a component called a communications repeater for a network of Read More →

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Semtech sells subsidiary Snowbush IP to Rambus

By   /  Monday, June 6th, 2016  /  Latest news, Technology  /  Comments Off on Semtech sells subsidiary Snowbush IP to Rambus

Semtech, a Camarillo-based manufacturer of semiconductors for the mobile phone industry, sold subsidiary Snowbush IP for $32.5 million to Sunnyvale-based Rambus, which develops memory systems for smartphones. Semtech said it also could receive more payments from Rambus through 2022 based upon a percentage of sales by Rambus of new products expected to be developed by Read More →

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Oxnard’s Clean Diesel Technologies replacing CFO

By   /  Friday, June 3rd, 2016  /  Latest news, Technology  /  Comments Off on Oxnard’s Clean Diesel Technologies replacing CFO

Clean Diesel Technologies’ chief financial officer will resign and the company will conduct a reverse stock split as it tries to stay listed on the Nasdaq stock exchange. Oxnard-based Clean Diesel Technologies, which makes diesel emission control systems for diesel powered vehicles, said in a June 1 filing with the Securities and Exchange Commission that Read More →