Venture capital investor NGEN celebrates exit of Choose Energy
Green tech venture capital investor NGEN — an early investor in Soraa with West Coast headquarters in Santa Barbara — celebrated the exit of Texas-based energy market platform Choose Energy June 26. According to reports, South Carolina-based advertising company Red Ventures spent less than $100 million in its acquisition of Choose Energy, though exact figures Read More →
UCSB joins nonprofit Alliance for Southern California Innovation
UC Santa Barbara and six other universities announced the formation of the nonprofit organization Alliance for Southern California Innovation on June 22. Led by former California Insurance Commissioner Steve Poizner and a board of directors including UCSB physics professor and vice chancellor for research Joseph Incandela, the group will work to support tech entrepreneurs and Read More →
Employee reviews rank Anant Yardi among top CEOs in the nation
Updated at 3 p.m. June 23: Anant Yardi, founder and CEO of Yardi Systems in Goleta, was named on June 21 to a list of the nation’s top corporate leaders by employer review website Glassdoor. Yardi, a member of the Pacific Coast Business Times Hall of Fame, received a Glassdoor Employees’ Choice Award recognizing the Read More →
Navigating social media at work tricky for workers, bosses
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MannKind moving to former Kythera space in Westlake Village
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Oxnard’s CalAmp partners with Autobrain
Internet of Things provider CalAmp, with operations in Oxnard, announced a partnership with Boca Raton, Fla-based Autobrain. Autobrain’s platform will use CalAmp’s networks to bring smart car capabilities to regular vehicles, according to the June 22 news release. Devices like OBD sensors and telematics systems will enable consumers to track their car’s location and condition Read More →
SerImmune gets $8 million in financing from Illumina Ventures
Santa Barbara immunotherapy and diagnostic company SerImmune received $8 million in financing from San Francisco-based Illumina Ventures to expand its immune mapping platform and database. Illumina invests primarily in early-stage companies researching genomics, life science and health care. A subsidiary of pharmaceutical giant Merck also participated in the financing round, alongside other undisclosed investors. Mapping Read More →
