Taking a bite out of cyber crime in the Tri-Counties
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Warfare center shifts from Navy to nonprofit
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Inogen reports huge increase in net income
Inogen, a maker of portable oxygen concentrators based in Goleta, announced a 77 percent increase in net income Feb. 28 on fourth quarter revenues of $50.9 million. Sales revenues grew 47.2 percent over the same quarter in 2015, to $42.6 million. Net income for the quarter was $5.3 million, bringing the company up to $20.5 Read More →
AppFolio revenues grow, losses shrink
AppFolio announced an increase in fourth quarter and full year revenues Feb. 27, decreasing its net losses per share by around a third compared to 2015. The Goleta-based company’s revenues for the quarter ended Dec. 31 grew 37 percent to $28 million, up from $20.4 million during the same period the prior year. Full year Read More →
Angel investors weigh person making pitch
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Santa Barbara’s Sandbox incubator debuts with virtual reality forum
The region’s newest business workspace made its public debut Feb. 23 with the opening of Sandbox, a medium-sized business incubator at 414 Olive St. in Santa Barbara’s emerging Haley Street corridor. About 85 people attended a forum on “The Business of Virtual Reality” with VR experts and author Shel Israel. Sandbox is the brainchild of Read More →
Resonant agrees to sell $7.5 million in stock to Longboard
Goleta-based radio frequency front-end designer Resonant agreed to allow its stockholder Longboard Capital Advisors to purchase $7.5 million worth of stock and stock warrants. Expected to close Feb. 22, each unit in the offering will be sold for $4.61, the average closing price for Resonant common stock between Feb. 3 and Feb. 16. In addition, Read More →
