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Mining new markets: HG Data funding rises to $5.5M

By   /  Friday, May 16th, 2014  /  Technology, Top Stories  /  Comments Off on Mining new markets: HG Data funding rises to $5.5M

With a fresh round of venture capital, Santa Barbara-based business intelligence firm HG Data is hoping to track the technology in use at about 100,000 Asian companies to complement it huge database of North American firms.

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Ceres plans to license corn-derived gene patent

By   /  Friday, May 16th, 2014  /  Agribusiness, East Ventura County, Technology, Top Stories, Tri-County Economy  /  Comments Off on Ceres plans to license corn-derived gene patent

Thousand Oaks-based energy crop firm Ceres has been granted a patent on a gene sequence derived from corn and plans to license the patent to big seed companies.

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Central Coast hopes to be wave energy hub

By   /  Friday, May 16th, 2014  /  Central Coast, Green Coast, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Central Coast hopes to be wave energy hub

With five projects in the works that could generate as much a 1.2 gigawatts of electricity, the Central Coast could become the nation’s wave-energy capital.

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Inogen shares rise on rosier outlook

By   /  Wednesday, May 14th, 2014  /  Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen shares rise on rosier outlook

Shares of Goleta-based Inogen soared 11.4 percent to $16.29 on May 14 after reporting stronger-than-expected profits and boosting its sales outlook for the year.

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UCSB spinout Lettuce Apps acquired by Intuit

By   /  Friday, May 9th, 2014  /  South Coast, Technology, Tri-County Economy  /  Comments Off on UCSB spinout Lettuce Apps acquired by Intuit

Lettuce Apps, a spinout out of UC Santa Barbara, has been acquired by financial software giant Intuit for an estimated $30 million. The Los Angeles-based company got its start in UCSB’s Technology Management Program, which has produced a number of successful startups including medical device maker Inogen, now a publicly traded company based in Goleta. Read More →

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Counting crops: Linkfresh makes planning software for food firms

By   /  Friday, May 9th, 2014  /  Agribusiness, Technology, Top Stories  /  Comments Off on Counting crops: Linkfresh makes planning software for food firms

A Ventura company is bringing the same kind of sophisticated software that global manufacturers use to run their businesses to the fresh food industry.

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HG Data funding rises to $5.5M

By   /  Tuesday, May 6th, 2014  /  Technology, Top Stories  /  Comments Off on HG Data funding rises to $5.5M

Santa Barbara-based HG Data has raised $2 million in venture capital, bringing its total raised to date to $5.5 million. HG Data uses a proprietary algorithm to sift through massive amounts of messy online data to create a database of which software and hardware products are in use at about 1 million U.S companies. Fortune Read More →