By Stephen Nellis / Friday, March 7th, 2014 / Columns, Technology / Comments Off on German entrepreneur tunes into hearing loops with Otojoy
A Santa Barbara entrepreneur is hoping to make life in public places a little easier for people with hearing loss. Otojoy installs hearing loops, which take audio signals from sound systems and then transmit them electromagnetically to be picked up by a special feature found in most hearing aids.
Camarillo-based Semtech Corp. delivered earnings on par with Wall Street expectations on March 5, holding its forecast steady as it deals with the costs of laying off 6 percent of its workforce and navigating a rough patch amid several years of growth.
Goleta-based real estate software firm Yardi Systems has acquired Centershift, maker of a cloud-based platform for self-storage facilities. Terms of the deal were not disclosed.
San Luis Obispo-based software firm Mindbody has raised $50 million in fresh venture capital, bringing its total funds raised to date to $98 million and positioning the company for a possible initial public offering this year or next.
In a major week for advertising technology firms in Ventura, The Trade Desk has raised $20 million in a second venture capital round and Connexity has been acquired by Los Angeles-based Shopzilla.
DenMat has acquired most of the dental assets of Fort Collins, Co.-based Zila and will move those operations to its Lompoc headquarters, adding more warehouse space and ramping up hiring in sales, marketing and manufacturing.
