Vitesse to raise $16.1M in stock offering
Camarillo-based Vitesse Semiconductor plans to raise $16.1 million in a public offering of stock. The deal, announced Dec. 6, will offer 10 million shares at $1.75 each, netting $16.1 million after costs. It’s expected to close Dec. 12. Needham & Company is acting as the sole book-running manager of the offering, and Craig-Hallum Capital Group Read More →
Shopatron bags $5.5M in new funding and ramps up hiring plans
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Going nose to nose: SpectraFluidics says sniffing dogs have met their match
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Turn up the volume: Thousand Oaks firm caters to audiophiles
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Shopatron closes $4M financing
San Luis Obispo-based e-commerce firm Shopatron has closed a $4 million credit facility with Multiplier Capital, a venture debt fund. Founded in 2001, Shopatron makes an e-commerce system that lets branded manufacturers sell products directly from their websites and fulfill the order through a dealer near the customer via delivery or in-store pickup. While large Read More →
‘Amazon tax’ doesn’t dent online shopping, area firms say
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Ringing in new capital: Santa Barbara firm to use funds to ramp up sales team
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