Xirrus raises $23.5M in new capital
Thousand Oaks-based wireless firm Xirrus has raised an additional $23.5 million in venture capital, bringing its total funding to an estimated $122 million. The lastest funding round was led by existing investors August Capital, Canaan Partners, InterWest Partners, QuestMark Partners and US Venture Partners. Xirrus makes heavy duty Wi-Fi systems designed to replace wired networks Read More →
Westlake film makers bank on fraternity humor site
Word, brah. A pair of Westlake Village film industry veterans are out to raise $3.5 million to make a motion picture based on Total Frat Move, a wildly popular website that chronicles, sometimes crassly but always humorously, Greek life on campus from the male viewpoint. The brand’s ultimate owners hope it will ultimately become a Read More →
Software in the toolkit: Tech execs founded Procore to streamline construction
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SLO startup season heats up: Tech entrepreneurs gear up to pitch investors
It’s tech pitch season in San Luis Obispo, with Cal Poly’s HotHouse turning out a crop of startups angling for funding and Softec and other groups gearing up for a fall symposium that promises to draw hundreds of listeners and, hopefully, a few investors. The Cal Poly effort has kept students focused on business ideas Read More →
Sirigen leaves the stage as UCSB’s first successful exit
Sirigen was the UC Santa Barbara startup heard round the world.
Clipper sued for $60M amid layoffs
Carpinteria-based Clipper Windpower faces a $60 million lawsuit from a wind farm developer shortly after it laid off 174 people. First Wind Energy, a Boston-based wind farm developer with projects in New York, Hawaii and several other states, filed suit on Sept. 4 in Santa Barbara County Superior Court. Most of the complaint is sealed. Read More →
