AppFolio’s revenue and losses both grew in 2021
For the second consecutive year, Goleta-based property management software developer AppFolio reported a loss for the fourth quarter, though its revenue did grow during that year. The company had a net loss of $1.3 million in the most recent quarter, or 4 cents per share. Year earlier, in the fourth quarter of 2020, the company Read More →
In ‘transition year,’ Procore reports growth in both revenue and net losses
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Trade Desk breaks billion-dollar mark in annual revenue, beats expectations for Q4
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Goleta 5G filter company Resonant sold to Japanese firm at big premium
Resonant, a developer of radio frequency filters with a focus on 5G cellular devices, is being acquired by Murata Electronics North America, a subsidiary of the Japanese company Murata Manufacturing, for $295 million in cash. Resonant moved its headquarters from Goleta to Austin, Texas, a little over a year ago, but still has its main Read More →
Attorney in UCSB case will lead Nixon Peabody IP team
Nixon Peabody, the global law firm representing UC Santa Barbara in its LED patent lawsuit against major retailers, has named Seth Levy, the lead Peabody attorney for UCSB, to lead the firm’s intellectual property practice. Levy, who has been with the law firm since 2012 and is a partner in its Los Angeles office, will Read More →
Energy Vault shares drop 19% in first day on NYSE
Westlake-Village based Energy Vault began trading on the New York Stock Exchange at the opening bell on Feb. 14, but its shares struggled, dropping 18.7% on the first day as the market as a whole was down slightly. Energy Vault, which uses a gravity-based system to store and release energy generated by renewable sources, began Read More →
Transphorm reports higher revenue, smaller losses as it pursues Nasdaq listing
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