Impact raises $150M, plans 2022 IPO
By Jorge Mercado / Tuesday, July 13th, 2021 / Latest news, middle, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Impact raises $150M, plans 2022 IPO
Note: This article was updated July 15 to include an interview with Impact’s CEO. Impact Technologies, a cloud software company based in Santa Barbara, announced a $150 million round of venture capital funding on July 13 and is planning an initial public offering in early 2022, CEO David Yovanno told the Business Times. With the Read More →
Trade Desk unveils new ad platform it calls ‘biggest release ever’
By Jorge Mercado / Wednesday, July 7th, 2021 / Banking & Finance, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Trade Desk unveils new ad platform it calls ‘biggest release ever’
Shares of The Trade Desk rose by as much as 5% on July 7, as the Ventura-based advertising technology company unveiled its new trading platform, Solimar. The Trade Desk closed at $76.56 on July 6 and traded as high as $81.59 on July 7 before closing at $77.65, up 1.5% from the previous closing date. Read More →
Procore expands into Middle East and North Africa
By Staff Report / Tuesday, July 6th, 2021 / Banking & Finance, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Procore expands into Middle East and North Africa
Procore Technologies, a Carpinteria-based company that provides software to the construction industry, announced an expansion into the Middle East and North Africa on July 6. The effort will be undertaken in partnership with Mubadala Investment Company, a sovereign investor for the government of Abu Dhabi that owns shares in Procore. “The construction sector in the Read More →
Trade Desk profits from Google’s delay on cookie phaseout
By Jorge Mercado / Thursday, July 1st, 2021 / Banking & Finance, Latest news, right, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Trade Desk profits from Google’s delay on cookie phaseout
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Dubroff: QAD deal marks another win for region’s software entrepreneurs
By Henry Dubroff / Thursday, July 1st, 2021 / Banking & Finance, Columns, Latest news, South Coast, Subscriber content, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on Dubroff: QAD deal marks another win for region’s software entrepreneurs
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AeroVironment shares drop after earnings report
By Jorge Mercado / Wednesday, June 30th, 2021 / Banking & Finance, Earnings, East Ventura County, Latest news, right, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on AeroVironment shares drop after earnings report
AeroVironment, a drone and robotics company with its chief operations in Simi Valley, delivered record revenue in the fourth quarter and full year of 2021, according to earnings released June 29, but a couple of key losses led to a year-to-year earnings drop. In the fourth quarter of its 2021 fiscal year, AeroVironment posted a Read More →
Thoma Bravo deepens investment in region with $2B acquisition of QAD
By Jorge Mercado / Monday, June 28th, 2021 / Latest news, left, Technology, Top Stories / Comments Off on Thoma Bravo deepens investment in region with $2B acquisition of QAD
Editor’s note: This article was originally posted June 28, and updated July 1 with additional reporting on the pending deal. The enterprise software company QAD is being acquired by Thoma Bravo in an all-cash transaction worth around $2 billion, another sign of growth in the Santa Barbara technology industry. Santa Barbara-based QAD, which provides cloud Read More →