Sonos CEO steps down following app debacle
Consequences of Sonos’ decision to overhaul and release a new version of its app — one that was riddled with bugs and missing key features — came to fruition on Jan. 13 after the company announced it would be looking for a new CEO to start the new year. Sonos, a maker of speakers, headphones Read More →
PBS Biotech secures $17 million in follow-on round
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A2 Bio closes $80 million Series C financing round
Agoura Hills-based A2 Biotherapeutics, a clinical-stage cell therapy company, on Jan. 9 announced the closing of its $80 million Series C financing round, supported by a syndicate of investors that includes The Column Group and Samsara BioCapital. A2 Bio is developing first-in-class logic-gated cell therapies to selectively target tumor cells and protect normal cells. Proceeds Read More →
805 Tech: Region’s investments in AI will continue paying off
Let’s get this out of the way now. If you got tired of hearing about artificial intelligence and how it is going to revolutionize our way of life, well, fair warning, that isn’t going to stop in 2025. In fact, that’s probably the majority of tech trends you’re going to hear about — and the Central Read More →
Reaching new heights: Pearce Services adds new capabilities after record acquisition
Fifteen years ago, Paso Robles-based Pearce Services was just breaking into the middle market company space, hitting key markers with about $10 million in revenue and over 50 employees. But after 2010, the company started entering new markets, growing at a rapid pace. So much so that in 2024, the company now employs over 3,500 people and Read More →
Will the region’s top stocks keep dominating in 2025?
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Inogen’s newest respiratory device gains FDA clearance
Goleta-based Inogen, a medical technology specializing in the manufacturing of portable oxygen containers, announced Dec. 30 that it had received U.S. Food and Drug Administration clearance for the Simeox 200 Airway Clearance Device. The clearance helps expand the company’s ability to market and meet the various needs of patients with chronic respiratory diseases in the Read More →
