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Channeling a bold idea: CSUCI embarks on $600M build-out

By   /  Friday, June 13th, 2014  /  East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Channeling a bold idea: CSUCI embarks on $600M build-out

With the state of California’s higher education budget in disarray, CSU Channel Islands President Richard Rush has turned to the private sector to complete the dream of a four-year public university to serve Ventura County.

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Homework done: Sylvan Learning franchisees plan to widen impact

By   /  Friday, June 13th, 2014  /  East Ventura County, Small Business, Top Stories, Tri-County Economy  /  Comments Off on Homework done: Sylvan Learning franchisees plan to widen impact

The new owners of Sylvan Learning Center in Westlake Village plan to open satellite locations at schools and libraries to better serve the surrounding communities, a move they say will also boost the business’ bottom line.

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An American dream, interned: Exhibit highlights history of grocers

By   /  Friday, June 13th, 2014  /  East Ventura County, Small Business, Top Stories, Tourism, Tri-County Economy, West Ventura County  /  Comments Off on An American dream, interned: Exhibit highlights history of grocers

“Who’s Minding the Store: the Small Grocery Business in Ventura County” focuses on sharing the history of many immigrant-owned markets in the county.

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Ventura startup hopes to bring meals to your door

By   /  Friday, June 13th, 2014  /  Banking & Finance, East Ventura County, Small Business, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Ventura startup hopes to bring meals to your door

FreshRealm is betting millions of dollars on a revolutionary concept: A backend service for businesses that enables customers to get fresh food sent directly to their homes. Combined with a reusable container that can be filled at a store and shipped via FedEx to the home, the service utilizes existing infrastructure and can scale quickly, its founders say.

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Vitesse plans $23.2M stock offering

By   /  Thursday, June 12th, 2014  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Vitesse plans $23.2M stock offering

Shares of Vitesse Semiconductor Corp. plummeted 11.3 percent on Thursday after the company revealed plans to raise $23.2 million by selling common stock. The Camarillo-based chip design company said Thursday that the proceeds of the offering, a planned sale of 7.5 million shares at $3.35 each, would be used for working capital and general corporate Read More →

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Upper State Street office building sells for $10 million

By   /  Thursday, June 12th, 2014  /  Real Estate, Top Stories  /  Comments Off on Upper State Street office building sells for $10 million

  The building anchored by Citibank at 3757 State St. in Santa Barbara has been sold for just shy of $10 million, marking the largest sale of an office property on upper State Street since 2005, according to brokers behind the deal. The buyer and seller were not disclosed. The 20,000-square-foot building, which retains a long-term Read More →

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Procore Technologies raises $15M from Bessemer

By   /  Wednesday, June 11th, 2014  /  Latest news, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Procore Technologies raises $15M from Bessemer

Carpinteria-based Procore Technologies, company that makes cloud-based construction management software, has raised $15 million from the same Silicon Valley investors that have backed Yelp, LinkedIn and Skype.