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Cloud firm garners $30M from Netflix backers

By   /  Friday, April 20th, 2012  /  Technology, Top Stories  /  Comments Off on Cloud firm garners $30M from Netflix backers

Eucalyptus Systems has raised $30 million in fresh venture capital from the same firm that funded Netflix and Twitter, bringing the Goleta-based cloud computing software company’s total capital raised to date to $55.5 million. Eucalyptus was founded in 2009 by a team of computer scientists led by UC Santa Barbara professor Rich Wolski. It makes Read More →

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Shuffle in N. Santa Barbara County foreshadows manufacturing boom

By   /  Friday, April 20th, 2012  /  Central Coast, Top Stories, Tri-County Economy  /  Comments Off on Shuffle in N. Santa Barbara County foreshadows manufacturing boom

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Area’s airports debut new routes, airlines and runways

By   /  Friday, April 20th, 2012  /  Top Stories  /  Comments Off on Area’s airports debut new routes, airlines and runways

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Umpqua moves in with $44.7M bank buy

By   /  Friday, April 13th, 2012  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies  /  Comments Off on Umpqua moves in with $44.7M bank buy

American Perspective Bank, a San Luis Obispo County lender founded five years ago, is being purchased by Portland-based Umpqua Holdings Corp. for $44.7 million. If the deal gains the approval of banking regulators and American Perspective shareholders, Umpqua will pay $10 per share in cash for the San Luis Obispo-based bank, a 12.4 percent premium Read More →

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City alleges Pini operates hotel illegally

By   /  Friday, April 13th, 2012  /  Law & Goverment, Real Estate, Top Stories, Tourism  /  Comments Off on City alleges Pini operates hotel illegally

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Calavo plans $200M capital raise to prep for acquisitions

By   /  Friday, April 13th, 2012  /  Agribusiness, Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Calavo plans $200M capital raise to prep for acquisitions

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$350M CMH project will meet deadline

By   /  Friday, April 6th, 2012  /  Real Estate, Top Stories  /  Comments Off on $350M CMH project will meet deadline

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