Xirrus secures $20M deal
By Pacific Coast Business Times Staff / Monday, December 14th, 2009 / Top Stories / Comments Off on Xirrus secures $20M deal
Thousand Oaks-based Xirrus, a maker of high-performance wireless Internet gear, has secured a $20 million round of venture capital and all but declared plans to go public or pull off a sale soon. The deal, announced Dec. 1, is likely to be the single largest venture capital round announced in the Tri-Counties this year. It Read More →
Breaking news: PG&E to propose wave energy project
By Pacific Coast Business Times Staff / Friday, December 11th, 2009 / Top Stories / Comments Off on Breaking news: PG&E to propose wave energy project
In what could be a major step forward for alternative electric power generation for the region, Pacific Gas & Electric is preparing to seek approval to study a future wave energy project located off the California coast near Vandenberg Air Force Base. The project, which could take years to make operational, would generate as much Read More →
Changes at top for law firms
By Stephen Nellis / Monday, December 7th, 2009 / Top Stories / Comments Off on Changes at top for law firms
The largest law firm in the Tri-Counties has a new managing partner. Scott Samsky is taking the reins at Oxnard-based Nordman Cormany Hair & Compton after Tony Trembley held the managing partner position for six years. The shift marks a continued changing of the guard in Ventura County, whose growth in the last 30 years Read More →
Retail
By Pacific Coast Business Times Staff / Monday, December 7th, 2009 / Top Stories / Comments Off on Retail
Independent retailers from Thousand Oaks to Paso Robles are breathing a sigh of relief as they tabulate their Black Friday sales results. The traditional post-Thanksgiving shopping frenzy never quite materialized for tri-county merchants — who mostly managed to break even despite big box competition and cautious consumers — but it could have been worse. A Read More →
QAD results hint at tech sector rebound
By Pacific Coast Business Times Staff / Monday, December 7th, 2009 / Top Stories / Comments Off on QAD results hint at tech sector rebound
QAD, the Santa Barbara-based maker of enterprise software, has turned in a strong performance for its third quarter ended Oct. 31, signaling early signs of a turnaround for an important business segment in the region. QAD’s shares hit a 52-week high on the Nasdaq after it reported Nov. 24 that it had earned 13 cents Read More →
San Luis Obispo jet center breaks ground
By Pacific Coast Business Times Staff / Monday, November 30th, 2009 / Top Stories / Comments Off on San Luis Obispo jet center breaks ground
A San Luis Obispo-based aviation company that provides private jet charters has broken ground on a $10 million corporate jet center near the regional airport. Aviation Consultants, a private company that runs the San Luis Jet Center, is building a massive new facility near the San Luis Obispo County Regional Airport. The nearly 80,000-square-foot project includes Read More →
Atascadero on the rise
By Pacific Coast Business Times Staff / Monday, November 30th, 2009 / Top Stories / Comments Off on Atascadero on the rise
For years now, the city of Atascadero has retained a strong resemblance to the mudhole for which it was named. Dominated by construction zones, detours and piles of dirt, the core of the city is usually one storm away from being a muddy mess. But one development — the Colony Square Project — could provide Read More →
