Santa Barbara-based wireless music gear maker Sonos has raised $135 million in new capital, the largest funding deal in the Tri-Counties so far this year and possibly a substitute for an initial public offering. Kohlberg Kravis Roberts, a private equity firm, led the funding round and was joined by Redpoint Ventures and investors associated with Read More →
By John K. Paglia on June 29, 2012 On June 1, the federal government released surprisingly bleak job numbers for the United States. With only 69,000 jobs added in May, the national unemployment rate rose to 8.2 percent. In California, the joblessness rate remains a stubbornly high 10.9 percent. Closer to home the numbers are Read More →
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Avocado marketer Calavo Growers said April 6 that it plans to raise up to $200 million in fresh capital by offering a mix of common stock and warrants for sale. The Santa Paula-based company said in regulatory filings that it would offer a combination of shares of common stock and warrants to raise the funds. Read More →