LaunchPoint closes second seed round
LaunchPoint Electric Propulsion Solutions, a Goleta company that makes electric engines and other components for the aerospace industry, has closed a fully subscribed second round of seed funding, the company announced Aug. 2. LaunchPoint did not disclosed details of the funding round, including the amount raised and the major investors. LaunchPoint was founded in 2018, Read More →
House approves funding for Highway 101 widening from Goleta to Ventura
A massive project to expand lanes on Highway 101 between Santa Barbara and Ventura received a slice of federal funding recently approved by the U.S. House of Representatives, after lobbying by Congressman Salud Carbajal. Carbajal, D-Santa Barbara, announced on July 21 that he had secured more than $16.6 million in federal money for projects in his district Read More →
Deckers names new president for group that includes Ugg
Goleta-based Deckers Brands has hired a former Nike executive to take over the business unit that includes Ugg, its top footwear brand. Anne Spangenberg will take over on July 11 as president of Fashion Lifestyle brands at Deckers. Fashion Lifestyle includes both Ugg and Koolaburra, a line of boots and shoes similar to Ugg but Read More →
Raytheon’s hiring spree takes flight with 200 new Goleta jobs
Raytheon Technologies is greatly expanding its presence in Southern California, including filling 200 new jobs in at its Goleta operation. In total, Raytheon will be adding 1,000 jobs the Southern California region, including locations in Goleta, El Segundo and Fullerton. Raytheon, headquartered in Virginia, is one of the largest aerospace and defense companies in the Read More →
Transphorm reports big revenue jump
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Real Estate: Ground lease at AppFolio campus sells for $13.9M
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Real Estate: Home goods company inks $13.9M lease on industrial building in Simi Valley
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