May 28, 2024
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Flood of IPOs has slowed to a trickle in 2022

By   /  Thursday, June 2nd, 2022  /  Latest news, left, Regions, San Luis Obispo County, Santa Barbara County, Technology, Top Stories, Ventura County  /  Comments Off on Flood of IPOs has slowed to a trickle in 2022

After reaching new heights in 2021, including a $150 million capital raise that closed in July and surpassing $100 million in annual recurring revenue, Santa Barbara-based Impact Technologies was preparing to go public in 2022. But, with rising inflation and interest rates decimating the stock market, the IPO money that was available in 2021 has Read More →


Impact raises $150M, plans 2022 IPO

By   /  Tuesday, July 13th, 2021  /  Latest news, middle, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Impact raises $150M, plans 2022 IPO

Note: This article was updated July 15 to include an interview with Impact’s CEO. Impact Technologies, a cloud software company based in Santa Barbara, announced a $150 million round of venture capital funding on July 13 and is planning an initial public offering in early 2022, CEO David Yovanno told the Business Times. With the Read More →