Mindbody raises $50M for global push
San Luis Obispo-based Mindbody has raised $50 million in new capital, its largest amount to date, that will used to fund global expansion and mobile product development. The raise brings its total venture capital raised thus far to more than $110 million and likely marks the largest-ever raise in San Luis Obispo County.
Mission Community shareholders approve $56M acquisition
Shareholders of San Luis Obispo-based Mission Community Bancorp have voted overwhelmingly in favor of a proposed merger with Heritage Oaks Bancorp out of Paso Robles. The $56 million deal was announced in October 2013 and would leave Heritage Oaks as the survivor and the largest bank based in the Tri-Counties.
Op/ed: Central Coast leads the way with solar energy, green tech jobs
Anyone who thinks the clean energy economy isn’t working clearly needs to visit the Central Coast.
REC spinout could expand SLO solar jobs
San Luis Obispo can expect to see a slight increase in solar-power industry jobs with a recent deal that split up REC Solar and sold off its residential installation business to a San Francisco firm.
Cloud farming : SLO firm brings sensor technology to the fields
The Tri-Counties may or may not see many rain clouds this year, but farmers around the region will be using cloud computing to manage their irrigation with San Luis Obispo-based Hortau.
