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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 →

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As it plans IPO, Procore reports growing revenue, growing losses

By   /  Friday, March 5th, 2021  /  Banking & Finance, Latest news, left, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on As it plans IPO, Procore reports growing revenue, growing losses

Procore CEO Craig "Tooey" Courtemanche sits in his office at the company's Carpinteria headquarters (Nik Blaskovich photo)

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Five tech business trends to watch in 2021

By   /  Thursday, December 31st, 2020  /  Biotech, Central Coast, East Ventura County, Latest news, middle, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Five tech business trends to watch in 2021

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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QAD reports slight revenue dip, big earnings jump

By   /  Tuesday, November 24th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD reports slight revenue dip, big earnings jump

Profits at Santa Barbara-based software firm QAD hit $3.2 million in the third quarter of 2020, up from $125,000 in the same quarter of 2019, the company announced Nov. 24. QAD had earnings of 16 cents per share, up from just 1 cent per share a year earlier. “We made significant progress toward our long-term Read More →

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Latest

AppFolio earnings up as sale of MyCase unit closes

By   /  Monday, November 9th, 2020  /  Banking & Finance, Earnings, Latest news, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AppFolio earnings up as sale of MyCase unit closes

AppFolio, the Goleta-based property management software company, beat analysts’ expectations on Nov. 9 with earnings of $3.86 per share for the third quarter of 2020, driven mainly by a sale of one of its business units. Quarterly earnings were much higher than the same quarter last year, when the company earned 14 cents per share. Read More →

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AppFolio to sell legal unit for $193M

By   /  Tuesday, September 8th, 2020  /  Banking & Finance, Latest news, Law, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AppFolio to sell legal unit for $193M

In a move that reflects a shifting landscape for the software business, Goleta-based AppFolio said Sept. 8 that it is selling its MyCase legal practices suite of services for $193 million to a group of private equity funds. The all-cash deal concentrates AppFolio’s services in the real estate management field, where it has carved out Read More →

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Shoonya brings online language education to preschool set

By   /  Monday, August 24th, 2020  /  Education, Latest news, Small Business, South Coast, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy, Women Inc.  /  Comments Off on Shoonya brings online language education to preschool set

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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