Alive and clicking: Visus thriving after 20 years in software
When Michael Daoud founded Santa Barbara software firm Visus 20 years ago, America Online launched its first portal onto something called the World Wide Web, letting home users access it for the first time. About a quarter of American homes had computers, and in San Francisco, the first-ever conference on the commercial potential of the Web featured Marc Andreessen, founder of a fledgling startup called Netscape, as a key speaker.
Procore to build out South Coast operations with $15M Bessemer raise
Carpinteria-based Procore Technologies, a maker of cloud-based construction management software, recently raised $15 million from the same Silicon Valley investors that have backed Yelp, LinkedIn and Skype, bringing its total funding to date to $20.5 million.
In shape for an IPO: Mindbody launches wellness program
After years of development, San Luis Obispo-based Mindbody is rolling out a major corporate wellness platform as it marches toward an initial public offering.
Mining new markets: HG Data funding rises to $5.5M
With a fresh round of venture capital, Santa Barbara-based business intelligence firm HG Data is hoping to track the technology in use at about 100,000 Asian companies to complement it huge database of North American firms.
UCSB spinout Lettuce Apps acquired by Intuit
Lettuce Apps, a spinout out of UC Santa Barbara, has been acquired by financial software giant Intuit for an estimated $30 million. The Los Angeles-based company got its start in UCSB’s Technology Management Program, which has produced a number of successful startups including medical device maker Inogen, now a publicly traded company based in Goleta. Read More →
