Panel tackles startup funding
There’s less venture capital to start technology businesses, and most of it is being crammed into existing firms rather than raw startups. But for new entrepreneurs who have a viable product in a large market with the team that can make it happen, there are as many opportunities as ever to get started and get Read More →
Cloud over leasing begins to lift as technology firms add staff
A handful of technology-related deals in recent weeks hint that a more definitive rebound may be just around the corner.
Vitesse slashes workforce, dims sales outlook
Vitesse Semiconductor, the Ventura County chipmaker rocked by a stock-options scandal in 2006, has laid off 10 percent of its workforce and shuttered one of its Camarillo facilities. Vitesse disclosed the pink slips in a regulatory filing Oct. 3. The company said it ended its lease on facilities at 4721 Calle Carga and terminated 10 Read More →
UCSB snags $20M grant
UC Santa Barbara’s materials researchers have received a $20 million grant to carry on their studies until at least 2017. The money came from the National Science Foundation. UCSB houses one of the foundation’s Materials Research Science and Engineering Centers and has received support since 1992. “Competition for these flagship centers is fierce,” Craig Hawker, Read More →
Make It Work rolls into Costco
Santa Barbara-based Make It Work has inked a deal to offer its consumer-oriented tech support services at 20 Costco store locations in Southern California. Make It Work’s fleet of signature red Mini Coopers performs tech support house calls throughout Southern California for consumers and very small businesses. Through the deal with Costco, a membership wholesaler, Read More →
Down to the wire: Superconductor aims to make power lines more efficient
Santa Barbara-based Superconductor Technologies has delivered samples of a wire that could change the way electric power is distributed in the United States.
