Ventura backs out of its brief adventure in venture capital funding
The city of Ventura is near the end of its relationship with DFJ Frontier, a venture capital fund associated with Draper Fisher Jurvetson with an outpost in Santa Barbara.
Editorial: Ventura walks away from venture capital fund
The city of Ventura is nearing the close of a transaction that will get it out of the venture capital business. While we appreciated the city’s enthusiasm for creating technology jobs, we think the City Council has made the right move.
Told Corp. closes three-for-one deal as large tenants expand
Camarillo-based Told Corp., one of the most prolific developers in the Tri-Counties, recently closed a three-way deal that added another industrial property to its portfolio and allowed it to retain two important tenants.
Community Memorial rising: $350M hospital in Ventura takes shape
The $350 million, 350,000-square-foot Community Memorial Hospital construction project in Ventura is on budget and on track, scheduled to open in the second half of 2015.
Fungus ruckus: Ventura mushroom farm in escrow to international buyer
What was once the country’s third-largest mushroom producer is facing a complaint filed by the city seeking nearly $200,000, and a civil suit by Shell Energy North America for an unpaid line of credit.
Athena Cosmetics launches national push after court ruling
A federal appeals court has upheld an order banning Ventura-based Athena Cosmetics from selling its eyelash-boosting products in California but ruled that the firm can resume selling them in the rest of the nation.
Clean Diesel changes ethics rules after $1.9M federal fine
The CEO of Ventura-based Clean Diesel Technologies has stepped down after a year on the job, a move that likely reflects a faltering relationship with Italian tire-maker Pirelli. In a separate announcement, the company said it has amended its ethics code in light of a $1.9 million fine from federal labor regulators over a whistleblower complaint.
