Santa Barbara-based Resonant has filed for an initial public offering to raise up to $13.8 million and has disclosed a development agreement with Skyworks, a major chip supplier for Apple’s iPhone.
Carpinteria-based online education firm lynda.com has added four executives to bolster its international growth efforts.
Santa Barbara-based inbound call technology firm Invoca has raised $20 million from Accel Partners, bringing the company’s funds raised to date to $30.8 million. Invoca’s technology lets companies generate unique phone numbers to insert into marketing campaigns, filter calls as they come in, and track and attribute any sales that result.
Thousand Oaks-based Atara Biotherapeutics has brought on more investors to its second financing round, bringing the total raised to $52 million.
Santa Maria Energy is going public and raising at least $40 million in new capital — and possibly much more – which could put the firm’s total funds raised at an estimated $90 million.
Santa Maria Energy’s contentious project to drill 136 new oil wells in North Santa Barbara County received approval from the Santa Barbara County Board of Supervisors last month. The Supervisors imposed strict limits on the project’s carbon emissions, essentially implementing a 10,000-ton-per-year cap and requiring the company to buy carbon credits if it goes over that limit.
Inogen was founded in 2001 by three UCSB students, one of whom had a grandmother who had recently been placed on oxygen therapy. The therapy required heavy, bulky oxygen tanks that could not be taken on airplanes and other places.
After winning the New Venture Competition business plan contest at UCSB, the team went on to develop a device that used electricity to concentrate oxygen from the air. The concentrators were lighter and less bulky, weighting between 4.8 and 7 pounds.
Crowd funding isn’t really about raising money. It’s about gathering data and contact information whose long-term value far outweighs the one-time cash that comes in. A group of crowd funding experts hammered that point home at an Oct. 20 event hosted by the Central Coast MIT Enterprise Forum at UC Santa Barbara. Crowd funding, in Read More →