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Crowdfunding firm makes buy

By   /  Monday, September 30th, 2013  /  Banking & Finance, Technology  /  Comments Off on Crowdfunding firm makes buy

InvestedIn, the crowdfunding technology platform founded by Conejo Valley entrepreneur Alon Goren, has acquired MyNewFinancialAdvisor, a Santa Barbara startup. Together, the firms have created InvestedIn Alpha, which aims to give affluent-but-not-elite investors the chance to buy directly into private-equity funds, hedge funds, venture-capital funds and other vehicles where the minimum investment has often started at Read More →

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AnsibleWorks boots up with $6M in funding

By   /  Friday, August 16th, 2013  /  Banking & Finance, Technology, Top Stories  /  Comments Off on AnsibleWorks boots up with $6M in funding

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Calient snags $27M amid bandwidth boom

By   /  Friday, July 26th, 2013  /  Technology, Top Stories  /  Comments Off on Calient snags $27M amid bandwidth boom

Santa Barbara-based photonics firm Calient Technologies has raised $27 million in venture capital and hired a new chief financial officer to lead growth. The latest funding round brings Calient’s total raised over the past two years to $46.4 million. Calient’s core technology is what are called micro electromechanical devices — MEMs for short. On a Read More →

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Calient raises $27M, hires new CFO

By   /  Wednesday, July 24th, 2013  /  Technology  /  Comments Off on Calient raises $27M, hires new CFO

Santa Barbara-based photonics firm Calient Technologies has raised $27 million in venture capital and hired a new chief financial officer to lead growth. The firm said July 24 that it raised the round from a combination of new and existing investors and that the funding will be used to enhance its portfolio of 3D micro Read More →

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Lastline raises $10M in fresh funding

By   /  Friday, July 12th, 2013  /  Banking & Finance, Technology, Top Stories  /  Comments Off on Lastline raises $10M in fresh funding

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Cal Poly student startup sold

By   /  Thursday, May 23rd, 2013  /  Central Coast, Latest news, Technology  /  Comments Off on Cal Poly student startup sold

A San Luis Obispo startup founded by Cal Poly students has been acquired by a Silicon Valley firm, marking the second sale of a student business from the school in two years. Quest.to, which was founded during a Startup Weekend event in 2012 and then attended the HotHouse summer accelerator program organized by the school’s Read More →

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Asta Fluidic takes top spot at UCSB competition

By   /  Thursday, May 23rd, 2013  /  Health Care & Life Science, Latest news, Technology  /  Comments Off on Asta Fluidic takes top spot at UCSB competition

A UC Santa Barbara team developing a cheap and easy technology to test for a serious pregnancy complication is the winner of the school’s 14th annual New Venture Competition. Asta Fluidic Technologies is developing a chip that could drastically reduce the time and cost of testing for fetomaternal hemorrhage, a condition in which the red Read More →