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Investors jump on FastSpring as revenue soars

By   /  Friday, April 26th, 2013  /  Technology, Top Stories  /  Comments Off on Investors jump on FastSpring as revenue soars

Santa Barbara-based e-commerce company FastSpring has potentially received as much as $12.4 million in venture capital and has plans to boost hiring in the region. FastSpring, which was founded in 2005, saw its revenue reach $95 million last year. Despite having topped the Business Times’ list of fastest-growing companies and ranking high on national and Read More →

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They’ve got the data and cash: HG garners $2M for expansion

By   /  Friday, March 22nd, 2013  /  Features, Technology  /  Comments Off on They’ve got the data and cash: HG garners $2M for expansion

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FindTheBest raises $11M

By   /  Tuesday, March 5th, 2013  /  Technology  /  Comments Off on FindTheBest raises $11M

Santa Barbara-based FindTheBest has raised $11 million in venture capital from New World Ventures and Kleiner Perkins Caufield & Byers, among others. FindTheBest has created a comparison engine that weaves data together from credible sources to help users make decisions about everything from where to take a ski trip, where to go to college or Read More →

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Xirrus raises $10.1M

By   /  Friday, February 22nd, 2013  /  Banking & Finance, Latest news, Technology  /  Comments Off on Xirrus raises $10.1M

Thousand Oaks-based wireless firm Xirrus has raised $10.1 million in venture capital, bringing its total operational funding to an estimated $90 million. The latest funding round was disclosed in securities filings and follows a $23.7 million round in September 2012 that was led by existing investors August Capital, Canaan Partners, InterWest Partners, QuestMark Partners and Read More →

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RightScale plans hiring spree with fresh $15.6M

By   /  Friday, February 22nd, 2013  /  Technology, Top Stories  /  Comments Off on RightScale plans hiring spree with fresh $15.6M

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Lynda.com boots up with $103M in fresh capital

By   /  Friday, January 18th, 2013  /  Technology, Top Stories  /  1 Comment

In a move that could change online education, Carpinteria-based lynda.com has raised $103 million from a group of investors and has plans to expand into international markets. Lynda.com, one of the fastest-growing firms in the Tri-Counties, has never before taken outside investment in its 17-year history. Founded in Ojai by Lynda Weinman and her husband Read More →

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Lynda.com raises $103M

By   /  Wednesday, January 16th, 2013  /  Banking & Finance, Latest news, Technology  /  1 Comment

In a move that could change online education, Carpinteria-based lynda.com has raised $103 milllion from a group of investors, marking the first time the company has taken outside funding in its 17-year history. Lynda.com, one of the fastest-growing firms in the Tri-Counties, employs about 400 people and generated $100 million in revenue in 2012. It Read More →