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Santa Barbara Investors Back Solvvy

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The Investment Group of Santa Barbara (IGSB) is one of the backers this week in machine learning and artificial intelligence software developer Solvvy. Solvvy says it has raised $4.5M Solvvy says it has raised $4.5M Solvvy is based in Palo Alto. READ MORE>>.

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Investment Group of Santa Barbara Backs Mindflash

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The Investment Group of Santa Barbara is the primary backer of a developer of online training software for corporations, which announced a funding round Thursday. Mindflash , a Silicon Valley-based developer of online software for learning management and developing corporate training, said it raised $3.5M

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Santa Barbara Gets Another $100M Plus Exit, At Aurrion

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Add another, high dollar exit for a young startup in Santa Barbara, adding to the region's growing list of successful technology exits: Aurrion. Aurrion is a spinout of UC Santa Barbara, and develops technology being used to make high speed optical networking in a more cost effective manner. READ MORE>>.

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Santa Barbara Investor Puts $4M Into Mindflash

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The Investment Group of Santa Barbara , a venture capital investment group based in Santa Barbara, has invested $4M in funding for a developer of a web-based cloud training software firm, Mindflash , Mindflash said today. The firm is led by Donna Wells, the former CMO of Mint.com. READ MORE>>.

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RightScale Expands In Santa Barbara

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Santa Barbara-based RightScale , the developer of cloud computing software, is expanding its space in Santa Barbara, according to a report. RightScale is venture backed by Tenaya Capital , DAG Ventures, Benchmark Capital , Index Ventures , and Presidio Ventures.

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Google Funds LA, San Diego, Santa Barbara Researchers

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Search engine giant Google announced Tuesday that the firm is funding a number of University research projects, including a group of researchers at UC San Diego, a researcher at UC Santa Barbara, and a researcher in Los Angeles. Tags: google search engine research development.

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Yardi Wins Property Development Company

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Santa Barbara-based Yardi reported a customer win this week, with multifamily property development company Pennrose Management. Pennrose develops and operates housing communities in the eastern half of the United States. Pennrose develops and operates housing communities in the eastern half of the United States.