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A new study released earlier this month has ranked the SantaBarbara-Santa Maria-Goleta metropolitan area, as well as the San Diego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. Los Angeles-Long Beach-Santa Ana ranked further down on the list, at number 16, at $13.1M
Amazon is in a major expansion in SantaBarbara, with plans to hire as many as 300 people in a new, three story downtown location, all working as part of the Amazon Alexa team. Amazon's Alexa technology powers the many, voice-powered devices that connect into Amazon. Image: some of the devices powered by Amazon Alexa).
SantaBarbara, one of Southern California's technology centers, has a unique problem: how do you scale out your technology staff, despite intense competition from the firm's large number of technology companies, expensive cost-of-living, limited real estate, and a fairly long trek from the rest of the region for commuters?
In a major, patent lawsuit, the University of California, SantaBarbara has sued the five biggest retailers of filament "Edison-style" LED lighting, saying all of those bulbs violate patents held by UC SantaBarbara. UC SantaBarbara says it is being represented by Nixon Peabody LLP. READ MORE>>.
A new report issued today, detailing technology jobs employment concentration in the United States, shines some light on where the highest concentrations of tech jobs are in the region. percent of private jobs in the technology sector, ranked at number 13 nationwide; SantaBarbara-Santa Maria-Goleta had 8.9
Later today I’m presenting at the annual Rincon Ventures Summit in SantaBarbara. Startup Exits: A Primer from msuster. I thought you might like to see an advance copy of what I’m going to cover. I speak privately a lot about getting an exit at a startup.
Kamran Pourzanjani , the former CEO and founder of PriceGrabber.com, and Omid Rahmat , the former CEO of Tom's Hardware, have acquired Portland- and SantaBarbara-based ELC Technologies , the development firm founded by Jonathan Siegel. According to ELC Technologies, Rahmat takes the helm of ELC. READ MORE>>.
Redfin , a tech-centric real estate brokerage firm based out of Seattle, said late last week that it has expanded into SantaBarbara and parts of Ventura County, bringing its website and mobile app into the SantaBarbara and surrounding areas. READ MORE>>.
Add another, high dollar exit for a young startup in SantaBarbara, adding to the region's growing list of successful technology exits: Aurrion. According to a 10-Q, quarterly filing from acquirer Juniper Networks on Thursday, it paid $165M for Goleta-based Aurrion, a fabless, wafer scale silicon photonic technology provider.
SantaBarbara-based CALIENT Technologies , a developer of photonic switching equipment, said this morning that it has raised $19.4M CALIENT Technologies is headed by Atiq Raza, and develops modular photonic switching systems. in a round of venture financing. The round came from both new and existing investors.
SantaBarbara-based D2 Technologies , a developer of embedded IP communications products, said today that it has enhanced its products to support multiple, Android device types. Tags: technologies voip software embedded android. READ MORE>>.
Superconductor Technologies , the developer of superconducting materials which was, until recently, located in SantaBarbara, said earlier this week that it has spun off a subsidiary working on its Reconfigurable Resonance (RcR) technology. is looking to find financing before actively developing its technology.
Amid hand wringing about an IPO slowdown in 2015, there's one shining region which had a banner IPO and acquisition year last year: SantaBarbara. The city and surrounding region, which has been a long time technology hub, had a huge IPO and exit year, according to an analysis conducted by socaltech. The biggest exit was the $1.5
SantaBarbara-based Superconductor Technologies , which was founded in 1987 in SantaBarbara and develops high temperature superconducting materials, is moving its headquarters out of the state, to Texas. The firm said it is taking advantage of that facility and its already-built clean room facilities.
Earlier this week, Deloitte released its latest list of the top 500 growing technology companies, in its 2012 Technology Fast 500. The full list follows: 13 EdgeCast Networks 21406% Santa Monica Alex Kazerani 15 Optimer Pharmaceuticals, Inc. 46 Local Splash 3034% Santa Ana Steve Yeich 60 Lpath, Inc. Gorman, Ph.D.
SantaBarbara-based whole home music system developer Sonos said late last week that it has made a big change to the way its products work, removing the need to connect one of its components to a user''s wireless router. sonos wireless technology wifi bridge music streaming whoel home' READ MORE>>.
A group of businesses and local organizations in Goleta, California, north of SantaBarbara, are looking to rally more businesses to join in their effort to spur new, direct flight support to San Jose, California, after a loss of the service in February.
SantaBarbara-based CALIENT Technologies said this morning that it has raised $27M in a round of venture funding, from both new and existing investors. VeriSign, CoWare (acquired by Synopsys), enStage, iPrint Technologies (acquired by American TonerServ Corp.), Names of those investors were not announced. READ MORE>>.
This holiday season, we are again sharing the reflections on the year from Southern California's technology community. This contribution is from John Greathouse , a longtime venture capitalist and also a professor at UC SantaBarbara, who was instrumental in Computer Motion's initial public offering and the sale of GoToMeeting to Citrix.
SantaBarbara-based Make It Work , the provider of in-home and on-site technical support and services headed by Eric Greenspan, said today that it has inked a deal to offer up its services for sale at Costco Wholesale Corporation locations in Southern California. The rollout will begin in Q4 of the year.
SantaBarbara-based RingRevenue , the developer of pay-per-call technology for the affiliate marketing industry, told its customers Friday that it has moved into a new space on East Figueroa Street in SantaBarbara. The firm said the move comes as it needed to accommodate new team members.
Naki Laundry''s service includes both an iPhone app as well as an Android app, and launched a pilot in SantaBarbara in September. Naki''s new coverage area includes Santa Monica, Venice, and Marina Del Rey, and themonthly subscription service will be priced by-the-bag (starting at $19.99). The company was founded by Shai Kedem.
SantaBarbara-based Channel Technologies Group , a manufacturer and supplier of piezo-electric ceramics, transducers along with systems and services, has been acquired by private equity firm Blue Wolf Capital Partners. Channel Technologies Group has approximately 250 employees. READ MORE>>.
SantaBarbara-based Innovative Micro Technology has added a new Vice President of Worldwide Sales, according to the company. innovative micro technology mems imtmems executive foundry semiconductor' READ MORE>>.
SantaBarbara-based Channel Technologies Group , a manufacturer of piezoelectric ceramics, transducers, and other related products, said Friday that it has acquired H.C. Channel Technologies Group acquired H.C. channel technologies group materials merger acquisition piezoelectronic electronics ultrasound'
SantaBarbara-based MEMs technology developer Innovative Micro Technology (IMT) said early this morning that it has received a majority equity financing from Cerium Technology. Cerium Technology is an investment firm focused on the Internet-of-Things (IoT) market. IMT is currently led by CEO Craig Ensley.
SantaBarbara-based CALIENT Technologies , which provides optical circuit switching technology, said today that it has linked up with American Networking Solutions to offer up a cyber-security product. calient technologies security cybersecurity optical switching hardware' READ MORE>>.
SantaBarbara-based optical circuit switching technology devleoper CALIENT Technologies said today that it has linked up with a 10-university research organization, to expand the use of optical circuit switching in software defined data center and metro networks. READ MORE>>.
Instead, grab your surfboard and head to UC SantaBarbara. Although UCSB has room to grow with regard to the total number of VC-backed startups it generates, the SantaBarbara region fares well when its relative size is taken into account. A version of this article previously appeared in Forbes. Organic Academia.
SantaBarbara-based Channel Technologies Group , which manufacturers sonar and navigation systems, piezoelectric ceramics, transducers, and other products used in the defense and other industries, said this morningthat ith as acquired Materials Systems Inc. , Materials Systems is based in Littleton, Mass., READ MORE>>.
The annual ranking of the fastest growing companies by Deloitte , the 2012 Deloitte Technology Fast 500, was released today, showing a healthy list of Southern California companies in growth mode. Trius Therapeutics was ranked at 42, with 3420% growth for the San Diego firm, and Santa Ana-based Local Splash was at 46, with 3034% growth.
According to DEMO, Thousand Oaks-based Invested.In , SantaBarbara-based Phone Halo , San Diego-based Tastr , and Los Angeles-based Immitter will all be presenting at the technology launch conference. DEMO has traditionally been a major launch event for startups and new technology products.
The Los Angeles winners of the Deloitte Fast 500 ranking of fastest growing companies was announced last night at an event at Santa Monica's Shutters on the Beach, with 26 companies recognized in the overall 2011 Technology Fast 500, and three "Technology Rising Stars" recognized in the Los Angeles area.
SantaBarbara-based Make It Work said today that it has signed a national syndication agreement with Envision Radio Networks , which will make the firm's technology radio show available to radio stations nationwide. Both shows are hosted by Make It Work co-founder and Chief Technology Officer Jeremy Anticouni.
The UC SantaBarbara has received a big boost to the firm's technology programs with a $50M gift from the Chairman of Oracle and his wife, Jeff and Judy Henley. Jeff Henley, who is a UCSB graduate, is currently Chairman of the Board of Oracle, and served as Chief Financial Officer of the company from 1991 to 2004.
SantaBarbara-based C-Zero, a startup developing natural gas decarbonization technology--based on research out of UCSB--has raised $11.5M The company said the funding will go towards accelerating its first commercial-scale deployment of its technology. The company said it is actively hiring in SantaBarbara.
SantaBarbara-based CALIENT Technologies said Friday that it has named Jag Setler as the company''s Chief Operating Officer. CALIENT Technologies develops optical circuit switching technology. CALIENT''s optical switching technology is based on a semiconductor process for manufacturing MEMS mirrors.
SantaBarbara-based optical switching technology developer Calient Technologies said this morning that it has named Erik Leonard as its Senior Vice President of Sales. He also has served at Lineage Power, on2 Technologies, Narus, Maple Optical Systems, Cisco Systems, GTE Internetworking, and AT&T Data networks.
On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. The incubator so far includes startups Lottay , Geodelic , and a number of other Internet and other technology firms.
SantaBarbara- and New York-based clean technology investor NGEN Partners has scored an exit at Choose Energy , a startup which lets consumers comparison shop for and select electric energy providers, according to a report. The report, from Fortune, said the deal was worth less than $100M. READ MORE>>.
SantaBarbara-based Reactful , a developer of artificial intelligence and machine learning software for website personalization, and 6sense , a devleoper of "account based orchestration" software for marketers, said they are in a new technology partnership. Financial terms of the deal were not announced. READ MORE>>.
SantaBarbara-based optical switching equipment maker CALIENT Technologies has launched a new, optical switching product into the market, called the CALIENT S320 Optical Circuit Switch. CALIENT said it has already begun customer trials of the product with government and commercial data center operators.
NastyGal is just one of a number of fashion-meets-technology startups to emerge in Los Angeles, which. has long been home to both technology and fashion--but, based on its trajectory, looks to be one of the fastest growing. across its many businesses, and has a surprising number of technology related jobs. Rubicon Project.
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