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Surf Air Expands To Santa Barbara

socalTECH

In what could help Santa Barbara further increase its influence in the high tech world, Surf Air , the subscription-membership based, all-you-can-fly airline headed by Wade Eyerly, said today that it has added Santa Barbara to its daily schedule. Surf Air launched its service between Burbank and San Francisco in June.

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Lead Edge Capital Raises $150M Fund

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Santa Barbara- and New York-based Lead Edge Capital, a private equity investor which focuses on growth stage investments in technology companies, said on Wednesday that it has raised $150M in a new fund. According to the company, the new fund will be used for public equity investments. by Fastly).

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Investment Group of Santa Barbara Backs Mindflash

socalTECH

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. during 2012 from the Investment Group of Santa Barbara. READ MORE>>.

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Santa Barbara Investor Puts $4M Into Mindflash

socalTECH

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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Cadrilla Capital Acquires Agilence

socalTECH

A new, Santa Barbara-based private equity investment company Cuadrilla Capital says it has acquired a Mt. Laurel Township, New Jersey-based company, Agilence. Abraham was previously at Clearlake Capital and Marlin Equity Partners. Financial details of the deal were not announced.

Capital 100
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Lead Edge Capital Raises Fifth Fund, Worth $950 Million

socalTECH

Santa Barbara- and New York-based Lead Edge Capital , a growth focused, technology investment fund, announced this morning that it has raised $950M in a new fund, Lead Edge Capital V, LP. The company said the funding came from over 500 existing and new limited partners, and was oversubscribed and closed at its hard cap.

Capital 100
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eyko Raises $2.5M For Data Software

socalTECH

Santa Barbara-based Eyko, a new startup focused on "data preparation, blending, and streaming", says it has raised $2.5M in a Seed funding round, the company announced this morning. The company said its software moves technical data preparation tasks usually performed by IT to non-technical business users.

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