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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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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.

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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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QAD Acquiring German Company, Allocation Network GmbH

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Santa Barbara-based QAD , which develops enterprise software used in the manufacturing sector, says it is in a definitive agreement to acquire a German company, Allocation Network GmbH , which provides strategic sourcing and supplier management.

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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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QAD Precision Wins British Car Parts Company

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Santa Barbara-based QAD Precision , the division of QAD which develops global trade management and transportation execution software, has scored a win with British car parts company Rimmer Bros. Financial impact of the win were not announced. QAD Precision said that Rimmer BRos.

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Yardi Wins Insurance Company

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Santa Barbara-based Yardi , the developer of real estate and property management software, reported a win Monday with American National Insurance Company. Yardi said that American National is using the company''s technology for property management and accounting. Size of the win was not announced. READ MORE>>.

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