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

socalTECH

Add another, high dollar exit for a young startup in Santa Barbara, 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.

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Live Data Technologies Snags $5M

socalTECH

Santa Barbara-based Live Data Technologies said this morning that it has raised $5M in a Series A funding round. The company says it is developing software to verify B2B contact data for people, tracking people as they move jobs. Source of the funding was not announced.

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C-Zero Scores $11.5M For Decarbonization Technology

socalTECH

Santa Barbara-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 Santa Barbara.

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NEXT Energy Technologies Snags $13.4M In Series C

socalTECH

Santa Barbara-based NEXT Energy Technologies, a developer of a transparent, photovoltaic coating which turns commercial windows into energy producing solar panels, has raised $13.4M in a Series C funding. The funding was led by Alon Blue Square Israel, Ltd.

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IMT Acquired By Cerium Technology

socalTECH

Santa Barbara-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. READ MORE>>.

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Reactful, 6sense In AI Technology Partnership

socalTECH

Santa Barbara-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>>.

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Sonos Buys Snips For Voice Technology In $37.5M Deal

socalTECH

Santa Barbara-based Sonos said on Wednesday afternoon that it has acquired Snips , a developer of an artificial intelligence platform for enabling voice interaction with connected devices. According to Sonos, it paid approximately $37.5M for Snips, subject to purchase price adjustments and holdbacks. READ MORE>>.