Wednesday, April 26, 2017

Bay Area Tech Wire - April 26

==========================================
BAY AREA TECH WIRE -- April 26, 2017
==========================================
Sponsored By: Baird Global Technology Investment Banking
http://techservices.rwbaird.com/investment-banking/


o
Palo Alto-Based Robinhood Raises $110 Million in Third Round of Funding
o Pleasanton-Based 802 Secure Lands $6 Million in Funding
o
San Francisco-Based Engine Yard Acquired by Crossover
o
Oakland-Based Globetouch Names Riccardo Di Blasio as New CEO
o
Palo Alto-Based Palantir Settles Federal Hiring Discrimination Case
> Baird Commentary: How the IoT Revolution Is Driving Consolidation
o Briefly Noted:
Intertrust Technologies - Google, GoPro
_____________________________________________

> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)

--8 Habits of Effective Critical Thinkers
--Baird Global Technology Investment Banking

Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section

Post Job/Event/Marketplace ad at: http://www.bayareatechwire.com

_____________________________________________

o Palo Alto-Based Robinhood Raises $110 Million in Third Round of Funding

Palo Alto, Calif. -- Robinhood, the Palo Alto-based developer of a financial services platform that lets users invest in U.S. stocks and ETFs commission-free, said on Wednesday it has raised $110 million in its third round of funding. The round, led by DST Global, values the company at $1.3 billion. Previous backers Index Ventures, NEA and Ribbit Capital, as well as new investors Greenoaks Capital and Thrive Capital participated in the round, bringing the company's total funding to $176 million. Launched publically just two years ago, Robinhood recently surpassed 2 million users of its mobile app and $50 billion in transaction volume. The company's premium service, Robinhood Gold, also offers margin, extended hours trading and instant deposits starting at $10 a month. The company, which plans to use the proceeds to expand its products and services, also generates revenue from interest and order flow. "We… look forward to sharing Robinhood with more people so everyone can participate in the U.S. financial markets," said co-founder and co-CEO Baiju Bhatt.
https://robinhood.com/ 
http://www.businesswire.com/news/home/20170426005362/en/Robinhood-Announces-110-Million-Funding-DST-Global 
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o Pleasanton-Based 802 Secure Lands $6 Million in Funding

Pleasanton, Calif. -- 802 Secure, a Pleasanton-based developer of technology designed to scan air space to reveal every RF-emitting device on premise, said on Wednesday it has landed $6 million in a new round of funding, led by Daylight Investors. The company said it will use the proceeds to further develop its two core products -- an Internet of Things defense platform and a cybersecurity monitoring tool for first responders. "IoT fragmentation, disparate standards and legacy security technologies repurposed for IoT have left organizations ill-equipped in securing their wireless networks and devices," said Mike Raggo, 802 Secure's newly hired chief security officer, adding that his company's technology "simplifies deployment, assessment and protection of current IoT and legacy wireless networks, while paving the path to adapt to new wireless risks and threats."
http://802secure.com 
https://finance.yahoo.com/news/802-secure-receives-6m-investment-100000764.html 
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o San Francisco-Based Engine Yard Acquired by Crossover

San Francisco -- Engine Yard, the San Francisco-based provider of a cloud platform and support for Ruby on Rails, said it has been acquired by Texas-based Crossover, a provider of cloud-based Ruby development teams. Financial terms of the deal were not disclosed. "By combining these two, we can now move up the stack and create a full stack Ruby on Rails experience," said Andy Tryba, the CEO of Crossover and the new Engine Yard. The moves comes weeks after Engine Yard announced the sale of Deis, a provider of open-source tools to manage Kubernetes deployments, to Microsoft to refocus on Ruby on Rails.
http://www.engineyard.com 
http://www.crossover.com 
http://www.prnewswire.com/news-releases/engine-yard-a-leader-in-ruby-on-rails-acquired-by-crossover-to-become-a-full-stack-ruby-platform-300444820.html 
_____________________________________________

o Oakland-Based Globetouch Names Riccardo Di Blasio as New CEO

Oakland -- Globetouch, an Oakland-based provider of global connectivity services and analytics, on Wednesday named Riccardo Di Blasio as its CEO. He succeeds Ori Sasson, who will continue as vice chairman. Di Blasio most recently was the chief operating officer (COO) of Cohesity, and previously held key executive roles at companies including EMC and VMware. "His extensive experience in the enterprise sector will enable us to expand our presence in the IoT space," said Sasson. Globetouch's cloud-based virtual network provides connectivity for a wide range of devices and operators in more than 100 countries.
http://www.globetouch.com
http://www.globetouch.com/news/globetouch-appoints-new-ceo-riccardo-di-blasio/ 
_____________________________________________

o Palo Alto-Based Palantir Settles Federal Hiring Discrimination Case

Palo Alto, Calif. -- Palantir Technologies, a Palo Alto-based computer software and services company specializing in data analysis, will pay nearly $1.7 million in back wages and extend job offers to eight people to settle hiring discrimination charges with the U.S. Department of Labor. The charges, levied by the department's Office of Federal Contract Compliance Programs (OFCCP), alleged that Palantir discriminated against Asian applicants in the hiring and selection process for engineering positions. As a federal contractor, the company is prohibited from discriminating in employment on the basis of race, color, sex or national origin, and is required to take affirmative action to ensure equal opportunities. OFCCP filed a complaint against Palantir in September following an investigation.
https://www.palantir.com/ 
https://www.dol.gov/newsroom/releases/ofccp/ofccp20170425  
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Baird Commentary: How the IoT Revolution Is Driving Consolidation

In a recent commentary on the ever-evolving Internet of Things (IoT) revolution, Baird's senior technology bankers discuss how the proliferation of IoT-enabled software and services and ongoing industry consolidation.

Today's sophisticated IoT software and systems not only connect disparate devices, they collect, verify and cleanse data -- diminishing the long-time challenge of cutting through "noise" inherent to data aggregation and facilitating in-depth analysis and application of the collected information into actionable intelligence. This IoT revolution is quickly catching up to its hype by transforming businesses across many sectors. The value of IoT technology has become imperative, and growing demand is fueling tremendous acquisition interest from a diverse range of buyers, pushing competition higher and accelerating consolidation in the space.

Read Baird's insights into this rapidly evolving space and the related M&A activity:

http://www.rwbaird.com/news/Unlocking-Intelligence 

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o Briefly Noted:

(Sunnyvale, Calif.) Sunnyvale-based Intertrust Technologies, a developer of digital rights management, software tamper resistance and privacy-driven data platforms, said on Wednesday it has launched PatentShield, a new intellectual property program designed to help startups defend against patent litigation threats. The new program will make a large selection of patents, including a large number from partner Google, available through a defensive portfolio curated by the company.
http://www.intertrust.com/patentshield/ 

(San Mateo, Calif.) San Mateo-based wearable camera company GoPro has named Susan Lyne to its board of directors. Lyne in the founder and president of AOL-backed investment fund BBG Ventures. She also previously served as CEO of the AOL Brand Group, CEO and then chair of Gilt.com and president and CEO of Martha Stewart Living Omnimedia.
https://gopro.com/news/Susan-Lyne-Joins-Board-of-Directors 

===================================================
Job/Event/Services Listings:
===================================================
To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
7,000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300

> 8 Habits of Effective Critical Thinkers

Critical thinking - the ability to make decisions, solve problems, and take appropriate action - has been identified as a key skill by educators, business leaders and governments. Here are eight ways to become a better critical thinker at work and in life.
http://www.fairfaxcountyeda.org/bay-area-tech-wire

_____________________________________________


> Baird Commentary: How the IoT Revolution Is Driving Consolidation

In a recent commentary on the ever-evolving Internet of Things (IoT) revolution, Baird's senior technology bankers discuss how the proliferation of IoT-enabled software and services and ongoing industry consolidation. Today's sophisticated IoT software and systems not only connect disparate devices, they collect, verify and cleanse data -- diminishing the long-time challenge of cutting through "noise" inherent to data aggregation and facilitating in-depth analysis and application of the collected information into actionable intelligence. This IoT revolution is quickly catching up to its hype by transforming businesses across many sectors. The value of IoT technology has become imperative, and growing demand is fueling tremendous acquisition interest from a diverse range of buyers, pushing competition higher and accelerating consolidation in the space. Read Baird's insights into this rapidly evolving space and the related M&A activity: http://www.rwbaird.com/news/Unlocking-Intelligence 

_____________________________________________


> Advertising on Bay Area Tech Wire

Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and grow your business. Reach more than 7,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/

===================================================
Subscribe to other newsletters from Tech Wire Media Group:

Potomac Tech Wire: http://www.potomactechwire.com
Bay Area Tech Wire: http://www.bayareatechwire.com
New England Tech Wire: http://www.newenglandtechwire.com

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Copyright: CapWire Inc. 2017


 

 

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Tuesday, April 25, 2017

Bay Area Tech Wire - April 25

==========================================
BAY AREA TECH WIRE -- April 25, 2017
==========================================
To subscribe: www.bayareatechwire.com

o
Elliott Management's Menlo Park Arm Invests in ASG Technologies
o Palo Alto-Based Kyndi Names Marketo Veteran Amy Guarino as COO
o
Wikipedia Co-Founder Launches New Site to Help Combat "Fake News"
o
Survey: Dealmakers Expecting Tech M&A Activity to Accelerate
> 8 Habits of Effective Critical Thinkers
o Briefly Noted:
MapR Technologies, Marvell Technology Group
_____________________________________________

> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)

--8 Habits of Effective Critical Thinkers
--Baird Global Technology Investment Banking

Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section

Post Job/Event/Marketplace ad at: http://www.bayareatechwire.com

_____________________________________________

o Elliott Management's Menlo Park Arm Invests in ASG Technologies

Menlo Park, Calif. -- Hedge fund manager Elliott Management said on Tuesday that its Menlo Park-based Evergreen Coast Capital technology arm has invested an unspecified amount in Florida-based enterprise IT software company ASG Technologies. Elliott also said it plans to invest additional capital into the company to support growth, both organically and through acquisitions. ASG, led by CEO Charles Sansbury, has developed software products focused on content management, systems management, workspaces and enterprise data intelligence. The company boasts more than 4,000 customers. "This will be our second stint investing behind Charles who helped lead The Attachmate Group," said Jesse Cohn, senior portfolio manager at Elliott. "We are enthusiastic about the prospects of investing more capital in ASG to grow the business."
http://www.asg.com
http://www.businesswire.com/news/home/20170425005482/en/ASG-Technologies-Group-Receives-Strategic-Investment-Elliott 
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o Palo Alto-Based Kyndi Names Marketo Veteran Amy Guarino as COO

Palo Alto, Calif. -- Kyndi, a Palo Alto-based developer of artificial intelligence technology, on Tuesday named Amy Guarino as its chief operating officer (COO). Guarino most recently served as the vice president of customer sales at Marketo, and also was an executive with Marketo KK (Japan), a joint venture between Marketo, Dentsu eMarketing One and Sunbridge. In her new role, she will be responsible for all of the company's go-to-market activities, as well as its operations. "Amy brings a spectacular track record and deep understanding of how to build a successful software company," said CEO Ryan Welsh.
http://www.kyndi.com
http://www.businesswire.com/news/home/20170425005627/en/Artificial-Intelligence-Innovator-Kyndi-Appoints-Sales-Marketing 
_____________________________________________

o
Wikipedia Co-Founder Launches New Site to Help Combat "Fake News"

London -- Hoping to curb the growing problem of online "fake news," the co-founder of Wikipedia on Tuesday launched a new spinoff site that aims to fact-check articles. The site, Wikitribune, will pair professional journalists with volunteers assigned to vet them for accuracy. "This will be the first time that professional journalists and citizen journalists will work side-by-side as equals writing stories as they happen, editing them live as they develop, and at all times backed by a community checking and rechecking all facts," founder Jimmy Wales told the U.K. Guardian. Wales said the inspiration for the site came from Trump spokesperson Kellyanne Conway's reference to "alternative facts." The site, which will be supported by a crowd-funding campaign, plans to cover issues such as U.S. and U.K. politics, as well as an array of science and technology issues. The new site is not affiliated with the San Francisco-based Wikimedia Foundation, which operates Wikipedia.
https://www.wikitribune.com/ 
https://en.wikipedia.org/wiki/Wikitribune 
https://www.theguardian.com/technology/2017/apr/25/wikipedia-founder-jimmy-wales-to-fight-fake-news-with-new-wikitribune-site 

_____________________________________________

o Survey: Dealmakers Expecting Tech M&A Activity to Accelerate

San Francisco -- Following a slowdown in technology M&A deals during the first quarter, deal activity is expected to accelerate over the remainder of 2017, according to a new survey of more than 150 executives and investment bankers by Morrison & Foerster. More than half the respondents (52%) still expect deal flow to top last year's levels, while 54% forecast an increase in private equity activity, as well. "The survey forecast represents the most bullish outlook in two years," said Robert Townsend, the co-chair of Morrison & Foerster's Global M&A Practice Group. "The slight slowdown in Q1 activity is almost entirely attributable to less shopping by corporate acquirers. Still, we are encouraged by the optimism around tech M&A in the U.S. for the rest of the year." Complete survey results are available at the link below.
https://www.mofo.com/special-content/spotlight-ma-and-leaders-survey/ 
_____________________________________________

o Briefly Noted:

(San Jose, Calif.) San Jose-based MapR Technologies, developer of a converged data platform, on Tuesday named George Roberts to its board of directors. Roberts previously served as the executive vice president of North America at Oracle. He will serve as the nominating and corporate governance committee, and as chair of the compensation committee.
https://mapr.com/company/press-releases/board-of-directors-george-roberts/ 

(Santa Clara, Calif.) Santa Clara-based Marvell Technology Group, a developer of storage, networking and wireless connectivity tools, on Tuesday named Neil Kim as its chief technology officer (CTO). Kim most recently served as the executive vice president of operations and central engineering at Broadcom, and earlier was the vice president of engineering at Western Digital.
http://www.marvell.com/company/news/pressDetail.do?releaseID=9116 

===================================================
Job/Event/Services Listings:
===================================================
To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
7,000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300

> 8 Habits of Effective Critical Thinkers

Critical thinking - the ability to make decisions, solve problems, and take appropriate action - has been identified as a key skill by educators, business leaders and governments. Here are eight ways to become a better critical thinker at work and in life.
http://www.fairfaxcountyeda.org/bay-area-tech-wire

_____________________________________________


> Baird Commentary: How the IoT Revolution Is Driving Consolidation

In a recent commentary on the ever-evolving Internet of Things (IoT) revolution, Baird's senior technology bankers discuss how the proliferation of IoT-enabled software and services and ongoing industry consolidation. Today's sophisticated IoT software and systems not only connect disparate devices, they collect, verify and cleanse data -- diminishing the long-time challenge of cutting through "noise" inherent to data aggregation and facilitating in-depth analysis and application of the collected information into actionable intelligence. This IoT revolution is quickly catching up to its hype by transforming businesses across many sectors. The value of IoT technology has become imperative, and growing demand is fueling tremendous acquisition interest from a diverse range of buyers, pushing competition higher and accelerating consolidation in the space. Read Baird's insights into this rapidly evolving space and the related M&A activity: http://www.rwbaird.com/news/Unlocking-Intelligence 

_____________________________________________


> Advertising on Bay Area Tech Wire

Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and grow your business. Reach more than 7,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/

===================================================
Subscribe to other newsletters from Tech Wire Media Group:

Potomac Tech Wire: http://www.potomactechwire.com
Bay Area Tech Wire: http://www.bayareatechwire.com
New England Tech Wire: http://www.newenglandtechwire.com

Advertising: If you are interested in advertising in our newsletters, call
Paul Sherman at 1-301-656-0057 x1103 or send email to paul@techwiremedia.com

News tips, press releases. Send email to:
editorial@bayareatechwire.com

Tech Wire Mailing Address:
P.O. Box 15180
Washington, DC 20003

Copyright: CapWire Inc. 2017


 

 

 

To unsubscribe/change profile: click here

To subscribe: click here

Monday, April 24, 2017

Bay Area Tech Wire - April 24

==========================================
BAY AREA TECH WIRE -- April 24, 2017
==========================================
Sponsored By: Fairfax County Economic Development Authority
http://www.fairfaxcountyeda.org/bay-area-tech-wire


o Spain's Grifols to Build $80 Million Manufacturing Facility in Emeryville
o
San Francisco's SSB BART Group Lands $40 Million from JMI Equity
o San Carlos-Based Personal Capital Promotes Jay Shah to CEO
o FTC Approves Settlement with Redwood City-Based Turn
o
Survey: Declining Worldwide Trust in the Internet Impacting E-Commerce
> 8 Habits of Effective Critical Thinkers
o Briefly Noted:
Roostify, Jaunt, Sentry Control Systems
_____________________________________________

> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)

--8 Habits of Effective Critical Thinkers
--Baird Global Technology Investment Banking

Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section

Post Job/Event/Marketplace ad at: http://www.bayareatechwire.com

_____________________________________________

o Spain's Grifols to Build $80 Million Manufacturing Facility in Emeryville

Emeryville, Calif. -- Grifols, a Spain-based developer of technology devices designed to detect or diagnose certain medical conditions, said on Monday it will build an $80 million biological manufacturing facility in Emeryville. The facility will manufacture a range of diagnostic antigens, including proteins expressed in E. coli, yeast and mammalian cells. The new facility is expected to be completed in 2018. The news follows a multi-year contract extension to continue supplying antigens to OraSure Technologies. "Grifols' expanded manufacturing capabilities will allow us to continue to meet the demand for our growing portfolio of specialized diagnostics reagents," said Ramon Biosca, vice president and general manager of of the company's Diagnostic Solutions unit.
http://www.grifols.com 
http://www.prnewswire.com/news-releases/grifols-strengthens-position-as-global-provider-of-diagnostic-testing-solutions-with-five-year-extension-of-orasure-technologies-agreement-and-a-new-manufacturing-facility-300443749.html 
_____________________________________________

o San Francisco's SSB BART Group Lands $40 Million from JMI Equity

San Francisco -- SSB BART Group, a developer of tools designed to help clients make technology more accessibility to people with disabilities, said on Monday it has landed a $40 million investment from software investment firm JMI Equity. The Virginia-based company, which has West Coast offices in San Francisco, said it will use the proceeds to expand its business and its core Accessibility Management Platform (AMP). "As the number of accessibility lawsuits rises, more organizations are realizing they lack the technical expertise to test and remediate their systems," said CEO Tim Springer. "Our [platform] steps in to fill the gap in their development team and integrates accessibility into the software development cycle. JMI's investment will allow us to grow our team, expand our reach and develop exciting features for AMP faster than we could do it alone." SSB, which plans to change its name to Level Access in the coming months, offers software, consulting and training that help clients comply with relevant laws, standards and guidelines, such as the Americans with Disabilities Act (ADA), Web Content Accessibility Guidelines (WCAG) and 21st Century Communications and Video Accessibility Act (CVAA).
http://www.ssbbartgroup.com 
http://www.ssbbartgroup.com/blog/ssb-bart-group-receives-40-million-strategic-growth-investment-jmi-equity/
_____________________________________________

o San Carlos-Based Personal Capital Promotes Jay Shah to CEO

San Carlos, Calif. -- Personal Capital, a San Carlos-based wealth management firm providing online financial tools and financial advisory services, said on Monday it has promoted Jay Shah to CEO. Shah, most recently the company's chief operating officer (COO), succeeds Bill Harris, who will continue as chairman. He also previously served as the chief information officer (CIO) of E-Loan. "I've worked with Jay since the early days of the company seven years ago, and I couldn't be more pleased to see him take on the role of CEO," said Harris. "In that time, he has occupied roles of successively increased responsibility and has always delivered." Personal Capital currently counts 1.3 million registered users and manages more than $4.2 billion of investment capital.
https://www.personalcapital.com/ 
http://www.prnewswire.com/news-releases/jay-shah-promoted-to-ceo-of-personal-capital-300443982.html 
_____________________________________________

o FTC Approves Settlement with Redwood City-Based Turn

Redwood City, Calif. -- The Federal Trade Commission (FTC) said it has approved a deal to settle charges against Redwood City-based digital advertising company Turn, which the agency said deceived consumers by tracking them online and through their mobile apps, even after they opted out. The company, whose technology is designed to help sellers target digital ads, first agreed to the settlement in December. According to the complaint, Turn used unique identifiers to track tens of millions of Verizon Wireless customers, even after they blocked or deleted cookies from websites. In addition, the agency alleged that Turn's opt-out mechanism only applied to mobile browsers, and did not block tailored ads on mobile apps as the company claimed. The settlement bars Turn from misrepresenting the extent of its online tracking or the ability of users to limit or control the company's use of their data. The company also must provide an effective opt-out for consumers and place a prominent link on its home page taking consumers to a disclosure explaining what information it collects and uses for targeted advertising.
https://www.ftc.gov/news-events/press-releases/2017/04/ftc-approves-final-consent-order-online-company-charged?utm_source=govdelivery  
_____________________________________________

o Survey: Declining Worldwide Trust in the Internet Impacting E-Commerce

Geneva, Switzerland -- Internet users around the globe are increasingly concerned about their online privacy, with 49% citing lack of trust as their main reason for not shopping online, according to a new survey by Ipsos and the Centre for International Governance Innovation (CIGI). The survey, conducted in collaboration with the United Nations Conference on Trade and Development (UNCTAD) and the Internet Society, comes as data breaches and the reported hacking of elections in several European countries continues to capture international headlines. "The lifeblood of the Internet is trust, and when that is damaged, the consequences for the digital economy are nearly irreparable," said Fen Osler Hampson, the director of CIGI's global security and politics program. The 24,225 Internet users surveyed listed cybercriminals (82%) as their top source of concern, followed by Internet companies (74%) and governments (65%). Lack of trust is most likely to keep people off e-commerce platforms in the Middle East, Africa and Latin America, suggesting that the potential gains of e-commerce are not spread evenly around the globe. The survey also revealed great differences in e-commerce behavior when it came to how users are purchasing goods online. For example, in China, India and Indonesia, more than 86% of respondents expect to make mobile payments on their smartphone in the next year, compared with less than 30% in France, Germany and Japan. The complete survey is at the link below.
https://www.cigionline.org/internet-survey 
_____________________________________________

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8 Habits of Effective Critical Thinkers

Critical thinking - the ability to make decisions, solve problems, and take appropriate action - has been identified as a key skill by educators, business leaders and governments. Here are eight ways to become a better critical thinker at work and in life.

http://www.fairfaxcountyeda.org/bay-area-tech-wire

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_____________________________________________


o Briefly Noted:

(San Francisco) San Francisco-based Roostify, a developer of automated mortgage transaction technology, on Monday named Frank Gelbart as its chief revenue officer. Gelbart most recently served as the president and CEO of Appfluent Technology, a business intelligence infrastructure company acquired by Attunity in 2015. Earlier, he was the vice president of worldwide sales at Peakstone.
https://www.roostify.com/press-release-archive/2017/4/24/roostify-names-frank-gelbart-as-chief-revenue-officer 

(Palo Alto, Calif.) Palo Alto-based Jaunt, a developer of hardware, software and other technology used in cinematic virtual reality, on Monday named Jean-Christophe Curelop as its head of sales. Curelop most recently served as the head of business development for digital media at Nokia, and previously served as a vice president at Paramount Pictures.
https://www.jauntvr.com/ 
http://www.businesswire.com/news/home/20170424006088/en/Jaunt-Expands-Sales-Leadership-Team-Addition-Jean-Christophe 

(Burlingame, Calif.) Van Nuys-based Sentry Control Systems, a developer of hardware and software for the parking industry, said on Monday it has opened a new office in Burlingame. The company recently completed the installation of a new parking package at Pier 39 in San Francisco, and its parent, Skidata, was selected last year by the San Francisco Municipal Transportation Agency to upgrade 22 parking garages throughout the city.
http://www.sentrycontrol.com
http://www.businesswire.com/news/home/20170424006189/en/Sentry-Control-Systems-Expands-San-Francisco-Bay 

===================================================
Job/Event/Services Listings:
===================================================
To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
7,000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300

> 8 Habits of Effective Critical Thinkers

Critical thinking - the ability to make decisions, solve problems, and take appropriate action - has been identified as a key skill by educators, business leaders and governments. Here are eight ways to become a better critical thinker at work and in life.
http://www.fairfaxcountyeda.org/bay-area-tech-wire

_____________________________________________


> Baird Commentary: How the IoT Revolution Is Driving Consolidation

In a recent commentary on the ever-evolving Internet of Things (IoT) revolution, Baird's senior technology bankers discuss how the proliferation of IoT-enabled software and services and ongoing industry consolidation. Today's sophisticated IoT software and systems not only connect disparate devices, they collect, verify and cleanse data -- diminishing the long-time challenge of cutting through "noise" inherent to data aggregation and facilitating in-depth analysis and application of the collected information into actionable intelligence. This IoT revolution is quickly catching up to its hype by transforming businesses across many sectors. The value of IoT technology has become imperative, and growing demand is fueling tremendous acquisition interest from a diverse range of buyers, pushing competition higher and accelerating consolidation in the space. Read Baird's insights into this rapidly evolving space and the related M&A activity: http://www.rwbaird.com/news/Unlocking-Intelligence 

_____________________________________________


> Advertising on Bay Area Tech Wire

Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and grow your business. Reach more than 7,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/

===================================================
Subscribe to other newsletters from Tech Wire Media Group:

Potomac Tech Wire: http://www.potomactechwire.com
Bay Area Tech Wire: http://www.bayareatechwire.com
New England Tech Wire: http://www.newenglandtechwire.com

Advertising: If you are interested in advertising in our newsletters, call
Paul Sherman at 1-301-656-0057 x1103 or send email to paul@techwiremedia.com

News tips, press releases. Send email to:
editorial@bayareatechwire.com

Tech Wire Mailing Address:
P.O. Box 15180
Washington, DC 20003

Copyright: CapWire Inc. 2017


 

 

To unsubscribe/change profile: click here

To subscribe: click here

Friday, April 21, 2017

Bay Area Tech Wire - April 21

==========================================
BAY AREA TECH WIRE -- April 21, 2017
==========================================
To subscribe: www.bayareatechwire.com


o
San Francisco-Based Gladly Raises $36 Million in Third Round of Funding
o Bosch to Move Silicon Valley Tech Center to Larger Space in Sunnyvale
o
San Francisco-Based ClearCare Acquires HomeTrak
o
San Francisco-Based AdRoll Names Toby Gabriner as New President
o
Global Business Executives Bullish Despite Concerns About Politics
o Briefly Noted:
Marketo
_____________________________________________

> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)

--Baird Global Technology Investment Banking

Full Job, Event, Marketplace and Services Descriptions Below in Classified Ad Section

Post Job/Event/Marketplace ad at: http://www.bayareatechwire.com

_____________________________________________

o San Francisco-Based Gladly Raises $36 Million in Third Round of Funding

San Francisco -- Gladly, the San Francisco-based developer of a customer support platform, said it has raised $36 million in its third round of funding, led by GGV Capital. Previous backers Greylock Partners and New Enterprise Associates (NEA) also participated in the round, which the company will use to expand internationally and further bolster its technology. Gladly's platform is designed to give agents a single view of customer communications across all channels, no matter what communication channel. "Legacy products… are all centered around tickets and cases. And they tend to silo the conversations inside of individual channels," wrote co-founder and CEO Joseph Ansanelli in a blog post. "In other words, a single phone call can kick off the creation of a new case number, and if a customer decides to then email, text, or tweet, a new case or ticket gets created for each and every subsequent communication -- that just doesn't make for a great customer experience."
https://www.gladly.com/ 
https://www.gladly.com/latest/2017-customer-service-survey-series-c-funding/  
_____________________________________________

o Bosch to Move Silicon Valley Tech Center to Larger Space in Sunnyvale

Sunnyvale, Calif. -- Bosch, the German Internet-of-Things technology giant, said on Friday it will relocate its Palo Alto-based Research and Technology Center to a new 104,000-square-foot facility in Sunnyvale. The move, to take place by the end of this year, will consolidate approximately 300 associates and interns currently working in three separate spaces. The new location, at 384 Santa Trinita Ave., will house team members from Bosch Corporate Research, Robert Bosch Venture Capital and other divisions. The new facility represents a $40 million commitment by the company over the span of a 10-year lease. "Not only is the new location larger and better suited for collaboration, it will also better position our associates to interact with the large, vibrant ecosystem of universities, research institutes, technology companies and startups that are key to our success in Silicon Valley," said Mike Mansuetti, the president of Robert Bosch LLC. Bosch first established its presence in Silicon Valley nearly 20 years ago.
http://www.boschusa.com 
http://www.businesswire.com/news/home/20170420006561/en/Bosch-Invests-Silicon-Valley-Operation-Announces-Expansion 
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o San Francisco-Based ClearCare Acquires HomeTrak

San Francisco -- ClearCare, the San Francisco-based developer of a technology platform for home care agencies, said it has acquired HomeTrak, a San Diego-based developer of private duty home care software. Financial terms of the deal were not disclosed. The combined company will serve more than 4,000 home care agencies, with offices in San Francisco, San Diego and Canada. ClearCare said it will continue to support HomeTrak's Companion products. Geoff Nudd, the founder and CEO of ClearCare, said the acquisition "extends ClearCare's skilled nursing capabilities as well as customer support resources for all of our combined home care agency customers." ClearCare's web-based platform helps manage all home care agency business functions, including scheduling, billing, payroll, senior-to-caregiver matching, CRM, HR, reporting and point-of-care management.
http://www.clearcareonline.com 
http://hometrak.com/ 
https://www.clearcareonline.com/hometrak-release 
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o San Francisco-Based AdRoll Names Toby Gabriner as New President

San Francisco -- AdRoll, the San Francisco-based developer of a performance marketing platform, has named Toby Gabriner as its new president, transitioning from his previous role as a strategic advisor to the company. He succeeds Adam Berke, a founding executive who will remain with the company as an advisor. Gabriner is the former president and CEO of Adap.tv, which was acquired by AOL in 2013, and has been working with AdRoll since October, focused on product and platform development. "After working with him for the past six months in his role as an advisor, I'm confident that we have a shared vision for AdRoll and a like-minded view of the incredible growth opportunities," said co-founder and CEO Aaron Bell.
http://www.adroll.com 
http://www.prnewswire.com/news-releases/adroll-appoints-pioneering-martech-executive-toby-gabriner-as-new-president-300442553.html 
_____________________________________________

o Global Business Executives Bullish Despite Concerns About Politics

Washington, DC -- Despite concerns about politics, three-quarters of companies plan to increase their foreign direct investment (FDI) in the next three years, according to a new report from strategy and management consulting firm A.T. Kearney. The U.S. figures to get the bulk of those investments, topping the firm's FDI Confidence Index for the fifth straight year. In fact, more than 40% of investors in the Americas say they're more optimistic about the regional economic outlook than they were a year ago. "The continued appeal of investing in the United States shows that global investors make decisions primarily based on economic fundamentals because FDI is a long-term commitment," said Erik Peterson, managing director of the firm's global business policy council and co-author of the study. "And in times of global uncertainty, such as we see today, the perceived safe haven status of the United States remains appealing." Germany, buoyed by its "business-friendly regulatory environment and improving economic prospects," moved up two spots to No. 2 in the index, while China fell one spot to No. 3. The complete report is available at the link below.
https://www.atkearney.com/gbpc/foreign-direct-investment-confidence-index  
_____________________________________________

o Briefly Noted:

(San Mateo, Calif.) San Mateo-based Marketo, a developer of engagement marketing software, has named Mark Miller chief financial officer (CFO). He succeeds Brian Kinion, who is leaving the company to pursue other opportunities. Miller most recently served as the CFO of ACTIVE Network, and previously was the executive vice president and CFO of LHP Hospital Group and Sabre Holdings. Marketo also has named Reggie Aggarwal, the founder and CEO of Cvent, to its board of directors.
http://www.marketo.com
http://www.prnewswire.com/news-releases/marketo-announces-cfo-board-of-directors-appointments-300441961.html 

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> Baird Commentary: How the IoT Revolution Is Driving Consolidation

In a recent commentary on the ever-evolving Internet of Things (IoT) revolution, Baird's senior technology bankers discuss how the proliferation of IoT-enabled software and services and ongoing industry consolidation. Today's sophisticated IoT software and systems not only connect disparate devices, they collect, verify and cleanse data -- diminishing the long-time challenge of cutting through "noise" inherent to data aggregation and facilitating in-depth analysis and application of the collected information into actionable intelligence. This IoT revolution is quickly catching up to its hype by transforming businesses across many sectors. The value of IoT technology has become imperative, and growing demand is fueling tremendous acquisition interest from a diverse range of buyers, pushing competition higher and accelerating consolidation in the space. Read Baird's insights into this rapidly evolving space and the related M&A activity: http://www.rwbaird.com/news/Unlocking-Intelligence 

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Thursday, April 20, 2017

Bay Area Tech Wire - April 20

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BAY AREA TECH WIRE -- April 20, 2017
==========================================
To subscribe: www.bayareatechwire.com


o
San Francisco-Based Getaround Lands $45 Million in Third Round
o Fremont-Based V5 Systems Raises $12 Million in New Funding Round
o San Mateo-Based Marketo Acquires San Francisco's ToutApp
o Mountain View-Based Omnicell Acquires InPharmics
o Briefly Noted:
MapR Technologies, RiskSense
_____________________________________________

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o San Francisco-Based Getaround Lands $45 Million in Third Round

San Francisco -- Getaround, the San Francisco-based developer of a peer-to-peer car-sharing platform, said on Thursday it has raised $45 million in its third round of funding, led by Braemar Energy Ventures. Toyota Motor Corp. and SAIC Capital, the investment arm of Shanghai Automotive, also participated, as well as previous backers Menlo Ventures and Triangle Peak Partners. The company said it will sue the funds to expand into additional North American markets and further develop its connected car technology, which allows people to find, rent and unlock cars through their mobile devices. Plans include further expansion in markets such as Chicago and Washington, DC, as well as launching into the Tri-State New Jersey area. "In 2017, we are excited to continue driving growth in existing markets, while also bringing Getaround to more communities across North America," said Jessica Scorpio, the company's co-founder and chief marketing officer (CMO). "This capital accelerates our ability to build upon partnerships and increase marketing efforts, further strengthening our ability to enable as many people as possible to share their cars." Neil Suslak of Braemar Energy Ventures and Noah Yago of Triangle Peak Partners have joined the company's board of directors.
http://www.getaround.com
https://www.getaround.com/press/library/2017/4/20-Getaround-Announces-45M-in-Financing 
_____________________________________________

o Fremont-Based V5 Systems Raises $12 Million in New Funding Round

Fremont, Calif. -- V5 Systems, a Fremont-based developer of self-powered computing and security platforms for the outdoors, said it has raised $12 million in a new round of funding, increasing its total backing to more than $20 million. The three-year-old company did not disclosed the identities of the investors in what it called its "A2" round. V5 currently focuses on three product lines, including self-powered edge security tools, self-powered edge computing platforms and a unit that can act as the sole power source for almost any hardware device in outdoor environments. The company currently is working with several partners, such as Dell EMC, Axis Communications, Intel, Foxlink, Nvidia, T Systems, Oracle, Arrow and VMware.
http://www.v5systems.us 
http://www.prnewswire.com/news-releases/v5-systems-closes-series-a2-round-of-12-million-bringing-total-funding-to-over-20-million-300441082.html  
_____________________________________________

o San Mateo-Based Marketo Acquires San Francisco's ToutApp

San Mateo, Calif. -- Marketo, a San Jose-based developer of engagement marketing software, said on Thursday it has acquired San Francisco-based ToutApp, a maker of sales campaign, content management and analytics software for sales teams. Financial terms of the deal were not disclosed. Marketo said the acquisition will allow it to offer technology tools designed to let marketing teams work even more closely with sales. "Brands that win today engage customers in a meaningful way at every step of the journey and this requires coordinated execution across the entire enterprise, particularly within sales and marketing," said CEO Steve Lucas. "Together, we'll enable marketing and sales teams to drive revenue and demand seamlessly." More than 100,000 salespeople and over 400 enterprise customers, including Citrix, GE, CA Technologies, Siemens, Revel, Tableau and Concur, currently use ToutApp. .
http://www.marketo.com
http://www.toutapp.com 
http://www.prnewswire.com/news-releases/marketo-acquires-sales-engagement-platform-toutapp-300442494.html 
_____________________________________________

o Mountain View-Based Omnicell Acquires InPharmics

Mountain View, Calif. -- Omnicell, a Mountain View-based developer of medication and supply management software for healthcare systems, said it has acquired Mississippi-based InPharmics, a provider of pharmacy informatics tools to hospital pharmacies. Financial terms of the deal were not disclosed. InPharmics currently serves more than 150 hospitals with tools that analyze drug cost by patient diagnosis, helping to optimize supply chain performance and comply with drug pedigree regulations. Omincell said the technology will bolster the capabilities of its Performance Center, which monitors pharmacy operations to help improve operational efficiency, regulatory compliance and patient outcomes.
https://www.omnicell.com/ 
http://showme.inpharmics.com/ 
https://www.omnicell.com/News_and_Events/Press_Releases/Omnicell_Acquires_InPharmics.aspx  
_____________________________________________

o Briefly Noted:

(San Jose, Calif.) San Jose-based MapR Technologies, developer of a converged data platform, on Thursday named Roger Siboni to its board of directors. Siboni previously served as the deputy chairman and chief operating officer (COO) of KPMG Peat Marwick and chairman, president and CEO of E.piphany.
https://mapr.com/company/press-releases/board-of-directors-roger-siboni/ 

(Sunnyvale, Calif.) Sunnyvale-based RiskSense, developer of a pro-active cyber risk management platform, on Thursday named Oliver Rochford as its security and product evangelist. Rochford is a former research director at Gartner, and previously worked as a security practitioner and white hat hacker for Tenable Network Security, HP Enterprise Security Services, Verizon Business, Secunia, Qualys and Integralis.
http://www.risksense.com/news/press-releases/Oliver-Rochford-Joins-RiskSense-as-Security-and-Product-Evangelist 

===================================================
Job/Event/Services Listings:
===================================================
To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
7,000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300

> Baird Commentary: How the IoT Revolution Is Driving Consolidation

In a recent commentary on the ever-evolving Internet of Things (IoT) revolution, Baird's senior technology bankers discuss how the proliferation of IoT-enabled software and services and ongoing industry consolidation. Today's sophisticated IoT software and systems not only connect disparate devices, they collect, verify and cleanse data -- diminishing the long-time challenge of cutting through "noise" inherent to data aggregation and facilitating in-depth analysis and application of the collected information into actionable intelligence. This IoT revolution is quickly catching up to its hype by transforming businesses across many sectors. The value of IoT technology has become imperative, and growing demand is fueling tremendous acquisition interest from a diverse range of buyers, pushing competition higher and accelerating consolidation in the space. Read Baird's insights into this rapidly evolving space and the related M&A activity: http://www.rwbaird.com/news/Unlocking-Intelligence 

_____________________________________________


> Advertising on Bay Area Tech Wire

Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and grow your business. Reach more than 7,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/

===================================================
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