Friday, May 26, 2017

Bay Area Tech Wire - May 26

==========================================
BAY AREA TECH WIRE -- May 26, 2017
==========================================
Sponsored By: Fairfax County Economic Development Authority
http://www.fairfaxcountyeda.org/bay-area-tech-wire

o
San Francisco's G2 Crowd Raises $30 Million in Second Round
o San Mateo-Based Reali Raises $5 Million, Expands Throughout Bay Area
o CTA: U.S. Smartphone Ownership Jumped 6% in Past Year
o Report: Federal Agencies Well Behind on Data Center Consolidation Plan
o Surey: Most U.S. Employees Optimistic That Technology Will Help Aid Careers
> Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both
o Briefly Noted: McorpCX, Small Business Administration
_____________________________________________

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

--Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both
--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's G2 Crowd Raises $30 Million in Second Round

San Francisco -- G2 Crowd, developer of a B2B review platform with offices in San Francisco and Chicago, said it has raised $30 million in its second round of funding, led by Accel. LinkedIn, Pritzker Group Venture Capital, G2's founders and other industry executives also participated in the round, which the company will use to accelerate the build-out of its platform across B2B categories and to further grow its community of contributors. To date, G2 Crowd has amassed more than 170,000 verified-user reviews of business software and services, which are made available for free to nearly 1 million site visitors a month. The site includes more than 25,000 products in over 800 categories. "B2B buyers are increasingly looking for real-time insights from peers, and we see an incredible opportunity to double down on our innovation and review collation to provide unique buying insights across a broad range of business technology and related services," said co-founder and CEO Tim Handorf.
https://www.g2crowd.com/ 
https://www.g2crowd.com/press-release/accel-leads-30m-series-b-g2-crowd-accelerate-growth-market-leading-b2b-review-platform/
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o San Mateo-Based Reali Raises $5 Million, Expands Throughout Bay Area

San Mateo, Calif. -- Reali, the San Mateo-based developer of a mobile real estate technology platform covering the buying, selling and home ownership experience, said it has raised $5 million in its first round of funding and expanded into all markets throughout the Bay Area. Signia Venture Partners led the round, which also included a group of prominent angel investors led by Warren Weiss. The company said it will use the proceeds to support technology development, brand marketing and market expansion. Reali also said it has launched an Android app, in addition to its existing iOS app. "We've experienced significant growth in a very short period of time and our scalable model is ready for new markets and platforms," said co-founder and CEO Amit Haller. "Reali's model has been particularly appealing to first time home buyers, and we're quickly gaining traction and repeat business from experienced homeowners." Ed Cluss, a partner at Signia Venture Partners, and Weiss have joined the company's board of directors. .
http://www.reali.com/
http://www.prnewswire.com/news-releases/reali-secures-funding-round--expands-in-sf-bay-area-to-provide-a-millennial-friendly-modern-real-estate-experience-300463521.html
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o CTA: U.S. Smartphone Ownership Jumped 6% in Past Year

Arlington, Va. -- Smartphones are now in 80% of U.S. homes -- a 6% increase from a year ago -- according to new research from the Consumer Technology Association (CTA). The organization also said that Americans now own 27 million more of the devices than they did just last year, with that trend expected to continue. "Three of the top five most frequently owned technology devices are products with screens -- televisions, smartphones and laptops -- and those numbers will continue to grow as one-third of consumers tell us they'll buy at least one smartphone in 2017, and one-fifth say they plan to buy a television or laptop in the coming year," said Steve Koenig, the CTA's senior director of market research. The complete report is available at the link below.
https://www.cta.tech/News/Press-Releases/2017/May/A-Smartphone-Surprise-U-S-Ownership-Hits-Record.aspx
_____________________________________________

o Report: Federal Agencies Well Behind on Data Center Consolidation Plan

Washington, DC -- Just four federal agencies -- the departments of Commerce, Defense, Homeland Security and Treasury -- have accounted for about 90% of the government's $2.3 billion in data center consolidation savings since 2012, Nextgov reported, citing a report from the Government Accountability Office (GAO). Defense and Treasury, along with the Departments of Interior and Agriculture, also account for 84% of the roughly 4,400 data centers so far closed under the plan, the publication said. The majority of other agencies, however, have yet to make significant progress under the Data Center Optimization Initiative. As a result, the federal government estimates that it will save just $656 million between 2016-2018, or $3.3 billion less than estimated in late 2015. The full story is at the link below.
http://www.nextgov.com/cloud-computing/2017/05/gao-agencies-get-data-center-plan/138012/?oref=nextgov_today_nl
_____________________________________________

o Survey: Most U.S. Employees Optimistic That Technology Will Help Aid Careers

Menlo Park, Calif. -- A new survey conducted by Harris Poll for venture capital firm IVP paints an optimistic picture of how U.S. employees view technology in their future careers. Over half of employed Americans (55%) say there will be significant technology improvements in the next five years to make them more productive in their job. And despite fears about technology automation threatening jobs, only 14% of employed Americans believe their job could be done by a machine within the next five years. In addition, roughly one in 10 people surveyed say they already use machine learning or artificial intelligence in their job. "This survey indicates most American employees feel optimistic that technology will help them in their jobs in the future," said Gina Bauman, IVP's senior vice president of marketing and investor relations. "In particular, most U.S. employees think technology-related skills will improve their future career prospects, and many are hungry for employers to provide training so they can use new technologies in their jobs." Complete details of the survey, which included responses from more than 1,100 employed U.S. adults, are at the link below.
https://www.ivp.com/news/press-release/new-ivp-survey-finds-majority-of-employed-americans-say-there-will-be-future-technology-improvements-in-next-five-years-to-make-them-more-productive-in-their-jobs/
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> Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both

Why do I have a hard time getting my employees to listen? Why do I struggle to inspire and motivate them? How can I motivate my employees while driving strong financial results? Many of today's leaders ask themselves these same questions. Here, we share three tips to become more "bankable."

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


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o Briefly Noted:

(San Francisco) San Francisco-based McorpCX, a provider of customer experience technology and services, has named Chris Beltgens to its board of directors. Beltgens currently serves as the vice president of corporate development at TAG Oil, and previously held roles at GMP Securities Europe, Macquarie Group and Tristone Capital.
http://www.mcorpcx.com/ 
http://www.prnewswire.com/news-releases/mcorpcx-appoints-new-director-to-its-board-of-directors-624493143.html

(Washington, DC) The Small Business Administration (SBA) said on Friday it has partnered with Synergy Solutions to launch a free series of web-based cybersecurity training sessions. The classes are first come, first serve and will accommodate no more than 50 participants at a time. They will aim to educate eligible small businesses about cybersecurity and steps they can take to protect their company's assets and intellectual property. Complete details are at the link below.
https://synergysolutions.talentlms.com/

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

> Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both

Why do I have a hard time getting my employees to listen? Why do I struggle to inspire and motivate them? How can I motivate my employees while driving strong financial results? Many of today's leaders ask themselves these same questions. Here, we share three tips to become more "bankable."
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
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News tips, press releases. Send email to:
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Tech Wire Mailing Address:
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Copyright: CapWire Inc. 2017


 

 

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Thursday, May 25, 2017

Bay Area Tech Wire - May 25

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


o
S.F.-Based Unity Technologies Lands Funding Commitment of Up to $400M
o Emeryville-Based Tanium Raises $100 Million in New Funding
o
San Francisco-Based Demandbase Lands $65 Million in New Funding Round
o
San Francisco-Based Spin Lands $8 Million for High-Tech Bike Sharing
o Thomas Carson to Retire as TiVo's President and CEO
o Briefly Noted:
Small Business Administration
_____________________________________________

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

--Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both
--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 S.F.-Based Unity Technologies Lands Funding Commitment of Up to $400M

San Francisco -- Unity Technologies, the San Francisco-based maker of a development platform for creating 2D, 3D, virtual and augmented reality games and experiences, said it has landed an investment commitment of up to $400 million from Silver Lake. The company said it will use the proceeds to continue the expansion of its virtual and augment reality capabilities, as well as its core engine. Egon Durban, managing partner at Silver Lake, will join the company's board of directors. "We look forward to partnering with Silver Lake… to enhance Unity's next stage of growth, allowing us to accelerate the advance of augmented and virtual reality in both gaming and non-gaming markets and continue to democratize development," said CEO John Riccitiello. Developers currently use Unity's platform to create more than 90,000 unique apps a month, which are downloaded over 1.7 billion times a month. The company also has established 3D visualization and virtual and augmented reality partnerships with Facebook, Microsoft and Google, as well as non-gaming clients such as Gensler, NASA's Jet Propulsion Laboratory and Audi.
https://unity3d.com/ 
http://www.prnewswire.com/news-releases/silver-lake-announces-strategic-investment-in-unity-technologies-300463456.html 
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o Emeryville-Based Tanium Raises $100 Million in New Funding

Emeryville, Calif. -- Tanium, the Emeryville-based developer of a platform that allows clients to quickly secure, control and manage millions of endpoints across the enterprise, said on Thursday it has raised $100 million in a new round of funding, led by TPG Growth. Previous backer IVP and several other investors also participated in the round, which valued the company at $3.75 billion. The company already has used some of the proceeds to repurchase shares from Tanium co-founder and Executive Chairman and David Hindawi, allowing him to fund charitable endeavors focused on early education and disadvantaged children. The balance will be used to provide liquidity to early employees and investors, as well as for general corporate purposes. Tanium now has raised $407 million since its inception. Other backers include Andreessen Horowitz, Geodesic Capital, T. Rowe Price, Franklin Templeton Investments and Citi Ventures.
http://www.tanium.com
http://www.businesswire.com/news/home/20170525005356/en/Tanium%E2%80%99s-Momentum-Continues-Latest-Raises-100-Million 
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o San Francisco-Based Demandbase Lands $65 Million in New Funding Round

San Francisco -- Demandbase, the San Francisco-based developer of an account-based marketing platform that spans advertising, marketing, sales and analytics, said it has raised $65 million in a new round of funding, co-led by previous backer Sageview Capital and new investor Silver Lake Waterman. Previous backers Adobe Systems, Altos Ventures, Greenspring Associates, Scale Venture Partners, Sigma Partners and Split Rock Partners also participated. Demandbase, which now has raised more than $150 million since its inception, said it will use the latest proceeds to further develop its artificial intelligence and machine learning technology, as well as increase adoption of its platform. "Companies spend more than $40 billion every year marketing themselves digitally to other businesses. ABM provides a much more efficient way to laser-target the right accounts and better align marketing spend with sales activity, said CEO Chris Golec. "This additional financing will allow us to fast-track the innovation behind our AI-powered ABM solutions." Demandbase's platform is used by clients such as Accenture, Adobe, Dell, DocuSign, GE, Grainger, McKesson, Oracle and Salesforce to better attract, engage and sell to customers.
https://www.demandbase.com 
https://www.demandbase.com/press-release/demandbase-raises-65-million-in-new-financing/ 
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o San Francisco-Based Spin Lands $8 Million for High-Tech Bike Sharing

San Francisco -- Spin, the San Francisco-based operator of a fleet of GPS-equipped bikes that can be unlocked by scanning a QR code, said on Thursday it has landed $8 million in its first round of funding. Menlo Park-based Grishin Robotics led the round, which included participation from Exponent and CRCM, along with Quora co-founder Charlie Cheever and Dropbox investor Matt Brezina. Spin said it will use the proceeds to accelerate hiring, expand deployment of its smart bikeshare system across several U.S. cities and build one of the largest dockless bikeshare fleets in the world. "We'll use this round to grow our supply chain, improve our hardware, and assemble a talented technical team to track and manage our bikeshare fleet at scale," said Zaizhuang Cheng, the company's co-founder and chief technology officer (CTO). Spin's orange-colored smart-bikes can be located through the company's mobile app, then unlocked and taken for a ride by scanning a QR code. The bikes are equipped with GPS, cellular connectivity, solar panels and solid tires designed for durability. Unlike traditional bikeshare systems, Spin's technology requires no fixed or specialized racks and allows bikes to be parked anywhere that is legal and responsible.
https://spin.pm
http://www.prnewswire.com/news-releases/spin-secures-8-million-series-a-funding-round-led-by-grishin-robotics-300463742.html  
_____________________________________________

o Thomas Carson to Retire as TiVo's President and CEO

San Carlos, Calif. -- TiVo, the San Carlos-based provider of digital video recorders and programming services, said that Thomas Carson will retire as its president and CEO upon the hiring of a successor. He has spent more than 11 years with the company and its predecessors, serving as president and CEO since 2011. Prior to September he had been the CEO of Rovi, which acquired TiVo for $1.1 billion and retained the company's name. "Under Tom's leadership the company has undergone a significant transformation; shedding underperforming assets, cutting cost, renewing major intellectual property licensing deals and acquiring TiVo," said Chairman Jim Meyer. TiVo said its board has launched a search for a replacement, and plans to consider both internal and external candidates. Carson will serve in an advisory role following his retirement.
http://www.tivo.com
http://www.businesswire.com/news/home/20170524006225/en/TiVo-President-CEO-Retire  
_____________________________________________

o Briefly Noted:

(Washington, DC) The Small Business Administration (SBA) has announced the appointment of four new associate administrators. The agency has named Peter Cazamias to the office of international trade, Robb Wong to the office of government contracting and business development, Allen Gutierrez to the office of entrepreneurial development, and Michael Hershey to the office of congressional and legislative affairs.
https://www.sba.gov/about-sba/sba-newsroom/press-releases-media-advisories/sba-administrator-linda-mcmahon-appoints-four-senior-executives 

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

> Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both

Why do I have a hard time getting my employees to listen? Why do I struggle to inspire and motivate them? How can I motivate my employees while driving strong financial results? Many of today's leaders ask themselves these same questions. Here, we share three tips to become more "bankable."
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

Wednesday, May 24, 2017

Bay Area Tech Wire - May 24

==========================================
BAY AREA TECH WIRE -- May 17, 2017
==========================================
Sponsored By: Baird Global Technology Investment Banking
http://techservices.rwbaird.com/investment-banking/


o
San Francisco-Based OrphoMed Raises $39 Million in First Round
o San Francisco-Based Medrio Lands $30 Million Investment
o
San Mateo-Based SurveyMonkey Names Tennis Star Serena Williams to Board
o
CloudBees Names Daniel McLaughlin as Finance and Operations Chief
o DDN Names Eric Barton as CTO of Software-Defined Storage
> Baird Commentary: How the IoT Revolution Is Driving Consolidation
o Briefly Noted:
Jetlore, Comcast
_____________________________________________

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

--Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both
--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 OrphoMed Raises $39 Million in First Round

San Francisco -- OrphoMed, a San Francisco-based biopharmaceutical firm developing drugs to treat gastrointestinal and hepatic conditions, said on Wednesday it has raised $39 million in its first round of funding, led by New Enterprise Associates (NEA). Takeda Ventures and several other previous backers also participated. Frank Torti, a partner at NEA, and Arthur Pappas, managing partner at Pappas Capital, will join the company's board of directors. The company said it will use the proceeds to advance the clinical development of its lead candidate, for the treatment of irritable bowel syndrome with diarrhea (IBS-D). "There still are a significant number of patients who cannot be treated with existing approved drugs," said Kenneth Widder, OrphoMed's executive chairman. "As such, we feel there is a large opportunity to bring forward a drug which circumvents the limitations of those drugs currently on the market."
http://www.orphomed.com 
http://www.prnewswire.com/news-releases/orphomed-secures-39-million-series-a-financing-round-300462961.html
_____________________________________________

o San Francisco-Based Medrio Lands $30 Million Investment

San Francisco -- Medrio, a San Francisco-based healthcare technology company providing software and mobile tools for clinical trials, said on Wednesday it has landed a $30 million equity investment from Questa Capital Management. The investment marks the company's first infusion of institutional capital in its 12-year history. Medrio said it will use the proceeds to accelerate the deployment of its new software applications and expand its position in the eClinical market. "This investment will enable us to expand the adoption of our integrated product offering and invest in the next generation of software applications," said founder and CEO Mike Novotny. Founded in 2005, Medrio specializes in electronic data capture, collecting clinical trial data to help study sponsors and contract research organizations set-up and conduct clinical trials.
http://www.medrio.com
http://go.medrio.com/rs/404-GJX-783/images/Medrio_Investment_Press_Release.pdf (PDF)
_____________________________________________

o San Mateo-Based SurveyMonkey Names Tennis Star Serena Williams to Board

San Mateo, Calif. -- Adding some star power to its boardroom, San Mateo-based SurveyMonkey, the developer of an online survey platform, on Wednesday named tennis icon Serena Williams to its board of directors. Williams, who has won the most Grand Slam singles titles in history, will join Intuit Chairman and CEO Brad Smith as a new director. They replace Meg Whitman, the president and CEO of HP Enterprise, and Bill Veghte, the executive chairman of Turbonomic, who have stepped down. Both will remain advisors. Off the court, Williams recently has made a name for herself in the business world, being named by Vogue as a "Fashion Trendsetter" for creating her HSN Signature Statement collection. "Serena is an activist, marketer, brand builder and greatest athlete of our time," said CEO Zander Lurie. "Serena's voice on the board sends a strong message to our company, investors and the industry." Williams said SurveyMonkey was a good fit because they "share a fierce commitment to letting all voices be heard."
http://www.surveymonkey.com
https://www.surveymonkey.com/mp/surveymonkey-adds-serena-williams-and-intuit-chairman-ceo-brad-smith-to-board-of-directors/ 
_____________________________________________

o CloudBees Names Daniel McLaughlin as Finance and Operations Chief

San Jose, Calif. -- CloudBees, a San Jose-based developer of tools for automating software development and delivery, on Wednesday named Daniel McLaughlin as its chief financial and operations officer. McLaughlin most recently served as the chief financial officer (CFO) of Fiserv Investment Services, and led the spin-off of ADP Brokerage Services. "We are now ready to take the next big leap in growth," said co-founder and CEO Sacha Labourey. "[McLaughlin] brings broad experience working with technology and software companies to accelerate revenue growth and position them for successful, long-term growth." Founded in 2010, CloudBees is backed by Matrix Partners, Lightspeed Venture Partners and Verizon Ventures.
https://www.cloudbees.com/ 
http://www.businesswire.com/news/home/20170524005685/en/CloudBees-Appoints-Industry-Veteran-Daniel-McLaughlin-Chief 
_____________________________________________

o DDN Names Eric Barton as CTO of Software-Defined Storage

Santa Clara, Calif. -- DataDirect Networks (DDN), a Santa Clara-based developer of big data storage products, on Wednesday named Eric Barton as its chief technology officer (CTO) for software-defined storage. Barton, most recently the lead architect for Intel's High Performance Data Division (HPDD), will lead the strategic roadmap, technology architecture and product design for the company's newly created Infinite Memory Engine (IME) unit. He earlier was the co-founder and CTO of Whamcloud. "As we expand our customer base into cloud, AI, machine learning and rack-scale SSD environments, we are excited to have Eric lead our next wave of technological innovation," said Chairman and CEO Alex Bouzari.
http://www.ddn.com
http://www.ddn.com/press-releases/ddn-names-industry-visionary-eric-barton-cto-for-software-defined-storage/  
_____________________________________________

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> PR Summit DC - June 2 - Washington, DC

At PR Summit DC on June 2, more than 35 speakers from media, corporations, non-profits, associations, and agencies will detail fundamental changes impacting public relations communicators. There will be 19 sessions – covering digital trends, media relations, crisis, messaging, social media, podcasts, strategy, media training, influencer marketing, data visualization, virtual reality and much more - plus a Special Event: "How to Find Your Brand's Superpower," with Guinness World Records. In addition, this Summit, at the NEA Conference Center in DC, is your chance to network and learn from a wide variety of industries and institutions at breakfast, lunch and happy hour. Potomac Tech Wire readers receive a 10% discount with the code PTW. More info at www.prsummitdc.com

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o Briefly Noted:

(San Mateo, Calif.) San Mateo-based Jetlore, developer of an AI-powered prediction platform for retailers, said it has promoted Chris Feroli to vice president of sales and hired Dave Orashan as senior director of sales. Feroli most recently served as the company's director of sales, while Orashan was the director of West sales at RichRelevance.
http://www.jetlore.com 
http://www.prnewswire.com/news-releases/jetlore-expands-sales-team-to-meet-growing-customer-demand-300460514.html 

(Livermore, Calif.) Cable giant Comcast has named John Gauder as its regional vice president for California. Gauder will oversee all of the company's cable operations within its California footprint, where it serves more than 2 million customers and has more than 5,000 employees. Gauder, who will be based in Livermore, succeeds Hank Fore who recently retired after 14 years with Comcast.
http://corporate.comcast.com/ 
http://www.businesswire.com/news/home/20170523005034/en/Comcast-Names-John-Gauder-Regional-Vice-President 

===================================================
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/

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

Tuesday, May 23, 2017

Bay Area Tech Wire - May 23

==========================================
BAY AREA TECH WIRE -- May 23, 2017
==========================================
To subscribe: www.bayareatechwire.com


o
San Francisco-Based Fastly Raises $50 Million in Fifth Round of Funding
o Cupertino-Based Apple Ends Legal Battle with Nokia
o
Santa Clara-Based Siva Power Raises $25 Million in New Funding
o
San Francisco's Govini Names Chris Taylor as New CEO
Target to Pay $18.5 Million in Largest-Ever Multistate Data Breach Settlement
o Briefly Noted:
ServiceNow, Mezi, 8x8
_____________________________________________

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

--Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both
--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 Fastly Raises $50 Million in Fifth Round of Funding

San Francisco -- Fastly, the San Francisco-based developer of an edge cloud platform, said on Tuesday it has raised $50 million in its fifth round of funding, led by Sorenson Capital. New investor Sapphire Ventures and previous backers Iconiq Capital, Amplify Partners, August Capital, O'Reilly AlphaTech Ventures and IDG Ventures also participated in the round, which increased the company's total funding to $180 million. Fastly's platform provides a suite of application delivery, video and streaming, and cloud security tools designed to help online brands build scalable applications, innovate rapidly and defend against complex security threats at the edge. Clients include The New York Times, Airbnb, Spotify, Pinterest and Ticketmaster. "Enterprise brands rely increasingly on edge cloud services to support overwhelming consumer demand for dynamic, secure experiences across web, mobile and IoT," said founder and CEO Artur Bergman. "This additional funding will help accelerate Fastly's exponential growth trajectory."
https://www.fastly.com
https://www.fastly.com/press/press-releases/fastly-closes-50-million-meet-demand-edge-cloud-services 
_____________________________________________

o Cupertino-Based Apple Ends Legal Battle with Nokia

Cupertino, Calif. -- Ending patent litigation that many had expected to drag on for much longer, Cupertino-based Apple said on Tuesday it has reached a settlement in its intellectual property dispute with Nokia. Apple said it will make an unspecified upfront payment to Nokia, as well as additional revenue payments. The two companies also have signed a multi-year patent license, with Nokia providing certain network infrastructure products and services to Apple, and Apple again carrying Nokia digital health products in its retail and online stores. The companies said they plan to explore future collaboration in digital health, as well. "It moves our relationship with Apple from being adversaries in court to business partners working for the benefit of our customers," said Maria Varsellona, the chief legal officer of Nokia. The patent dispute was first announced in December after a previous patent license expired earlier last year.
https://www.apple.com/newsroom/2017/05/nokia-and-apple-sign-agreement-settle-all-litigation/ 
_____________________________________________

o Santa Clara-Based Siva Power Raises $25 Million in New Funding

Santa Clara, Calif. -- Siva Power, a Santa Clara-based manufacturer of thin-film solar technology, said on Tuesday it has raised $25 million in a new round of funding, which the company will use to build out its pilot line and develop its solar module business. Jim Simons and Mark Heising led the investment, which also included participation from Jonathan Sheets. "We are very pleased by the confidence that our investors have placed in our technical team and business model," said CEO Bruce Sohn. Siva Power is developing a solar factory that the company said will produce solar panels at "unprecedented scale and the lowest production cost."
http://www.sivapower.com
http://www.prnewswire.com/news-releases/siva-power-closes-on-25m-to-continue-developing-lowcost-solar-module-technology-for-the-terawatt-era-300461923.html 
_____________________________________________

o San Francisco's Govini Names Chris Taylor as New CEO

San Francisco -- Govini, the San Francisco- and Virginia-based developer of a business intelligence platform for companies that sell to the public sector and government agencies that buy from them, on Tuesday named Chris Taylor as its new CEO. He succeeds founder Eric Gillespie, who will become executive chairman. Taylor previously founded tech startup Novitas Group and was the CEO of Mission Essential. Gillespie said that Taylor's "leadership in the national security sector" make him a "natural fit for the opportunities in front us." Since its founding in 2013, Govini has focused on providing market intelligence to federal contractors, federal agencies, private equity firms and hedge funds. The company issues an annual "Federal Scorecard." In addition to Gillespie, Govini's investors include Accel Partners, Salesforce Ventures and Symphony Technology Group.
http://www.govini.com/ 
http://www.businesswire.com/news/home/20170523005911/en/Chris-Taylor-Appointed-CEO-Govini-Founder-Eric 
_____________________________________________

o Target to Pay $18.5 Million in Largest-Ever Multistate Data Breach Settlement

Sacramento -- Retail giant Target will pay $18.5 million to 47 states and Washington, DC in the largest multistate data breach settlement to date, the states announced on Tuesday. California will receive more than $1.4 million from the settlement, the largest share of any state. The settlement comes nearly four years after a cyber attack on the company's servers exposed the sensitive information of more than 41 million payment card accounts and 60 million customers, including names, email addresses and payment card numbers. The attorneys general, including Xavier Becerra of California, alleged that Target had "multiple weaknesses" in its system that allowed hackers to access the information. In addition to the payment, Target will be required to develop a comprehensive information security program to be assessed by an independent third party. "Families should be able to shop without worrying that their financial information is going to get stolen, and Target failed to provide this security," said Becerra. "This should send a strong message to other companies: you are responsible for protecting your customers' personal information. Not just sometimes -- always."
https://oag.ca.gov/news/press-releases/attorney-general-becerra-target-settles-record-185-million-credit-card-data  
_____________________________________________

o Briefly Noted:

(Santa Clara, Calif.) Santa Clara-based cloud computing giant ServiceNow said it plans to raise $750 million through an offering of convertible senior notes, due 2022. The company said it will use $575 million of the proceeds to repay existing notes due in 2018, aqs well as repurchase up to $100 million in company stock.
https://www.servicenow.com/ 
http://www.businesswire.com/news/home/20170522006305/en/ServiceNow-Offer-750-Million-Convertible-Senior-Notes 

(Sunnyvale, Calif.) Sunnyvale-based Mezi, developer of an AI-powered personal travel assistant app, on Tuesday named Johnny Thorsen as its vice president of travel strategy and partnerships. Thorsen most recently was a senior director at SAP Mobile Services, and previously was the co-founder and CEO of ConTgo.
https://mezi.com
http://www.businesswire.com/news/home/20170523005361/en/Mezi-Appoints-Johnny-Thorsen-Vice-President-Travel 

(San Jose, Calif.) San Jose-based 8x8, developer of a platform that combines unified communications, team collaboration, contact center and analytics tools, on Tuesday named Rani Hublou as its chief marketing officer (CMO). Hublou most recently served as the chief product and marketing officer at Comprehend Systems, and previously was the CMO of PSS Systems.
https://www.8x8.com
http://www.businesswire.com/news/home/20170523005598/en/8x8-Appoints-Rani-Hublou-Chief-Marketing-Officer 

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

> Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both

Why do I have a hard time getting my employees to listen? Why do I struggle to inspire and motivate them? How can I motivate my employees while driving strong financial results? Many of today's leaders ask themselves these same questions. Here, we share three tips to become more "bankable."
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/

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Copyright: CapWire Inc. 2017


 

 

 

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Monday, May 22, 2017

Bay Area Tech Wire - May 22

==========================================
BAY AREA TECH WIRE -- May 22, 2017
==========================================
Sponsored By: Fairfax County Economic Development Authority
http://www.fairfaxcountyeda.org/bay-area-tech-wire

o
San Francisco-Based Lemonaid Health Raises $11 Million in First Round
o Berkeley-Based Other Machine Acquires by Co-Founder of MakerBot
o
Emeryville-Based Tanium Names Chris Bream as New CTO
o
Survey: Tech Adoption Climbs Among Older Adults
> Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both
o Briefly Noted:
Marketo, Cloudera
_____________________________________________

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

--Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both
--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 Lemonaid Health Raises $11 Million in First Round

San Francisco -- Lemonaid Health, the San Francisco-based developer of a telemedicine platform that augments physicians with clinical algorithms, said on Monday it has raised $11 million in its first round of funding, co-led by Novartis Venture Fund and Hikma Ventures. Correlation Ventures, Adaptive Healthcare Fund, Vega Ventures and 415 Ventures also participated. "This new capital will accelerate our development of future product capabilities while expanding Lemonaid's operating footprint," said co-CEO Paul Johnson. "We're using technology to augment physicians' ability to provide standardized and streamlined quality care at scale." Now available in 14 states, Lemonaid's online platform is designed to let users quickly get care for conditions like acid reflux, erectile dysfunction, flu, hair loss and urinary tract infections, as well as access birth control medication. If appropriate, the company's board-certified doctors recommend a treatment and send a prescription to the pharmacy of choice.
http://www.lemonaidhealth.com
https://blog.lemonaidhealth.com/2017/05/lemonaid-raises-11-million/ 
_____________________________________________

o Berkeley-Based Other Machine Acquires by Co-Founder of MakerBot

Berkeley, Calif. -- Other Machine, a Berkeley-based maker of rapid prototyping tools for electrical and mechanical design engineers and educators, said on Monday it has been acquired by Bre Pettis, the co-founder and former CEO of MakerBot and current head of Bre & Co. Financial terms of the deal were not disclosed. Current CEO Danielle Applestone will continue to lead the company. Other Machine is the developer of The Othermill Pro, a $3,100 machine that can mill circuit boards, carve complex 3D shapes in metal, wood and other materials, make molds and engrave a variety of materials. The tool is designed to let users rapidly build prototypes, as well as build and test complete circuit boards in a single day.
https://othermachine.co/ 
http://www.businesswire.com/news/home/20170522005985/en/Machine-Acquired-Bre-Pettis-CEO-Co-Founder-MakerBot 
_____________________________________________

o Emeryville-Based Tanium Names Chris Bream as New CTO

Emeryville, Calif. -- Tanium, an Emeryville-based developer of endpoint security and systems management technology, on Monday named Chris Bream as its new chief technology officer (CTO). Bream most recently served as the director of product security at Facebook, and previously was a director at Mandiant. He succeeds co-founder and CEO Orion Hindawi, who had held both roles for more than a year. "More than anyone, Chris knows first-hand what keeps our customers up at night and this is precisely why Chris will lead us into the next chapter of realizing our ambitious technical vision," said Hindawi. The move comes a month after Tanium named Fazal Merchant as its chief operating officer (COO) and chief financial officer (CFO).
http://www.tanium.com
http://www.businesswire.com/news/home/20170522005843/en/Tanium-Announces-Chris-Bream-Chief-Technology-Officer 
_____________________________________________

o Survey: Tech Adoption Climbs Among Older Adults

Washington, DC -- American seniors are moving towards more digitally connected lives, according to a new survey from Pew Research Center. The organization said that 42% of adults ages 65 and older now report owning smartphones, up from just 18% in 2013. In addition, 67% use the Internet -- a 55% increase in just under two decades -- and for the first time, half of older Americans now have broadband at home. The analysis, however, also showed that many seniors remain largely disconnected from the digital revolution, with a third saying they never use the Internet and roughly half saying they don't have home broadband services. "Older Americans have consistently been late adopters to new digital technology, but seniors are deepening their experiences with various forms of technology," said Monica Anderson, lead author and research associate at Pew. "And while older adults may face unique barriers to using and adopting new technologies, once seniors are online, they tend incorporate the Internet and online activities into their everyday lives." The full report is at the link below.
http://www.pewinternet.org/2017/05/17/tech-adoption-climbs-among-older-adults/  
_____________________________________________

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> Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both

Why do I have a hard time getting my employees to listen? Why do I struggle to inspire and motivate them? How can I motivate my employees while driving strong financial results? Many of today's leaders ask themselves these same questions. Here, we share three tips to become more "bankable."

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


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o Briefly Noted:

(San Mateo, Calif.) San Mateo-based Marketo, a developer of engagement marketing software, on Monday named Manoj Goyal as its chief product officer (CPO). Goyal most recently served as the chief operating officer (COO) at Velocify, and previously served as the vice president of engineering at OpenX. In his new role, he will oversee the company's product and engineering teams responsible for its Marketo Engagement Platform.
http://www.marketo.com
http://www.prnewswire.com/news-releases/manoj-goyal-joins-marketo-as-chief-product-officer-300460981.html 

(Palo Alto, Calif.) Palo Alto-based Cloudera, developer of an open source platform for machine learning and advanced analytics, on Monday named Kim Hammonds and Mike Stankey to its board of directors. Hammonds is a member of the management board and group chief operating officer at Deutsche Bank, and Stankey is the vice chairman of Workday.
https://www.cloudera.com 
http://www.prnewswire.com/news-releases/kim-hammonds-and-mike-stankey-join-cloudera-board-of-directors-to-broaden-industry-insight-and-advise-newly-public-company-300461195.html 

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

> Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both

Why do I have a hard time getting my employees to listen? Why do I struggle to inspire and motivate them? How can I motivate my employees while driving strong financial results? Many of today's leaders ask themselves these same questions. Here, we share three tips to become more "bankable."
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


 

 

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To subscribe: click here