| ============================================ BAY AREA TECH WIRE -- May 15, 2012 ============================================ To Subscribe: www.bayareatechwire.com o Menlo Park-Based Facebook Raises IPO Price Range o Accel Partners, Sequoia Capital Invest $70 Million in Qualtrics o San Francisco-Based Castlight Health Names John Driscoll as President o Bay Area VCs Contribute to $8 Million Round for Lenddo o Study: Over Half of World's PC Users Admit Pirating Software o Briefly Noted: Five9, Avidbank Corporate Finance - Auxilio _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Face-to-Face PR: How to Increase Your Organization's Visibility --Executive Briefing - Product Portfolio Briefing --Marketing Events Coordinator --Senior Manager, eCommerce – Redwood City, CA --Account Manager --Sr. Financial Analyst --Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers Ad Descriptions Below Briefly Noted Section Post Job/Event/Marketplace ad: http://www.bayareatechwire.com _____________________________________________ o Menlo Park-Based Facebook Raises IPO Price Range Menlo Park, Calif. -- Preparing for one of the most highly anticipated initial public offerings (IPOs) in history, Menlo Park-based Facebook on Monday raised the price range of its shares. According to documents filed with the Securities and Exchange Commission (SEC), the social networking giant new plans to price each share between $34-$38 -- up from earlier estimates of $28-$35. The new figures mean that Facebook would be valued at $93 billion-$104 billion, up from $77 billion-$96 billion. The IPO is expected to price by the end of this week. http://www.facebook.com http://www.sec.gov/Archives/edgar/data/1326801/000119312512232582/d287954ds1a.htm _____________________________________________ o Accel Partners, Sequoia Capital Invest $70 Million in Qualtrics Silicon Valley, Calif. -- In their largest-ever joint investment, with Palo Alto-based Accel Partners and Menlo Park-based Sequoia Capital said on Tuesday they will invest $70 million in Utah-based Qualtrics, a developer of data collection and analysis software. The company plans to use the funds to expand its web-based product offerings beyond market research and accelerate its growth, beginning with the hiring of another 250 employees in the next year. Qualtrics, which has never before accepted outside funding, said it been profitable since its inception. Clients include Barnes & Noble, CVS Caremark, GEICO, Microsoft, Neiman Marcus, Royal Caribbean, Southwest Airlines, Thomson Reuters, Toyota, Vodafone and Zappos. "Qualtrics is the biggest software company you haven't heard of yet," said Bryan Schreier, a partner at Sequoia Capital. "They've become the foundation of market research and customer analytics for thousands of very happy customers." http://www.qualtrics.com http://www.accel.com http://www.sequoiacap.com http://cloudfront.qualtrics.com/q1/wp-content/uploads/2012/05/QualtricsMay152012PressRelease.pdf (PDF) _____________________________________________ o San Francisco-Based Castlight Health Names John Driscoll as President San Francisco -- Castlight Health, a San Francisco-based developer of software that makes cost and quality data for medical services available through the web or mobile devices, on Tuesday named John Driscoll as president. Driscoll most recently served as a group president at pharmacy benefits firm Medco Health Solutions. The move comes two weeks after the company secured $100 million in its fourth round of funding. http://www.castlighthealth.com http://www.castlighthealth.com/2012/castlight-health-secures-100-million-in-series-d-funding/ _____________________________________________ o Bay Area VCs Contribute to $8 Million Round for Lenddo New York -- Bay Area venture capital firms Accel Partners, Blumberg Capital and Omidyar Network have taken part in a new $8 million round of funding for New York-based Lenddo, developer of an online community that helps people use their online social connections to build creditworthiness and access local financial services. iNovia Capital, Metamorphic Ventures and several angel investors also participated in the company's first round. Founded in 2011, Lenddo allows members to use their reputations on social networks such as Facebook, LinkedIn and Twitter to obtain loans. The company currently provides loans in Colombia and the Philippines, and plans to use the capital to grow its engineering team and expand operations to more emerging markets. "Lenddo has the potential to transform how millions of underserved in the emerging markets access credit," said Arjuna Costa, director of investments at Omidyar Network. http://www.lenddo.com http://www.businesswire.com/news/home/20120515005370/en/Lenddo-Secures-8-Million-Series-Funding-Top _____________________________________________ o Study: Over Half of World's PC Users Admit Pirating Software Washington, DC -- Well over half the world's personal computer users -- about 57% -- now admit they acquire pirated software, according to a new study by the Business Software Alliance (BSA). The organization said the commercial value of pirated software climbed from $58.8 billion in 2010 to a record $63.4 billion in 2011, propelled by PC shipments to emerging economies where piracy rates are highest. "If 57% of consumers admitted they shoplift, authorities would react by increasing police patrols and penalties," said Robert Holleyman, president and CEO of the BSA. "Software piracy demands a similarly forceful response -- concerted public education and vigorous law enforcement." http://www.bsa.org/globalstudy _____________________________________________ o Briefly Noted: (San Ramon, Calif.) San Ramon-based Five9, a developer of cloud-based contact center software, on Tuesday named Dave DeWalt to its board of directors. DeWalt currently serves as the chairman of Polycom and Mandiant, and previously held executive positions at technology companies including Oracle, EMC, Documentum, Intel and McAfee. http://www.five9.com/call-center-news/press-releases/pr-five9-welcomes-new-board-member-dave-dewalt.htm (Palo Alto, Calif.) Palo Alto-based Avidbank Corporate Finance, which provides asset-based lines of credits to emerging-growth companies, said it has provided a $2 million line of credit to Mission Viejo-based Auxilio, a provider of managed print services to the healthcare industry. The company will use the line for working capital. http://www.auxilioinc.com http://www.businesswire.com/news/home/20120515006285/en/Avidbank-Corporate-Finance-2-Million-Line-Credit =================================================== Job/Event/Marketplace Listings: =================================================== To Post in Job/Event/Marketplace: http://www.bayareatechwire.com 6000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300 > Face-to-Face PR: How to Increase Your Organization's Visibility Between regular meetings, phone calls and emails, you may often wonder how you can fit another task into your workday. However, you also often wonder if you are doing everything you can to maximize your organization’s potential and opportunity for growth. In this article, Robert Deigh shows that it may be easier than you think to increase your company’s exposure. By making “face-to-face networking” a habit, and doing so effectively and efficiently, you will have the opportunity to harness new ideas, build solid contacts and prospects, and ultimately grow your organization’s visibility and business. http://www.fairfaxcountyeda.org/bay-area-tech-wire ____________________________________________ > Executive Briefing -- Product Portfolio Management It's a fact! As your product portfolio grows, the market impact of your organization can quickly become diluted because traditional product management practices focus on improving the performance of each product. Executives and Senior Managers are invited to attend an Executive Briefing to learn how a Product Portfolio Management model improves your market value by uncovering and solving bigger problems beyond the limits of individual products. Business practices for evaluating markets, analyzing competitors, formulating strategies, developing requirements and executing product plans take aim at a completely different target - the performance of your company in key markets - and offers greater strategic value to your organization. Attend in 13 cities in April, May and June. $199 per person. http://www.proficientz.com/portfolio-mgmt-executive-briefing.html ____________________________________________ > Marketing Events Coordinator Coblentz, Patch, Duffy & Bass LLP, a mid-size law firm is currently seeking a Marketing Events Coordinator with 3+ years of marketing events experience in a corporate environment to provide administrative support to the Marketing Department. This position reports directly to the Marketing Manager to plan, coordinate and manage all aspects of client seminars and receptions, sponsorship events, Firm events and retreats, and other special events. Candidate must have a Bachelor's degree and the ability to communicate clearly and effectively in one-on-one and small group settings with business partners and outside vendors. Additionally, candidate must be a self-starter, detail oriented, have the ability to organize and prioritize a number of tasks and complete them under time constraints. Strong computer, backend web development, HTML and graphics skills are required. Experience with Adobe Photoshop, Illustrator, and InDesign is preferred. Salary: DOE. Please include your salary requirement. Submit your resume and cover letter to the following link (or copy and paste the link to your web browser) https://home.eease.com/recruit/?id=1185751 ____________________________________________ > Senior Manager, eCommerce -- Redwood City, CA The Sr. Manager of eCommerce will provide leadership on key eCommerce initiatives within Shutterfly.com to continuously improve our customer shopping experience. Reporting to the Sr Director of eCommerce, this seasoned eCommerce professional will use site analytics to drive informed business recommendations, develop site tests aimed at optimizing business goals and serve as the business lead for selected eCommerce projects. This role is focused on driving a compelling and frictionless eCommerce experience for our customers. It is perfect for someone who is interested in using his/her business acumen, eCommerce expertise, and analytic skills to drive exceptional short- and long-term business results. Apply online at: http://www.shutterfly.com/about/positions.jsp?jvi=oW3aWfwP ____________________________________________ > Account Manager Come join PaperG, just named one of the Forbes' 100 Most Promising Companies in America, as we reinvent modern advertising. A PaperG Account Manager works as a key member of the Accounts team, where they will support PaperG's media company partners and help them thrive using PaperG's technology. Qualifications: College degree. A friendly and engaging personality - a must!. Excellent computer and Internet knowledge. High energy level. Resourceful, well organized, highly dependable, efficient and detail oriented. Knowledge of online advertising industry a strong plus. Send your resume to careers@paperg.com In your email or cover letter, let us know why PaperG interests you. ____________________________________________ > Sr. Financial Analyst Veracyte is a molecular diagnostics company that is pioneering the emerging field of molecular cytology. Our Finance team seeks an individual who will report to the CFO, with the ability to develop and maintain long-range financial models for the company's strategic plan, produce product revenue projections and forecasts and prepare financial analyses. They will also be able to analyze trends, manage components of the operating plan process, participate in the valuation of potential business development opportunities, and collaborate with R&D, Commercial and Operations functions. The ability to thrive in a fast-paced, challenging and highly diverse team environment is critical. To be a successful candidate you will have at least 4 years of finance/accounting experience, with a proven track record of incorporating applications of accounting principles, financial reporting, and cash management, and be an expert in Excel. It's important that you have experience in life sciences and knowledge/experience with Microsoft GP is a plus, as is an MBA. We would like you to share our commitment to teamwork and collaboration and be excited by the challenges of applying your expertise to an important, emerging area in diagnostics. To apply, please send your resume to jobs@veracyte.com For additional information, see our website www.veracyte.com ____________________________________________ Bay Area Tech Wire has over 6,000 subscribers who rely on it for their daily briefing of local technology news. Bay Area Tech Wire has various advertising offerings ideal for jobs listings, events, service offerings, and office space for rent. For more info, go to: 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 Digital Media Wire: http://www.digitalmediawire.com Advertising: If you are interested in advertising in our newsletters, call Parul Nath at 1-301-656-0057 xt 1102 or send email to parul@techwiremedia.com News tips, press releases. Send email to: editorial@bayareatechwire.com Tech Wire Mailing Address: 325 Pennsylvania Ave. SE Suite 250 Washington, DC 20003 Copyright: CapWire Inc. 2012 |
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