Tuesday, June 5, 2012

Bay Area Tech Wire -- June 5

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BAY AREA TECH WIRE -- June 5, 2012
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To Subscribe: www.bayareatechwire.com

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San Francisco-Based Identified.com Raises $21 Million in Second Round
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San Francisco-Based ON24 Acquires Spain's Imaste
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Menlo Park -Based Auxogyn Raises $18 Million in Second Round
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Fremont-based BiMicro Acquires IP from QualCore Logic
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Sunnyvale-Based Ovia Lands Investment, Changes Name to Wowzer
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Briefly Noted: Skyera, Vormetric, Portrait Displays - Intel Capital

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Executive Briefing - Product Portfolio Briefing
--Marketing Events Coordinator
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o San Francisco-Based Identified.com Raises $21 Million in Second Round

San Francisco -- Identified.com, the San Francisco-based developer of a career site for young professionals, said on Tuesday it has raised $21 million in its second round of funding. VantagePoint Capital Partners and Capricorn Investment Group co-led the round, with previous backers Tim Draper, Bill Draper and Innovation Endeavors also participating. Founded in 2010, Identified is building a game-like experience where people can track and quantify their career development online. Users import their basic work information from Facebook to create a distinct professional profile. Since its public launch in September 2011, Identified has grown to more than 10 million registered users, 90% of whom are under the age of 29. "For young users, job boards and existing professional networking experiences are boring," said Brendan Wallace, the company's co-founder and co-CEO. "We are committed to building an experience that is incredibly engaging and informative for our users by taking the principles of game design and applying them to managing your career." The company previously had raised $1.5 million.
http://www.identified.com 
http://www.identified.com/about 
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o San Francisco-Based ON24 Acquires Spain's Imaste


San Francisco -- ON24, a San Francisco-based provider of webcasting and virtual event services, said on Tuesday it has acquired Spain-based Imaste, a provider of virtual events in Europe. Financial terms of the deal were not disclosed. The company said the acquisition -- its first ever -- will bolster its presence in Europe and Latin America, as well as enhance its position in the worldwide virtual events market. Imaste delivers virtual events products and services to clients such as Deloitte, Accenture, The Economist, British Council, Top Language Jobs, Renault and Monster.com. "Imaste's market expertise and strong European presence complement ON24's current London operations perfectly," said CEO Sharat Sharan.
http://www.imaste-ips.com
http://www.on24.com 
http://www.on24.com/press_releases/on24-acquires-imaste/ 
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o Menlo Park -Based Auxogyn Raises $18 Million in Second Round

Menlo Park, Calif. -- Auxogyn, a Menlo Park-based developer of technology focused on women's reproductive health, said on Tuesday it has raised $18 million in its second round of funding, led by new investor SR One. Previous backers Kleiner Perkins Caufield and Byers, TPG Biotech and Merck Serono Ventures also participated in the round, which the company will use to support regulatory clearance and commercial launch of its non-invasive test designed to determine the viability of embryos during in vitro fertilization (IVF) procedures. "We look forward to securing CE Mark and subsequently introducing Eeva commercially in Europe during the second half of 2012," said Lissa Goldenstein, the president and CEO of Auxogyn
http://www.auxogyn.com 
http://www.auxogyn.com/assets/press-releases/2012-06-05.series-b-financing.pdf 
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o Fremont-based BiMicro Acquires IP from QualCore Logic

Fremont, Calif. -- BitMicro, a Fremont-based manufacturer of enterprise solid-state drives, said on Tuesday it has acquired more than 600 intellectual properties from Sunnyvale-based QualCore Logic, a provider of application-specific integrated circuit (ASIC) design services. Financial terms of the deal were not disclosed. BitMicro said it will use the IP -- which includes analog, digital and mixed-signal integrated circuit design -- in its upcoming MaxIO SSDs, which are set to debut this summer. "As we move into enterprise storage, we need to design faster and smarter," said CEO Rey Bruce. "The combination of our engineering capabilities and QualCore’s mixed-signal expertise allows us to make better products more quickly and at a lower cost."
http://www.bitmicro.com 
http://www.qualcorelogic.com 
http://www.bitmicro.com/press_news_releases_20120605.php 
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o Sunnyvale-Based Ovia Lands Investment, Changes Name to Wowzer

Sunnyvale, Calif. -- Ovia, a Sunnyvale-based developer of video screening and interviewing technology, said on Tuesday it has landed a major investment from Japanese staffing company Recruit. Financial terms of the deal were not disclosed. With the move, the company also has rebranded as Wowzer Inc. -- a name it calls "more memorable" and "fun." The company said it will use the proceeds to grow its team and more aggressively expand. "This investment from Recruit and our rebrand is a very significant milestone for the company," said Rodrigo Martinez, the co-founder and CEO of Wowzer. "Having Recruit onboard gives us unprecedented insight into recruitment, while opening doors to help us compete in the recruitment industry globally." DCM led the company's first round of funding.
http://oviahr.com/ 
http://www.businesswire.com/news/home/20120605005816/en/OVIA-Announces-Major-Strategic-Investment-Recruit-Company 
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o Briefly Noted:


(San Jose, Calif.) Skyera, a startup developing solid-state storage systems, said on Tuesday it has moved into its new headquarters on Automation Parkway in San Jose. The company said the 81,000-square-foot building will house its research and development facilities, light manufacturing, test and partner offices.
http://skyera.com/news-events/ 

(San Jose, Calif.) San Jose-based Vormetric, a developer of enterprise encryption and key management technology, on Tuesday named Bill Schroeder to its board of directors. Schroeder has been CEO of several private tech companies that he subsequently took public, including Diamond Multimedia, Priam and Conner Peripherals.
http://www.vormetric.com 
http://www.vormetric.com/resources/press-releases/2012/pr-bill-schroeder-new-board-member.pdf (PDF)

(Pleasanton, Calif.) Pleasanton-based Portrait Displays, a developer of visual enhancement software for PC and mobile displays, said it has signed a share warrant agreement with Intel Capital, the investment arm of Santa Clara-based Intel. Financial terms of the deal were not disclosed.
http://www.portrait.com 
http://www.intelcapital.com 
http://www.businesswire.com/news/home/20120604006614/en/Intel-Capital-Signs-Warrant-Agreement-Portrait-Displays 

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Job/Event/Marketplace Listings:
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> 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
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> 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 
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> 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
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> 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.
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> 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
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