Tuesday, July 17, 2012

Bay Area Tech Wire -- July 17

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BAY AREA TECH WIRE -- July 17, 2012
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San Rafael-Based IntelliBatt Secures $22 Million in Funding
o Yahoo Names Former Google Executive as New CEO
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San Francisco-Based Kiip Raises $11 Million in Second Round
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San Rafael-Based Autodesk to Acquire Socialcam for $60 Million
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San Francisco-Based Loggly Lands $5.7 Million, Names CEO and CTO
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Santa Clara-Based Openbucks Raises $4.8 Million in First Round
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WSJ: Apple's Next iPhone to Feature Thinner Screen
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Briefly Noted: SiSense, LivingSocial Shop

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o San Rafael-Based IntelliBatt Secures $22 Million in Funding

San Rafael, Calif. -- IntelliBatt, a San Rafael-based provider of UPS and battery monitoring systems and services, said on Tuesday it has raised $22 million and installed a new leadership team. Columbia Capital led the round, which also included participation by CBC-Capital, private investors and incoming executives. The company plans to use the proceeds to fuel growth initiatives and expand its product line. IntelliBatt also named Tom Barton as its CEO and Todd Ford as co-CEO and COO. Barton is the former CEO of Rackable Systems, and previously held senior management positions at Red Hat and Cygnus Solutions. Ford, meanwhile, was the president of Rackable Systems, CEO of FCC and CFO of Noosh. IntelliBatt founders Steve Cotton and Mike Brinck will maintain active roles in the day-to-day operations of the company as executive chairman and president, respectively. The company was founded in 1992 under the name Data Power Monitoring Corp. (DPMC).
http://www.intellibatt.com 
http://www.intellibatt.com/news/press-intellibatt-secures-22-million-equity.php 
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o San Francisco-Based Kiip Raises $11 Million in Second Round

San Francisco -- Kiip, the San Francisco-based developer of a mobile rewards network that delivers tangible rewards for virtual achievements, said on Tuesday it has raised $11 million in its second round of funding, led by Relay Ventures. Previous backers Hummer Winblad and True Ventures also participated in the round, which the company's will use to expand its network beyond gaming and launch new consumer-facing products. Kiip also said it plans to launch a new app, a mobile rewards wallet that consumers can use to store their rewards while exploring new apps and games that are Kiip-enabled. The app, called Kiipsake, is scheduled for release later this month. Currently, the company is tracking more than 100 million user achievements and progress milestones each month in the U.S. on more than 400 apps. Kiip currently works with more than 40 brands, including American Apparel, Best Buy, Disney, Dr Pepper, PepsiCo, Popchips, Sony Music, 1-800-Flowers.com and Wrigley.
http://www.kiip.com 
http://www.businesswire.com/news/home/20120717005452/en/Kiip-Raises-11-Million-Funding-Fuel-Explosive
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o San Rafael-Based Autodesk to Acquire Socialcam for $60 Million

San Rafael, Calif. -- Autodesk, the San Rafael-based developer of 3D design, engineering and entertainment software, said on Tuesday it will pay approximately $60 million to acquire San Francisco-based Socialcam, the year-old developer of video capture, editing and sharing apps. The deal is expected to close by the end of October. "Video is an ideal medium for professionals and consumers alike to communicate and share their design ideas," said Samir Hanna, vice president of the Autodesk Consumer Group. "We are excited to have Socialcam join our growing portfolio of applications, services and communities." Socialcam is a smartphone app and web-based service that allows users to capture, edit and share videos. The app has been downloaded more than 16 million times by Apple and Android users since its debut in 2011.
http://socialcam.com/ 
http://www.autodesk.com 
http://news.autodesk.com/news/autodesk/20120717005592/en/Autodesk-Signs-Agreement-Acquire-Socialcam    
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o San Francisco-Based Loggly Lands $5.7 Million, Names CEO and CTO

San Francisco -- Loggly, a San Francisco-based developer of an online log management service, said on Tuesday it has landed $5.7 million in a new round of funding and named Charlie Oppenheimer as CEO and Jim Nisbet as CTO and vice president of engineering. The funding, from True Ventures, Trinity Ventures and Matrix Partners, will enable the two-year-old company to expand its team and accelerate growth. Oppenheimer previously served as the CEO of software companies Digital Fountain (acquired by Qualcomm) and Aptiva (acquired by Yahoo), and most recently was an executive-in-residence at Matrix Partners. Nisbet, meanwhile, has held CTO roles at RSA, Tablus and DataTools, and also has founded two software companies.
http://www.loggly.com/ 
http://www.businesswire.com/news/home/20120717005335/en/Loggly-Secures-5.7M-Names-CEO-CTOVP-Engineering 
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o Yahoo Names Former Google Executive as New CEO

Sunnyvale, Calif. -- Marking its fifth CEO since September, Sunnyvale-based Yahoo late Monday named former Google executive Marissa Mayer as its new head, tasking the 37-year-old with turning around the struggling Internet company. Mayer succeeds Ross Levinsohn, who in May replaced Scott Thompson on an interim basis after Thompson was forced to step down amid allegations that he misrepresented his academic credentials. The company's leadership carousel began in September, when it fired Carol Bartz, appointing Tim Morse as interim CEO. Yahoo said its latest higher signals a "renewed focus on product innovation to drive user experience and advertising revenue." Mayer most recently served as the vice president of local, maps and location services at Google where she oversaw products such as Google Maps, Google Earth, Zagat, Street View and local search. She also curated the Google Doodle program, celebrating special events on the company's homepage. Mayer joined Google as its first female engineer in 1999. "Marissa is a well-known, visionary leader in user experience and product design and one of Silicon Valley's most exciting strategists in technology development," said Yahoo co-founder David Filo.
http://pressroom.yahoo.net/pr/ycorp/236553.aspx 
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o Santa Clara-Based Openbucks Raises $4.8 Million in First Round

Santa Clara, Calif. -- Openbucks, the Santa Clara-based developer of a gift card payment network, said on Tuesday it has raised $4.8 million in its first round of funding, led by Yahoo co-founder Jerry Yang. Terry Semel, Greycroft Partners, BV Capital, Clearstone Ventures, Morado Ventures, Novel TMT Ventures, Inspiration Ventures, CrunchFund, SV Angel and TiE Angels also participated. Openbucks' network enables consumers who don't have credit cards or a bank account, or who prefer to keep their financial information private, to pay for online goods and services using the gift cards of major retailers. The regular gift cards of Subway, CVS Pharmacy, Burger King, Shell, Circle-K and CITGO are now accepted through the network.
http://www.openbucks.com
http://www.marketwatch.com/story/openbucks-raises-48-million-series-a-for-its-gift-card-payment-network-2012-07-17 
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o WSJ: Apple's Next iPhone to Feature Thinner Screen

Cupertino, Calif. -- Apple's next version of the iconic iPhone will feature new technology allowing its screen to be thinner, people with knowledge of the matter told the Wall Street Journal on Tuesday. Components of the device are currently being mass produced in Asia. The Journal said the new "in-cell" technology incorporates touch sensors into the LCD display, eliminating the need for a separate layer. The end result is expected to be a thinner unit with improved display quality. The news follows reports in May that the next iPhone also is likely to feature a display larger than the 3.5 inches Apple currently offers.
http://online.wsj.com/article/SB10001424052702303754904577532121136436182.html?mod=WSJ_hpsMIDDLENexttoWhatsNewsSecond 
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According to a recently released study by eMarketer, online advertising is expected to generate $39.5 billion in sales this year…Increase your sales revenue. Advertise with the Tech Wire and enjoy special summer rates.
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o Briefly Noted:


(Redwood City, Calif.) Redwood City-based SiSense, a developer of business intelligence tools designed to help users to gain actionable intelligence from massive amounts of data, on Tuesday named Amit Bendov as its new CEO. Bendov most recently served as the CMO of Panaya, and previously was the senior vice president of worldwide marketing at ClickSoftware.
http://www.sisense.com 
http://www.businesswire.com/news/home/20120717006026/en/SiSense-Appoints-Amit-Bendov-Chief-Executive-Officer 

(Washington, DC) Making its first foray into the world of physical products, daily deals giant LivingSocial on Tuesday launched LivingSocial Shop, a virtual store featuring curated merchandise tied together by various themes. The store's first collection, Beach Bound, features items themed around a trip to the shore, including towels, beach toys and tent gazebos. All collections are available for seven days.
http://www.livingsocial.com/products 
http://www.businesswire.com/news/home/20120717005270/en/LivingSocial-Shop-Launches-Curated-Collections-Unique-Custom  

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According to a recently released study by eMarketer, online advertising is expected to generate $39.5 billion in sales this year…Increase your sales revenue. Advertise with the Tech Wire and enjoy special summer rates.
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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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