Thursday, August 2, 2012

Bay Area Tech Wire -- Aug. 2

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BAY AREA TECH WIRE -- Aug. 2, 2012
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San Francisco-Based Boombotix Raises First Round of Funding
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San Francisco-Based Glu Mobile Acquires GameSpy Technology
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Accel Partners Beefs Up Big Data Team in Palo Alto
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New USA Today Tool Measures Twitter Sentiment Toward Candidates
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Milpitas-Based LSI to Buy Back Up to $500 Million in Stock
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Briefly Noted: (Correction - Hotmail), Wize Commerce, Solta Medical

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


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Mid-Atlantic Marketing Summit – Oct. 18, 2012
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--Marketing Events Coordinator
--Senior Manager, eCommerce – Redwood City, CA
--Account Manager
--Sr. Financial Analyst
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o San Francisco-Based Boombotix Raises First Round of Funding

San Francisco -- Boombotix, the San Francisco-based developer of wireless speakers compatible with a range of mobile devices, said on Thursday it has raised an unspecified amount in its first round of funding, led by Walden Venture Capital. "This round is just going to help us lay down the real foundation that we need to take things to the next level," said CEO Lief Storer. Launched in 2009, Boombotix currently has more than 140 U.S. distributors, including Best Buy, Backcountry.com and Amazon. Much of the company’s success so far has come from the bike, surf and skate market, but the company said its market recently has been expanding beyond its core teen demographic.
http://www.boombotix.com
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o San Francisco-Based Glu Mobile Acquires GameSpy Technology

San Francisco -- Glu Mobile, a San Francisco-based developer and publisher of freemium games for smartphone and tablet devices, said on Thursday it has acquired San Francisco-based GameSpy Technology from IGN Entertainment. GameSpy provides technologies and services for multiplayer and server-based gaming across a wide array of platforms. Its services power online features such as multiplayer matchmaking, player statistics, individual player profiles, in-game buddy lists, leaderboards and storage of game media, including screenshots, gameplay videos and playable content. Financial terms of the deal were not disclosed. "Our acquisition of GameSpy brings Glu industry-recognized leadership in online, cross-platform technology infrastructure," said Niccolo de Masi, the CEO of Glu.
http://www.glu.com 
http://www.poweredbygamespy.com/ 
http://phx.corporate-ir.net/phoenix.zhtml?c=207033&p=irol-newsArticle&ID=1721900&highlight=   
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o Accel Partners Beefs Up Big Data Team in Palo Alto

Palo Alto, Calif. -- Venture capital firm Accel Partners on Thursday named Jake Flomenberg as a principal and Nick Mehta as entrepreneur-in-residence, both based in its Palo Alto office. Flomenberg previously served as director of product management at Splunk, while Mehta was the CEO of LiveOffice. The additions come as Accel looks to increase its footprint in the big data space. In November, Accel announced its $100 million Accel Big Data Fund, and the firm's portfolio of big data investments includes Cloudera, Code 42 Software, Fusion-io, Lookout, Nimble Storage, Qualtrics, QlikView and Vigilent.
http://www.accel.com 
http://www.marketwatch.com/story/jake-flomenberg-and-nick-mehta-join-accel-partners-as-principal-and-eir-2012-08-02 
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o New USA Today Tool Measures Twitter Sentiment Toward Candidates

McLean, Va. -- USA Today, the national newspaper of Gannett, said on Thursday it has launched a new online tool designed to measure the sentiment by Twitter users about President Obama and Republican challenger Mitt Romney. The tool, called the USA Today/Twitter Election Meter, is a graphic representation of the Twitter Political Index, a daily number produced by Twitter in partnership with Topsy labs and polling firms the Mellman Group and North Star Opinion Research. The Index aims to provide a daily snapshot of the sentiment of political conversation on Twitter.
http://twitterelectionmeter.usatoday.com 
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o Milpitas-Based LSI to Buy Back Up to $500 Million in Stock

Milpitas, Calif. -- LSI, a Milpitas-based designer of semiconductors and software that accelerate storage and networking, said on Thursday that its board has authorized the company to repurchase up to $500 million of its stock. The new program is on top of the $75 million that remained available under the company's existing $750 million authorization as of the end of second quarter. "The new stock repurchase program reflects our confidence in our long-term prospects," said CFO Bryon Look. "As we demonstrated with our recent earnings results, we are generating solid operating cash flows and this new program reflects our goal of returning capital to our shareholders."
http://www.lsi.com 
http://www.lsi.com/about/newsroom/Pages/20120802cr.aspx 
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o Briefly Noted:

(Correction - Hotmail was not launched by Microsoft, as was reported in Wednesday's edition. The service launched in 1996, and was acquired by Microsoft in 1997).

(San Mateo, Calif.) San Mateo-based Wize Commerce, a developer of online monetization and traffic acquisition technology, said on Thursday it has promoted Derek Yung to senior vice president of finance and corporate development. Yung previously held senior-level positions at Accenture, Alvarez & Marsal and LeapFrog Enterprises.
http://www.wizecommerce.com
http://www.marketwatch.com/story/wize-commercetm-promotes-derek-yung-to-svp-of-finance-and-corporate-development-2012-08-02 

(Hayward, Calif.) Hayward-based Solta Medical, a developer of medical aesthetics technology, said on Thursday it plans to raise net proceeds of $14 million through an underwritten public offering. The company has priced 5.7 million shares at $2.65 each, also granting underwriters the option to purchase up to 885,000 more shares.
http://www.solta.com 
http://finance.yahoo.com/news/solta-medical-inc-prices-15-125000783.html 

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Job/Event/Marketplace Listings:
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> Mid-Atlantic Marketing Summit – Oct. 18, 2012

Mid-Atlantic Marketing Summit - Intelligence & Insights on the Future of Communications. This one-day conference, organized by Potomac Tech Wire and Capitol Communicator, will bring together 300+ executives from the marketing, advertising, technology and communications sectors to discuss major issues facing the industry. The themes will focus on emerging technologies and trends in marketing communications. Topics will include: metrics, mobile, social media, multi-platform campaigns, online video campaigns, experiential advertising, B2B, PR, and much more. 7:45 am – 6:00 pm. Oct. 18, 2012. Super Early Bird Rate thru Aug. 10, 2012. Register at: http://mamsummit-baltimore-2012.eventbrite.com/
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Now the DC area can go solar without the high upfront cost of purchasing a solar system. Instead you simply pay for your solar power by the month -- just like your monthly utility bill -- only lower. We are the leading full service residential solar provider. When you decide to switch to solar, we take care of every step -- including engineering, financing, permits, installation and ongoing monitoring of your system performance. For more information click here
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>
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 http://www.bayareatechwire.com/Advertising_Info.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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> Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers

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


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