Tuesday, August 7, 2012

Bay Area Tech Wire -- Aug. 7

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BAY AREA TECH WIRE -- Aug. 7, 2012
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Sponsored By: Bridge Bank – Flexible Solutions for Technology Companies
www.bridgebank.com


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S.F.-Based DocuSign Lands New Investment from Google Ventures
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Palo Alto-Based TuneIn Raises $16 Million in New Funding
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Menlo Park-Based IVP Leads $50 Million Round for Care.com
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San Francisco-Based 99designs Acquires Germany's 12designer
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San Francisco-Based OpenTable to Repurchase $50 Million in Stock
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Sunnyvale-Based MIMVI to Acquire Lone Wolf
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Briefly Noted: Rainmaker Systems, BraveNewTalent, Skyera

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o S.F.-Based DocuSign Lands New Investment from Google Ventures

San Francisco -- DocuSign, the San Francisco-based developer of a cloud-based network for sending, signing and tracking documents, said on Tuesday it has landed a new investment from Google Ventures to close its fourth round of funding at $55.7 million. The company initially had closed the round last month at $47.5 million, led by Kleiner Perkins Caufield & Byers. DocuSign said it will use the funds to accelerate growth of its network through increased customer-focused research and development, deeper vertical industry focus and faster international expansion. The company said 60,000 new users are joining its DocuSign Global Network each day. The network now includes 20 million users who have electronically signed more than 150 million documents in 188 countries.
http://www.docusign.com 
http://www.businesswire.com/news/home/20120807005473/en/Google-Ventures-Backs-DocuSign-Series-Funding
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o Palo Alto-Based TuneIn Raises $16 Million in New Funding

Palo Alto, Calif. -- TuneIn, the Palo Alto-based developer of apps that lets users listen to more than 70,000 AM, FM, HD and Internet radio stations through their mobile devices and computers, said it has raised $16 million in a new round of funding, led by General Catalyst Partners. Jafco Ventures, Google Ventures and previous backer Sequoia Capital also contributed to the round, which the company will use to scale its technical and business operations worldwide. "This investment will help us fulfill our mission while increasing our headcount and growing our product development and marketing initiatives," said CEO John Donham. The company said it now reaches 40 million monthly active listeners, a 267% increase in its mobile listener base over the past 12 months.
http://tunein.com 
http://www.marketwire.com/press-release/tunein-hits-40-million-monthly-active-listeners-raises-16-million-in-funding-1687229.htm    
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o Menlo Park-Based IVP Leads $50 Million Round for Care.com

Menlo Park, Calif. -- Institutional Venture Partners (IVP), the Menlo Park-based venture capital firm, has led a new $50 million round of funding for Massachusetts-based Care.com, developer of a web service that helps families connect with caregivers. Previous backers Matrix Partners, New Enterprise Associates (NEA) and Trinity Ventures also participated. Sandy Miller, a general partner at IVP, will serve on the company's board of directors. Care.com, which now has raised $61 million since its inception in 2006, has approximately 7 million members. The site helps families find caregivers in areas such as childcare, senior care, pet care, housekeeping and tutoring. In recent months, the company has embarked on international expansion, including the acquisition of Berlin-based Besser Betreut and the launches of Care.com in the U.K. and Canada.
http://www.ivp.com 
http://www.care.com 
http://www.equities.com/news/headline-story?dt=2012-08-07&val=352335&cat=finance 
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o San Francisco-Based 99designs Acquires Germany's 12designer

San Francisco -- 99designs, the San Francisco-based developer of an online graphic design marketplace, said on Tuesday it has acquired 12designer, developer of a creative design marketplace in Germany. Financial terms of the deal were not disclosed. The acquisition is the first for 99designs, which in April 2011 raised $35 million in its first round of funding, led by Accel Partners. "We believe their deep regional marketplace expertise and multi-lingual capabilities will prove instrumental in accelerating our delivery of truly localized world-class design services to European businesses and designers," said CEO Patrick Llewellyn. “This acquisition enables us to build significantly on our existing momentum and resources in Europe and gives us an ideally situated base in Berlin."
http://www.99designs.com 
http://www.businesswire.com/news/home/20120807005380/en/99designs-Announces-Acquisition-European-Design-Marketplace-12designer 
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o San Francisco-Based OpenTable to Repurchase $50 Million in Stock

San Francisco -- OpenTable, the San Francisco-based operator of a free, real-time online restaurant reservations service, said its board of directors has authorized the company to repurchase up to $50 million in stock. The company said it will buy the shares from time to time on the open market or through privately negotiated transactions. Timing of the purchases will depend on factors such as market conditions, the trading price of the stock, regulatory requirements and other factors. OpenTable has more than 25,000 restaurant customers, and has seated more than 350 million diners since its launch in 1998.
http://www.opentable.com/ 
http://press.opentable.com/releasedetail.cfm?ReleaseID=698457   
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o Sunnyvale-Based MIMVI to Acquire Lone Wolf

Sunnyvale, Calif. -- MIMVI, a Sunnyvale-based developer of search and recommendation technology, said on Tuesday it will acquire Los Angeles-based Lone Wolf, developer of series of infotainment-based social communities that reach 79 million people. Under the deal, expected to close within 30 days, MIMVI will purchase all outstanding shares of Lone Wolf for 3.8 million shares of its own stock. The company said the acquisition will bolster its presence in the mobile app discovery market. The combined entity will jointly develop Mimvi Echo, a new mobile app discovery service scheduled to launch in October. Founded in 2010, Lone Wolf is the developer of Smash Network, which features mini-talk shows streamed over the Internet to computers and mobile devices.
http://www.smashnetworks.com 
http://www.mimvi.com  
http://finance.yahoo.com/news/mimvi-inc-announces-agreement-acquire-100000130.html 
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The Smarter Banking Choice for Growing Technology Companies.

Bridge Bank’s Technology Banking Division serves venture-backed and non venture-backed companies from inception to IPO. Bridge Bank's product offering includes growth capital, equipment and working capital credit facilities and treasury management solutions, along with a full line of international products and services and financing secured by domestic, government and foreign receivables. For details, visit www.bridgebank.com

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o Briefly Noted:


(Campbell, Calif.) Campbell-based Rainmaker Systems, a developer of B2B e-commerce tools designed to drive online sales and renewals, on Tuesday named David Guercio as its senior vice president of sales and marketing. Guercio most recently served as the senior vice president of field operations for the Americas and Asia Pacific at KXEN Software.
http://www.rainmakersystems.com 
http://finance.yahoo.com/news/rainmaker-names-david-guercio-senior-103000111.html 

(Palo Alto, Calif.) BraveNewTalent, the U.K.-based developer of a social learning career platform that hosts professional communities, on Tuesday named Kevin Grossman as its director of product marketing. He is the second hire in the company's new Palo Alto office. Grossman was previously the chief strategy officer of HRmarketer.com and co-founder of the TalentCulture "world of work" community that includes the weekly Twitter chat #TChat.
http://www.bravenewtalent.com 
http://www.marketwatch.com/story/bravenewtalent-hires-veteran-hr-industry-marketer-and-influencer-kevin-w-grossman-2012-08-07 

(San Jose, Calif.) San Jose-based Skyera, a developer of solid-state storage technology, on Tuesday named Frankie Roohparvar as its COO. Roohparvar spent the past 13 years at Micron, serving in various senior engineering and executive positions in Flash memory and NAND development. He also was one of the founders of Micron Quantum Devices, an early provider of NOR Flash memory that was acquired by Micron.
http://skyera.com/news-events/press-releases/skyera-names-roohparvar-coo/ 

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Job/Event/Marketplace Listings:
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To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
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> The Smarter Banking Choice for Growing Technology Companies.

Bridge Bank’s Technology Banking Division serves venture-backed and non venture-backed companies from inception to IPO. Bridge Bank's product offering includes growth capital, equipment and working capital credit facilities and treasury management solutions, along with a full line of international products and services and financing secured by domestic, government and foreign receivables. For details, visit www.bridgebank.com
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> 3rd Annual Billington Cybersecurity Summit - Sept. 27, 2012 - Wash., DC


Is your business positioned to capture your share of the over $120 billion global cybersecurity market expected by 2017? The 3rd Annual Billington Cybersecurity Summit addresses the urgency of America's need to remain cyber secure. Join us as we assemble a stunning array of cybersecurity experts such as His Excellency Toomas Hendrik Ilves, President of Estonia; John C. (Chris) Inglis, Deputy Director, NSA; Lt. Gen. Ronnie Hawkins, Director, DISA; Eugene Kaspersky, CEO, Kaspersky Lab; Gen. Michael Hayden (Ret.), Former Dir., CIA & NSA; and Shawn Henry, the FBI's former top cyber cop and cybersecurity experts from the CIA, DHS, INTERPOL Washington, NERC, DOE, NIST, etc. Register today at http://cybersecurity-2012.eventbrite.com (Use discount code PTech for a 15% discount!)
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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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> BA: Turn Sunshine into Savings -- Go Solar With Your Home or Office

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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Drive Sales - Advertise with Tech Wire - Special Summer Rates

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.
 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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