Tuesday, August 27, 2013

Bay Area Tech Wire -- Aug. 27

BAY AREA TECH WIRE -- Aug. 27, 2013
To Subscribe: www.bayareatechwire.com

San Mateo-Based RingCentral Files to Raise $100 Million in IPO
o S.F.-Based WaterSmart Software Lands $4.5 Million in First Round
o San Francisco-Based 99designs Acquires Brazil's LogoChef
o Ted Tewksbury Resigns as President and CEO of San Jose-Based IDT
o SoundExchange Sues SiriusXM Over Unpaid Royalties
Briefly Noted: BlackRidge Technology, Bramasol


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

--Bay Angels Presents: Real Money Gaming
--Free Webinar from Smartlogic: Secure your Documents in SharePoint
IDF13 San Francisco
--The Debate on Public and Private Data Now Available Online
--Airport CIO/ITT Director
--Mobile Commerce World
--Patent Applications Drafted
--Research Leader – Collaboration and Communications
--Director of Business Development

--Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers

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o San Mateo-Based RingCentral Files to Raise $100 Million in IPO

San Mateo, Calif. -- RingCentral, the San Mateo-based developer of cloud-based business communications tools, has filed with the Securities and Exchange Commission (SEC) to raise up to $100 million in its initial public offering (IPO). The company has yet to reveal details of the offering, such as the number of shares to be sold or their expected price range. It expects to list its stock under the symbol "RNG." RingCentral, which is primarily backed by Sequoia Capital, Khosla Ventures and DAG Ventures, generated $106 million in sales last year for a net loss of about $34 million.

o S.F.-Based WaterSmart Software Lands $4.5 Million in First Round

San Francisco -- WaterSmart Software, a San Francisco-based developer of software used by utilities to help educate customers about conservation, said on Tuesday it has raised $4.5 million in its first round of funding, led by The Westly Group. Physic Ventures, Draper Fisher Jurvetson and Apsara Capital also participated. "This infusion of capital will help WaterSmart build on the success of the last year and bring our cloud-based customer engagement software to more water utilities across the country," said founder and CEO Peter Yolles. WaterSmart provides cloud-based software to help water utilities engage their residential customers and make personalized recommendations on how to conserve water. The company has announced contracts with utilities throughout California, Colorado and Texas including East Bay MUD, Irvine Ranch Water District, and the Cities of Sacramento, Davis and Newport Beach.

o San Francisco-Based 99designs Acquires Brazil's LogoChef

San Francisco -- 99designs, the San Francisco-based operator of an online graphic design marketplace, said on Tuesday it has acquired Brazil-based counterpart LogoChef. Financial terms of the deal were not disclosed. CEO Patrick Llewellyn, the president and CEO of 99designs, called the acquisition "the next step in our globalization strategy." 99designs also said it has launched a Portuguese version of its site at 99designs.com.br. LogoChef is the company's second acquisition in the past year, after last August acquiring European design marketplace 12Designer.

o Ted Tewksbury Resigns as President and CEO of San Jose-Based IDT

San Jose, Calif. -- Integrated Device Technology (IDT), the San Jose-based developer of analog and mixed-signal semiconductors, said that Ted Tewksbury has resigned as its president and CEO. The company, which did not offer a specific reason for Tewksbury's departure, has named board member Jeffrey McCreary as its interim head. McCreary, a former senior vice president at Texas Instruments, has served on the company's board since mid-2012. The board has formed a search committee to find candidates to fill the roles on a permanent basis.

o SoundExchange Sues SiriusXM Over Unpaid Royalties

Washington, DC -- SoundExchange, the non-profit that collects royalties for musicians from satellite radio firms, Internet radio services and cable music channels, said it has filed a suit against SiriusXM seeking to recover what it calls "massive underpayment" of digital royalties over a six-year period. The organization said the satellite radio firm underpaid by "$50 to $100 million or more" by taking a number of impermissible deductions and exemptions in calculating its royalty payments from 2007-2012. The suit was filed in the U.S. District Court for the District of Columbia. "SiriusXM is knowingly withholding royalties from the creators who bring life to their service, even as the company continues to experience unprecedented and explosive growth," said Michael Huppe, the president and CEO of SoundExchange.
http://www.soundexchange.com/wp-content/uploads/2013/08/SoundExchange-Sues-SiriusXM-Complaint.pdf (PDF of lawsuit)

o Briefly Noted:

(Santa Clara, Calif.) Santa Clara-based BlackRidge Technology, a developer of network security technology, has named three new members to its board of directors. They include Richard Berman, Frank Fanzilli Jr. and Robert Lentz. They will join existing board members Bob Graham, the company's chairman and CEO, and John Hayes, its CTO.

(South San Francisco) South San Francisco-based Bramasol, a provider of back-office business software to mid-to-large sized companies in the U.S. and India, on Tuesday named Mina Farahmand as its CFO. Farahmand previously served as the CFO of Xeralux and international CFO of Ultratech.

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

> Bay Angels Presents: Real Money Gaming

A panel of industry experts will discuss opportunities arising at the convergence of Social, Mobile, and Real Money Gaming (RMG). Our panel will explore how social and mobile game companies are impacting the real money space and how these companies can bring their RMG products successfully to markets around the world. The panel will be followed by "pitches" from several early stage companies, including CashBet. If you are interested in presenting, contact roger@bayangels.com If you are interested in attending register at: http://www.eventbrite.com/event/7903320043 When: 5:30 PM August 27th. Where: SOMA office of Wilson Sonsini, 130 Townsend St, San Francisco. Questions: Contact Roger King, CEO, ChiefPeople 415-339-8544. Sponsored by: www.chiefpeople.com Potential investors and members of the gaming community are encouraged to attend.

> Free Webinar from Smartlogic: Secure Your Documents in SharePoint

SharePoint experts Charlie Holland from Summit 7 Systems and Patrick Fleming, Smartlogic, will host a free 30-minute webinar on August 28th at 12pm EDT. In this session, they will discuss how to identify and secure sensitive information, control workflow processes, enforce governance policies, and make the most of the eDiscovery Center in your SharePoint environment. This session will explain how Semaphore works with SharePoint's information architecture policies to apply rules to documents that will help you govern how these documents are handled. Some may be moved to secure folders or kept from entering the SharePoint environment entirely based on, for example: personally identifiable information, protected health information, or commercially sensitive production information. You can also apply a retention period to a set of documents based on what it is about. Hear about this and more from our experts on August 28th. www.tiny.cc/SharePointWebinar Send inquries to Kelly.McDermott@smartlogic.com

> IDF13 San Francisco

Intel Developers Forum 2013: 40 billion connected devices by 2020. Which ones will run your software? Take a fresh look at attending IDF13 San Francisco, Sept. 10-12. Software developers can expect to see more software, a focus on mobile and a preview of cross-platform technologies. With more than 45 software sessions, hands-on labs and poster chats planned across multiple OS development, open innovation, big data, services, security and more. For developers, attend the full 3-day conference at a special discount rate of $995 until Aug. 6. For Bay Area Tech Wire subscribers, first time attendees experience IDF13 with a free Day Pass using code CDYBATW (availability is limited), Register now! https://secure.idfregistration.com/IDF2013/

> The Debate on Public and Private Data Now Available Online

Now available online! Listen in to the insightful and entertaining panel of legal and IT experts who debated issues of privacy and big data recently in Menlo Park. Hosted by Concord Law School. Moderated by NYU Professor Arthur Miller, the panelists included: Joseph Alhadeff, Chief Privacy Strategist/VP Global Public Policy, Oracle; Ian Ballon, Greenberg Traurig, Executive Director Stanford Law's Center for E-Commerce; Johannes Ernst, Cloudstore; Thomas Feledy, Lieutenant, SF Police Department; Françoise Gilbert, Founder/Managing Director of the IT Law Group; Ann Geyer, Managing Director of Tunitas Group; Matthew Miller, Managing Director, Walden Venture Capital; and Mark Weinstein of Sgrouples.com. The video is available at www.ConcordDebate.com

> Airport CIO/ITT Director

With a $4.1 billion 10-year Capital Improvement Plan, SFO is building for the future! The Airport CIO/ITT Director will support this aggressive CIP to ensure SFO continues its commitment to setting the standard for the industry and continues to elevate the air travel experience at SFO. The Airport CIO/ITT Director oversees the Airport’s ITT Section consisting of over 65 employees involved in delivering and maintaining complex information and telecommunications networks/systems to over 2,000 users. Detailed brochure available at www.ralphandersen.com Salary range is $143,832 - $183,586 plus benefits. E-mail resume, cover letter, and salary history by August 9, 2013. Confidential inquiries encouraged to Heather Renschler at (916) 630-4900. Send resumes to apply@ralphandersen.com

> Mobile Commerce World

Mobile Commerce World is for retail and enterprise executives charged with developing their company’s mobile commerce strategy. Mobile Commerce World brings together the mobile commerce ecosystem, including marketers, retailers, mobile app developers, software and service providers, integrators, security providers, operators, business strategists and leading companies. The 3 day conference program offers more than 50 sessions, 120+ experts, along with an exhibit of leading solution providers, all focused on educating the next generation of retailers and businesses who are developing their mobile commerce strategy. Register today for a free expo pass at http://www.mcommworld.com/sanfrancisco/?sourceCode=WEMCW13111

> Patent Applications Drafted

I am a registered patent attorney with over 20 years experience. I charge a flat fee of $3600.00 (excluding all government filing and drafting fees) to prepare a utility patent application for filing with the US Patent & Trademark Office. I work in both mechanical and electrical areas. Sample patents drafted include: 6,134,944; 6,158,244; 6,225,635; 6,226,346; 6,417,754; 6,490,469; 6,515,737; and 6,850,920. I am located in San Jose near the airport. Send inquiries to prestonianpatents@gmail.com

> Research Leader – Collaboration and Communications

Current Analysis is a provider of competitive intelligence, market analysis products, and advisory services to Fortune 100 Telecom Service Providers and IT Software and Service Vendors. We currently seek a Research Leader to work in our Collaboration and Communications group. Qualified candidates should have a thorough understanding of the collaboration and communications marketplace as well as technical knowledge of and/or expertise with unified communications, PBX systems, hosted telephony platforms, presence and chat, voice and video conferencing, and tele-presence solutions. The Research Leader will deliver intelligence and analysis to our clients and gives end-users insight into the strengths and weaknesses of competing vendors and their offerings; Proactively track and analyze the collaboration and communications marketplace; Attend industry trade shows, analyst conference, webinars and vendor briefings; Present research findings in both live and online events. To apply for this position send your resume to: hr@currentanalysis.com or fax at: 703.421.3077

> Director of Business Development

Join a growing commercial software company! Be a leader in helping organizations adopt innovative business management software, both in the cloud and self-hosted! Unanet Project Portfolio comprises a complete Professional Services Automation (PSA) solution with Budgeting & Forecasting, Resource Planning & Skills Management, Timesheet and Expense Management, Billing and Revenue Recognition, Project Management & Reporting and Teamwork Collaboration capabilities in software solution. Unanet Project Portfolio is a web-based solution that delivers real-time performance management and project accounting for our customers’ projects and people. To learn more about the Director of Business Development position, please visit www.unanet.com Send resumes to careers@unanet.com

> Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers

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