Thursday, August 8, 2013

Bay Area Tech Wire -- Aug. 8

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BAY AREA TECH WIRE -- Aug. 8, 2013
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Mountain View-Based SOASTA Raises $30 Million in New Funding
o S.F.-Based RichRelevance Names Zach Koekemoer as CFO
o AOL Mulling Options on Patch; Could Shed a Third of Sites
o Palo Alto-Based VMware to Repurchase Up to $700 Million in Stock
o Report: IT Employment Grows Nearly 6% in Past Year
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Briefly Noted: Manzama, Equinix

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--The Debate on Public and Private Data Now Available Online
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o Mountain View-Based SOASTA Raises $30 Million in New Funding

Mountain View, Calif. -- SOASTA, a Mountain View-based developer of cloud and mobile testing tools, said on Thursday it has raised $30 million in a new round of funding. New investors Macquarie Capital and Roth Capital, joined previous backers Canaan Partners, Formative Ventures and Pelion Venture Partners in the round, which the company will use to expand its marketing, sales and development activities. "This round of funding will accelerate our current expansion around the globe," said CEO Tom Lounibos. SOASTA's web and mobile test automation and monitoring products, CloudTest, TouchTest and mPulse, are designed to let developers and IT professionals test and monitor users. Clients include Avaya, American Girl, Bonobos, Backcountry.com, Chegg, Experian, Gilt Groupe, Hallmark, Intuit, Microsoft and Netflix.
http://www.soasta.com 
http://www.soasta.com/category/press-releases/ 
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o S.F.-Based RichRelevance Names Zach Koekemoer as CFO

San Francisco -- RichRelevance, a San Francisco-based developer of e-commerce personalization tools for retailers, on Thursday named Zach Koekemoer as its CFO. Koekemoer most recently was the CFO of iPlay, which was acquired by iWin, and previously was the CFO of Industrial Origami and vice president of finance at WageWorks. The move comes amid a period of growth for RichRelevance, which recently added datacenters in Florida and Sweden and acquired Avail Technologies.
http://www.richrelevance.com 
http://www.businesswire.com/news/home/20130808006032/en/RichRelevance-Appoints-Zach-Koekemoer-Chief-Financial-Officer 
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o AOL Mulling Options on Patch; Could Shed a Third of Sites

New York -- AOL could shed one-third of its financially struggling Patch hyperlocal news sites, CEO Tim Armstrong said. In a conference call on Wednesday, Armstrong told analysts that roughly 300 of the company's 900 Patch sites will struggle to reach his stated goal of profitability by the end of this year. "One-third are basically very good-looking things, viable business models that we want to pursue," said Armstrong. "One-third look like they are going to get to that first bucket. And one-third basically look like, in the timeframe and focus we have right now on getting to profitability, it's going to be tough." Armstrong reportedly told employees on Wednesday that AOL has no plans to discard Patch, but is hoping to partner some of the sites with local newspapers. Armstrong was expected to review more detailed plans about Patch with AOL's board on Thursday. "Our number one North Star goal is to get Patch to profitability," said Armstrong. "And to make the tough decisions around Patch to get there."
http://ir.aol.com/phoenix.zhtml?p=irol-eventDetails&c=147895&eventID=4990777 (Conference call transcript)
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o Palo Alto-Based VMware to Repurchase Up to $700 Million in Stock

Palo Alto, Calif. -- VMware, the Palo Alto-based developer of virtualization and cloud infrastructure tools, has announced plans to repurchase up to $700 million in company stock through 2015. The company said it plans to buy the shares from time to time on the open market and through privately negotiated transactions. The new program is in addition to VMware's ongoing $250 million stock repurchase program, originally announced in November. The news helped push company shares up 2.5% in Thursday trading on the New York Stock Exchange.
http://www.vmware.com/ 
http://ir.vmware.com/releasedetail.cfm?ReleaseID=783603 
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o Report: IT Employment Grows Nearly 6% in Past Year

Alexandria, Va. -- U.S. information technology employment has grown nearly 6% in the past year, according to new figures from the TechServe Alliance, a collaboration of IT firms, clients, consultants and suppliers. The organization said the number of IT jobs grew 0.4% to 4.49 million in July. Since July 2012, the figure has grown 5.9%, with the industry adding 252,000 jobs. "With July's strong showing, IT employment has now has now grown for 23 consecutive months," said Mark Roberts, CEO of the TechServe Alliance.
http://www.techservealliance.org 
http://www.techservealliance.org/pressroom/documents/IndexReleaseAugust2013.pdf (PDF)
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o Briefly Noted:


(San Francisco) San Francisco-based Manzama, a developer of business intelligence platforms, on Thursday named Miles McGoun as its senior vice president of global sales. McGoun has spent the past 14 years at Tikit, which was recently acquired by British Telecom.
http://www.manzama.com/about_press.html
 
(Redwood City, Calif.) Redwood City-based Equinix, an owner and operator of data centers, said on Thursday it has opened its fourth data center in Japan. The company said it has invested $43 million in the facility, to be known as TY4.
http://www.equinix.com/company/news-and-events/press-releases/equinix-opens-fourth-data-center-in-tokyo/

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

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