| ============================================ BAY AREA TECH WIRE -- Sept. 12, 2013 ============================================ To Subscribe: www.bayareatechwire.com o Morgenthaler Technology Launches $175 Million Canvas Venture Fund o San Francisco-Based Insightly Raises $10 Million in Second Round o San Jose-Based Extreme Networks to Acquire Enterasys for $180 Million o Dolby Laboratories Founder Ray Dolby Dead at 80 o Dell Shareholders Approve Founder's $24.9 Billion Buyout Offer o Briefly Noted: PPC Associates - 3Q Digital, Zuora _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Chief Information Officer/IT Director - City of Mountain View --IDF13 San Francisco --The Debate on Public and Private Data Now Available Online --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 Ad Descriptions Below Briefly Noted Section Post Job/Event/Marketplace ad: http://www.bayareatechwire.com _____________________________________________ o Morgenthaler Technology Launches $175 Million Canvas Venture Fund Menlo Park, Calif. -- A trio of partners from Morgenthaler Ventures has launched Menlo Park-based Morgenthaler Technology, an independent firm that plans to launch funds focused exclusively on information technology investments. The initial $175 million fund, known as the Canvas Venture Fund, will invest $5-$15 million each in early-stage software and services companies. Managing directors Gary Little, Rebecca Lynn and Gary Morgenthaler said they eventually plan to raise several more early-stage tech funds. The three previously have invested in companies such as Evernote, Lending Club, Siri, MuleSoft, NexTag, Nuance Communications, Illustra Technologies, NuoDB, Doximity, Check and Socrata. The new fund has named Ching Wu, a former vice president at Morgenthaler Ventures, as a partner, and Alex Nigg, a former executive in residence, as a venture partner. http://www.canvasvcfund.com http://www.prnewswire.com/news-releases/the-canvas-venture-fund-closes-at-175m-exceeds-target-of-150m-223440171.html _____________________________________________ o San Francisco-Based Insightly Raises $10 Million in Second Round San Francisco -- Insightly, a San Francisco-based provider of customer relationship management software to small businesses, said on Thursday it has raised $10 million in its second round of funding. Cloud Apps Management led the round, which also included participation by Emergence Capital Partners, Sozo Ventures and TrueBridge Capital Partners. Matt Holleran, the founder and managing director of Cloud Apps, and Gordon Ritter, founder and general partner of Emergence, will join the company's board. Insightly said it plans to use the financing to expand globally, fund new partnerships and make several key hires. It also plans to expand to a larger office space in San Francisco's SOMA district. More than 184,000 small businesses used the company's cloud-based CRM and project management tools to track customer interactions and manage contacts, proposals, projects and files. Insightly previously had raised $3 million in a round that closed last year. http://insightly.com http://www.businesswire.com/news/home/20130912005333/en/Insightly-Secures-10-Million-Series _____________________________________________ o San Jose-Based Extreme Networks to Acquire Enterasys for $180 Million San Jose, Calif. -- Extreme Networks, a San Jose-based developer of Ethernet switches, said on Thursday that it will pay $180 million in cash to acquire New Hampshire-based Enterasys, a developer of network infrastructure and security tools. The deal is expected to close by year's end. Chuck Berger, the president and CEO of Extreme Networks, said the acquisition "will extend and complement our product offering, which we expect will provide significant added value to the current customers." Extreme said it plans to continue supporting both companies' products, with plans to incorporate some of Enterasys' features into its ExtremeXOS network operating system within the next two years. Enterasys has approximately 900 employees and $330 million in annual revenues. http://www.extremenetworks.com http://www.enterasys.com/ http://investor.extremenetworks.com/releasedetail.cfm?ReleaseID=790266 _____________________________________________ o Dolby Laboratories Founder Ray Dolby Dead at 80 San Francisco -- Ray Dolby, the founder and director emeritus of audio technology company Dolby Laboratories, died on Thursday at his home in San Francisco. He was 80. Dolby had been living with Alzheimer's Disease in recent years, and was diagnosed in July with acute leukemia. Dolby founded Dolby Laboratories in 1965, and his work in noise reduction and surround sound led to the development of many state-of-the-art technologies. He held more than 50 U.S. patents. "Today we lost a friend, mentor and true visionary,” said Kevin Yeaman, the company's president and CEO. "Ray's ideals will continue to be a source of inspiration and motivation for us all." http://www.dolby.com http://www.businesswire.com/news/home/20130912006599/en/Founder-Director-Emeritus-Dolby-Laboratories-Dies-Age _____________________________________________ o Dell Shareholders Approve Founder's $24.9 Billion Buyout Offer Round Rock, Texas -- Computer giant Dell said on Thursday that its shareholders have approved a $24.9 billion buyout of the company by CEO Michael Dell and technology investment firm Silver Lake Partners. Under the deal, which ends a contentious battle to take the company private, Dell stockholders will receive $13.88 a share in cash. "As a private enterprise, with a strong private-equity partner, we'll serve our customers with a single-minded purpose and drive the innovations that will help them achieve their goals," said Dell, the company's founder. Dell had been battling for several months over the future direction of the company with activist investor Carl Icahn. On Monday, however, Icahn bowed out of the bidding, clearing the way for the deal. The acquisition is now expected to close by the beginning of November, ending Dell's quarter century as a publically traded company. http://www.silverlake.com http://www.dell.com http://www.dell.com/learn/us/en/uscorp1/secure/2013-09-12-michael-dell-silver-lake-stockholder-approval _____________________________________________ o Briefly Noted: (San Mateo, Calif.) San Mateo-based digital marketing agency PPC Associates said on Thursday it is changing its name to 3Q Digital. The firm said that the new name better reflects its expanding offerings since beginning life as a search engine marketing agency in 2008. 3Q Digital said its services now include display advertising, Facebook advertising, LinkedIn advertising, video advertising and SEO. http://www.3qdigital.com http://www.prweb.com/releases/2013/9/prweb11091675.htm (Foster City, Calif.) Foster City-based Zuora, developer of a cloud platform used by clients to launch, scale and monetize their subscription services, on Thursday named Keith Costello as its senior vice president of global services. Costello previously served in senior executive roles at Oracle, Siebel Systems and SAP. The company also has named Guillaume Vives, previously its senior vice president of professional services, as its new senior vice president of strategy and product management. http://www.zuora.com http://www.businesswire.com/news/home/20130912005474/en/Oracle-SAP-Executive-Joins-Zuora-Senior-Vice =================================================== 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 > Chief Information Officer/IT Director - City of Mountain View The newly created CIO position will join a leadership team committed to innovation, creativity, and transforming local government through leading ideas and practices. As the Department Director, the CIO will oversee a staff of 14 employees in planning, maintaining, and managing the City's information systems and communications networks. Bachelor’s degree is required; MBA or MCS is highly desired. This position requires five years responsible experience in information technology, three years of which must have been at a supervisory or management level. Salary range is $132,816 to $193,834 DOQ. Brochure available at www.ralphandersen.com Inquiries encouraged to (916) 630-4900. Email resume and cover letter to apply@ralphandersen.com prior September 27, 2013. ____________________________________________ > 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 ____________________________________________ > 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 ____________________________________________ 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 =================================================== Subscribe to other newsletters from Tech Wire Media Group: Potomac Tech Wire: http://www.potomactechwire.com Bay Area Tech Wire: http://www.bayareatechwire.com New England Tech Wire: http://www.newenglandtechwire.com Digital Media Wire: http://www.digitalmediawire.com Advertising: If you are interested in advertising in our newsletters, call Parul Nath at 1-301-656-0057 xt 1102 or send email to parul@techwiremedia.com News tips, press releases. Send email to: editorial@bayareatechwire.com Tech Wire Mailing Address: 325 Pennsylvania Ave. SE Suite 250 Washington, DC 20003 Copyright: CapWire Inc. 2013 |
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