| ============================================ BAY AREA TECH WIRE -- Oct. 3, 2013 ============================================ To Subscribe: www.bayareatechwire.com o San Francisco-Based Twitter Discloses Plans for IPO o San Jose-Based A10 Lands $80 Million Investment from Summit Partners o Mountain View-Based Quixey Raises $50 Million in Third Round o Los Altos-Based Netskope Emerges from Stealth with $21 Million o San Francisco-Based Madefire Lands $5.2 Million in First Round o Los Altos-Based Jemstep Raises Another $4.5 Million o San Francisco-Based CommutePays Raises $1.1 Million in Funding o Fremont-Based Silicon Graphics International to Acquire FileTek o Briefly Noted: Federated Media Publishing, Demandbase, Electric Cloud _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Concord Law School "Meet the Dean" Reception - San Jose - Oct 10 --Search Services Without a Fee --Service Co-ordinator/Customer Service Representative --TelcoVision Conference - Las Vegas --Chief Information Officer/IT Director - City of Mountain View --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 San Francisco-Based Twitter Discloses Plans for IPO San Francisco -- In what's certain to be one of the most highly anticipated initial public offerings ever, San Francisco-based social networking giant Twitter on Thursday officially unveiled plans to raise up to $1 billion in its IPO. The company, which announced last month -- through a tweet -- that it had confidentially filed to go public, has not yet divulged details of the offering, such as the number of shares to be sold or their expected price range. It plans to list shares under the symbol "TWTR" on an unspecified exchange. Goldman, Sachs & Co.; Morgan Stanley, J.P. Morgan, BofA Merrill Lynch and Deutsche Bank Securities are listed as lead underwriters. The company claims 215 million monthly active users of its service, which lets people send up to 140 characters of text. Twitter's IPO is certain to be the most hyped since Facebook went public in May 2012. The company's complete S-1 filing is available at the link below. http://www.sec.gov/Archives/edgar/data/1418091/000119312513390321/d564001ds1.htm _____________________________________________ o San Jose-Based A10 Lands $80 Million Investment from Summit Partners San Jose, Calif. -- A10 Networks, a San Jose-based developer of technology designed to help clients accelerate, optimize and secure their applications, said on Thursday it has landed an $80 million equity investment from Summit Partners. The company also announced a $35 million revolving credit facility from Bank of America Merrill Lynch, J.P. Morgan and RBC Capital Markets. "With the additional capital, we will continue to invest in R&D, customer support, sales and marketing, as well as continue to grow our global workforce well beyond our current 600 employees," said CFO Greg Straughn. A10 now has raised $120 million in equity investments since its launch in 2004. http://www.a10networks.com http://www.summitpartners.com/ http://www.prnewswire.com/news-releases/a10-networks-raises-115-million-in-new-capital-based-upon-continued-growth-226308261.html _____________________________________________ o Mountain View-Based Quixey Raises $50 Million in Third Round Mountain View, Calif. -- Quixey, the Mountain View-based developer of a search engine for apps, said on Thursday it has raised $50 million in its third round of funding, led by Alibaba Group. GGV Capital and previous investors Innovation Endeavors, TransLink Capital, US Venture Partners, Atlantic Bridge and WI Harper also participated. The company now has raised $74.2 million since its inception. Quixey plans to use the funds to further develop its "functional search" technology, which allows users to find apps by describing what they want to do. The company also plans to add an unspecified number of employees. http://www.quixey.com http://finance.yahoo.com/news/quixey-secures-50-million-funding-113000797.html _____________________________________________ o Los Altos-Based Netskope Emerges from Stealth with $21 Million Los Altos, Calif. -- Netskope, a Los Altos-based cloud app analytics and policy startup, said on Thursday it has emerged from stealth with $21 million in funding from The Social+Capital Partnership and Lightspeed Venture Partners. Netskope's platform is designed to let employees use unsanctioned cloud apps without security or performance risks. "Cloud apps are the inevitable future because they let people go fast and work flexibly," said CEO Sanjay Beri. "We created Netskope to eliminate the catch-22 between being agile and being secure." The company, which currently has just over 50 employees, will use the funding primarily for sales expansion and product development. http://www.netskope.com/ http://www.netskope.com/press-releases/netskope-unmasks-enterprise-cloud-app-usage/ _____________________________________________ o San Francisco-Based Madefire Lands $5.2 Million in First Round San Francisco -- Madefire, the San Francisco-based developer of a mobile publishing platform for artists and writers, said it has raised $5.2 million in its first round of funding. True Ventures led the round, which also included participation from Anthem Venture Partners, Crosslink Ventures, Correlation Ventures and several angels. Madefire is the creator of a touch publishing platform that creates what the company calls "Motion Books" -- books with words, pictures, sound, motion and interactivity. "As reading rapidly moves to digital devices -- people expect more than just scanned in books," said CEO Ben Wolstenholme. http://madefire.com http://www.marketwired.com/press-release/media-and-tech-investors-fuel-madefires-next-chapter-1837070.htm _____________________________________________ o Los Altos-Based Jemstep Raises Another $4.5 Million Los Altos, Calif. -- Jemstep, a Los Altos-based online investment advisor focused on people saving for retirement, said on Thursday it has raised $4.5 million in a follow-on to its first round. New investor Caleo Capital joined several previous backers in the tranche, which increases the company's total funding to $15 million. The company will use the proceeds to expand distribution, enhance its service and make key new hires. Jemstep also said it has hired 17-year Silicon Valley startup veteran Mark Richards to lead product management. Richards, most recently with Sand Hill Partners, previously co-founded NetMind, which was acquired by Intellisync (Nokia) for $800 million. "Jemstep's goal is to help self-managed investors make the most from their savings for retirement," said Simon Roy, the president of Jemstep. http://www.jemstep.com https://www.jemstep.com/marketing/jemstep-funding-15million _____________________________________________ o San Francisco-Based CommutePays Raises $1.1 Million in Funding San Francisco -- CommutePays, the San Francisco-based developer of a loyalty and rewards mobile app for commuters, said on Thursday it has raised $1.1 million in a new round of funding and graduated from the Rocket Space Accelerator program. Participants in the round included several individual investors. Shahir Ahmed, the company's founder and CEO, said the company's app, currently available for iOS devices and soon for Android, targets the estimated 100 million commuters in the U.S. who travel more than 45 minutes daily. Through the app, advertising partners offer rewards to members of the company's network, allowing users to redeem points accrued during commutes for goods at a wide range of restaurants and retailers. http://commutepays.com _____________________________________________ o Fremont-Based Silicon Graphics International to Acquire FileTek Fremont, Calif. -- Silicon Graphics International (SGI), a Fremont-based provider of technical computing and big data analytics services, said on Thursday it has acquired Maryland-based storage technology firm FileTek. Financial terms of the deal were not disclosed. The acquisition expands SGI's storage offerings with the addition of FileTek's StorHouse big data storage and Trusted Edge data migration tools. SGI said it will continue to develop, sell and support both products under its own brand, with plans to eventually integrate some of the technology into other products. "We are excited that this acquisition will continue to allow both products to fully achieve their potential through wider global distribution with SGI," said FileTek CEO Bill Loomis. http://www.filetek.com/ http://www.sgi.com/company_info/newsroom/press_releases/2013/october/filetek.html _____________________________________________ o Briefly Noted: (San Francisco) San Francisco-based Federated Media Publishing, a digital media firm that helps companies market their brands through web sites, blogs and social networking apps, on Thursday named Keith Fagan as its senior vice president and general manager of data solutions. Fagan most recently was the head of new initiatives at Datalogix. http://www.federatedmedia.net/about/press/federated-media-has-done-an-incredible-job-building-partnerships-with-hundreds-of-thousands-of-publ/ (Redwood City, Calif.) Redwood City-based SVForum, a non-profit organization for technologists and entrepreneurs in Silicon Valley, said on Thursday it will hold its inaugural Startup Expo Oct. 23 in Menlo Park. The event is open to accredited investors and emerging tech startups seeking Series A, B, and C rounds of funding, as well as seed funding. Pre-registration is required to participate. https://svforum.org/Demo-Day/SVForums-First-Ever-Startup-Expo-Day-Demo-Deliver-Debut-Your-Company (San Francisco) San Francisco-based Demandbase, developer of a B2B targeting and personalization platform, has named Brian Barnum as its CFO. Barnum most recently served as CFO and COO of the Rubicon Project, and previously was the COO and CFO of Business.com. http://www.demandbase.com http://www.businesswire.com/news/home/20131002006358/en/Brian-Barnum-Joins-Demandbase-Chief-Financial-Officer (San Francisco) San Francisco-based Electric Cloud, a developer of tools designed to automate and accelerate the software delivery process, has named Jim Ensell as its new CMO. Ensell most recently was the chief marketing and strategy officer at CollabNet, and previously served as the president and COO of rfXcel. http://www.electric-cloud.com http://ca.finance.yahoo.com/news/electric-cloud-appoints-jim-ensell-190100372.html =================================================== 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 > Concord Law School "Meet the Dean" Reception - San Jose - Oct 10 Concord Law School hosts a reception in conjunction with the State Bar of California Annual Meeting on Thursday, October 10th, 7pm-9pm. Meet Dean Greg Brandes and area alumni on the rooftop garden at The Loft Bar And Bistro, 90 S 2nd Street, San Jose. Many Concord graduates have successfully merged a tech career with a legal education. If you are involved with patents or other intellectual property issues - or if you want to be - learn how online, part-time Concord Law School http://www.concordlawschool.edu may serve your interests. You are invited to join the Concord community on the 10th to find out. Concord Law School: Online. On Your Schedule. On Your Way. For info/RSVP email: CAEvent@concord.kaplan.edu ____________________________________________ > Search Services Without a Fee Before you engage another placement agency, OR hire a contract recruiter, talk to ChiefPeople about our Project Based Recruitment Offering. We have all the resources you'd expect in a placement agency, we guarantee every hire for a full 6 months, and we work on an hourly basis with no placement fees. In addition to reducing your cost-per-hire, we can shorten your time-to-hire, using tools that we've developed. For more information, please contact Roger King, roger@chiefpeople.com 415-339-8544. ____________________________________________ > Service Co-ordinator/Customer Service Representative Portline supplies is looking for ambitious individuals who want to take their career to next level, self -motivation towards hard work is essential to work as part of a dynamic team to help us continue in our tradition of success. If you are an experienced and skilled job-seeker looking for a career in Customer Service, consider Portline Supplies. We offer competitive procurements, supply and event management services. We also offer a comprehensive and competitive benefits package that affords wide-ranging services options to meet the different needs of our diverse client. We are currently looking for people with a great customer focus, computer proficiency, good communication skills, and strong attention to detail. In exchange, we can offer you a competitive hourly rate, paid training, and comprehensive benefits. About us: Portline Supplies is a growing company with a high standard of excellence. We work in a casual and fun working environment and welcome people with an entrepreneurial spirit. Portline Supplies is a Procurements, supply and event management company. We specialize in giving clients an innovative and unique take on their audience that helps push the envelope in terms of Procurements and consumer engagement. Portline Supplies is proud to be an equal opportunity employer. Send resumes to portlinesupplies@gmail.com ____________________________________________ > TelcoVision Conference - Las Vegas TelcoVision is the conference to attend for Tier 2-4 broadband service providers charged with developing their company’s move to an all-IP broadband network. Join key influencers from across the broadband industry to network, learn and come away with actionable strategies which will maximize your investments in the systems and services that power your network and grow your business. Register today at http://www.telcovisiononline.com with code WETV1337 to save $200 or get a FREE expo pass. ____________________________________________ > 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. ____________________________________________ 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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