| ============================================ BAY AREA TECH WIRE -- Oct. 7, 2013 ============================================ Sponsored By: TelcoVision Conference - Las Vegas http://www.telcovisiononline.com o Mountain View-based Quixey Raises $50 Million in Third Round o Menlo Park-based Personalis Raises $22 Million in Second Round o Palo Alto-based MongoDB Raises $150 Million in Venture Capital o Francisco Partners Acquires Ecommerce Company Avangate o NVCA Reports Venture Capital Firms Raise $4.1 Billion in Third Quarter o Lockheed To Scale Back Furloughs As Most DoD Employees Return to Work > TelcoVision Conference - Las Vegas o Briefly Noted: Shutterfly, Anuta Networks, Twitter _____________________________________________ > 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 Mountain View-based Quixey Raises $50 Million in Third Round Mountain View, Calif. -- Quixey, the developer of a search engine for mobile apps, has raised $50 million in its third round of funding, led by Alibaba Group. Other investors in the round included GGV Capital, Innovation Endeavors, TransLink Capital, US Venture Partners, Atlantic Bridge and WI Harper. The company has now raised $74.2 million to date. With the proceeds, Quixey will be expanding its technology that allows users to find apps by describing what they want to do. "Next year, 95% of the world's population will have mobile access, and by 2016 people will use 1.5 billion smart mobile devices. Quixey is at the epicenter of this brave new world," said Tomer Kagan, CEO and co-founder at Quixey. http://www.prnewswire.com/news-releases/quixey-secures-50-million-in-funding-led-by-alibaba-group-226288001.html _____________________________________________ o Menlo Park-based Personalis Raises $22 Million in Second Round Menlo Park, Calif. -- Personalis, the Menlo Park-based provider of advanced medical genome sequencing and interpretation services, announced that it has closed on $22 million in its second round of financing. The company has now raised a total of $42 million. Previous investors Lightspeed Venture Partners and Mohr Davidow Ventures participated in the latest funding round that also included new investors at Wellington Shields & Co. LLC of New York. The company has sequenced over 7,000 human samples. http://www.personalis.com/news-and-events/press-releases/personalis-closes-22m-series-b-financing _____________________________________________ o Palo Alto-based MongoDB Raises $150 Million in Venture Capital Palo Alto, Calif. -- MongoDB, a provider of big data management technology, announced it has raised $150 million in a new venture capital deal. The company has dual headquarters in Palo Alto and New York. Founded in 2007, MongoDB now has over 320 employees worldwide, based in 10 offices. The company's latest investment round was co-led by Altimeter Capital and salesforce.com, with participation from existing investors NEA, Intel Capital, Red Hat and Sequoia Capital. "Adoption of MongoDB has grown explosively over the last few years," said Max Schireson, CEO at MongoDB, in the announcement. "Building the product and company to bring greater agility and scalability to how organizations manage data will require a large and sustained investment." http://www.mongodb.com/press/mongodb-closes-150-million-funding _____________________________________________ o Francisco Partners Acquires Ecommerce Company Avangate San Francisco -- Francisco Partners, a global technology-focused private equity firm, announced that it has acquired Amsterdam-based Avangate, an e-commerce technology company. The Dutch company's U.S. offices are based in Redwood Shores, California. Financial terms in the deal were not disclosed. "The explosion of customer touch points has shifted buyer behavior at both traditional B2C and B2B companies and is driving the need for organizations to rethink their commerce solutions," said Avangate CEO Carl Theobald. "We're calling this shift in the market 'Business-to-individual'". http://www.avangate.com/company/news/press/francisco-partners-acquires-avangate.html#sthash.d92k4RVl.dpuf _____________________________________________ o NVCA Reports Venture Capital Firms Raise $4.1 Billion in Third Quarter Arlington, Va. -- U.S. venture capital firms raised $4.1 billion during the third quarter of 2013, an increase of 28% over the amount raised during the same quarter last year, according to a new survey released on Monday by the National Venture Capital Association (NVCA). The capital was committed to 56 separate funds, representing the highest number for any quarter in the previous 12 months, according to the survey. "The gradually improving IPO market, along with better quality exits on the M&A side, are signaling to limited partners that venture funds can still yield attractive returns,” said John Taylor, NVCA head of research, in an announcement. Fundraising during the most recent quarter was led by Boston-based Greylock Partners, which raised $1 billion and Silicon Valley-based Sequoia Capital, which raised $553 million. The Greylock fund is the first U.S. venture capital fund to raise over $1 billion this year. http://nvca.informz.net/NVCA/data/images/q313fundraisingreleasefinal.pdf _____________________________________________ o Lockheed To Scale Back Furloughs As Most DoD Employees Return to Work Washington, D.C. -- In response to the Defense Department's announcement over the weekend calling most of its employees back to work, Lockheed Martin announced that it will cut the number of employees it is furloughing from 3,000 to 2,400. Despite the ongoing government shutdown, legislation signed by President Obama allowed Defense Secretary Chuck Hagel to call most civilian Department of Defense workers back to work by deeming them necessary for the "morale, well-being, capabilities and readiness" of service members. Lockheed said on Friday that it would need to furlough employees who either work at closed government facilities, require a government inspection that can't be completed or have been impacted by a stop work order. "As a result of Secretary Hagel’s announcement that most of the nearly 400,000 civilian Department of Defense (DOD) employees have been deemed essential for national security, Lockheed Martin will reduce the number of employees who will be affected by government shutdown today," the company said in a statement. "The Department of Defense's decision will not eliminate the impact of the government shutdown on the company's employees and the business. The company will still have approximately 2,400 employees unable to work." http://www.lockheedmartin.com/us/news/press-releases/2013/october/statement-on-dod-return-to-work.html _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| 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. |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| _____________________________________________ o Briefly Noted: (Redwood City, Calif.) Shutterfly, the Redwood City-based digital photo company, announced on Monday the promotion of Dan McCormick to senior vice president and chief operating officer. McCormick has been with the company for nine years. http://ir.shutterfly.com/releasedetail.cfm?ReleaseID=795307 (Milpitas, Calif.) Anuta Networks, a developer of network services virtualization technology, announced that it is expanding its presence in Europe by opening an office in Dublin, Ireland. http://www.anutanetworks.com/press-release-oct2013/ (San Francisco) Bloomberg reported that various investment firms are projecting that Twitter's upcoming initial public offering (IPO) could value the company at between $15-$20 billion. Figures from Twitter's IPO filing with the SEC would value the company at just under $13 billion. http://www.bloomberg.com/news/2013-10-07/twitter-s-valuation-seen-exceeding-20-billion-after-ipo.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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