Tuesday, October 8, 2013

Bay Area Tech Wire - Oct. 8

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BAY AREA TECH WIRE -- Oct. 8, 2013
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Free Whitepaper: TechRadar for Digital Customer Experience Technologies
http://www.siteworx.com/news/whitepapers/digital-experience-technologies

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BASIS Science Raises Additional $11.75 Million in Second Round
o Palo Alto-Based Refresh Raises $10 Million
o Palo Alto-based Oak Investment Partners Invests in $16M Deal for B5M
o Francisco Partners Invests in Electronic Medical Records Firm NexTech
o Sunnyvale-based Xoriant to Acquire San Jose-based IDEA Solutions
o Sunnyvale-based Untangle Inc. Raises $2.7 Million of Venture Capital
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Free Whitepaper:TechRadar for Digital Customer Experience Technologies
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Briefly Noted: Presto Engineering, Avidbank Corporate Finance, AirTight Networks, Genesys

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--Free Whitepaper: TechRadar for Digital Customer Experience Technologies
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o BASIS Science Raises Additional $11.75 Million in Second Round

San Francisco -- BASIS Science, a San Francisco-based developer of a wrist-based health tracker to improve fitness and sleep, announced that it has raised a further $11.75 million in its second round of funding. The round included investments from Intel Capital, iNovia Capital, Dolby Family Trust, Stanford University and Peninsula-KCG. Existing investors Mayfield Fund, DCM and Norwest Venture Partners, also participated. The company has now raised more than $23 million. The company's wrist-based health tracker uses four types of sensors to calculate steps taken, calories burned and sleep quality, as well as physiological metrics like heart rate.
http://www.mybasis.com/wp-content/uploads/2013/10/BASISrelease100813.pdf
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o Palo Alto-Based Refresh Raises $10 Million

Palo Alto -- Refresh, a Palo Alto-based startup that helps users prepare for meetings by providing background information on individuals, has raised $10 million in financing from Redpoint Ventures, Charles River Ventures, and Foundation Capital. The company has developed an app that provides real-time dossiers on individuals. "Our goal is to help you win points in every conversation you have by delivering real-time insights about people you meet -- their passions, achievements, jobs, trips taken, close friends, interests -- so that conversations have more meaning and purpose," wrote co-founders Bhavin Shah and Paul Tyma in a blog posting
http://www.refresh.io/refresh-raises-10m-bring-people-closer-together/
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o Palo Alto-based Oak Investment Partners Invests in $16M Deal for B5M

Palo Alto, Calif. -- Oak Investment Partners, a Palo Alto-based venture capital firm, has invested in the $16 million second investment round for B5M, a China-based shopping search portal. The deal was led by ClearVue Partners. Founded in 2005, B5M offers shopping search portal services across multiple vertical categories with hundreds of millions of business-to-consumer products, product and merchant reviews, group-buy deals, discount products, and shopping-related web articles. "With this funding round, we can accelerate our growth in the world's biggest e-commerce market to become a premier household brand for online shopping search," said Yeogirl Yun, founder and CEO of B5M.
http://www.4-traders.com/news/B5Mcom-Secures-16-Million-Series-B-Financing-and-Aims-to-Become-a-Premier-Shopping-Search-Brand-in--17333760/
http://www.oakvc.com/
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o Francisco Partners Invests in Electronic Medical Records Firm NexTech

San Francisco -- Francisco Partners, a technology-focused private equity firm, announced on Tuesday it has made a strategic investment in NexTech, a provider of integrated electronic medical records, practice management, and marketing software for specialty physician practices. Based in Tampa, NexTech was founded in 1997 and has a client base of more than 7,000 providers and 40,000 office staff members. Terms of Francisco Partners' investment in the company were not disclosed.
http://www.nextech.com
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o Sunnyvale-based Xoriant to Acquire San Jose-based IDEA Solutions

Sunnyvale, Calif. -- Xoriant Corp., a product development and engineering services company based in Sunnyvale, on Tuesday announced it has signed an agreement to acquire IDEA Solutions, a consulting firm based in San Jose. IDEA Solutions offers technology consulting and services in the high tech, financial services, pharmaceuticals and automotive industries. The combined company would have more than 1500 employees worldwide. Terms of the deal between the two privately held firms were not disclosed.
http://www.xoriant.com/Xoriant_acquires_IT_services_company_IDEA_solutions.html
http://www.ideasolutionsinc.com
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o Sunnyvale-based Untangle Inc. Raises $2.7 Million of Venture Capital

Sunnyvale, Calif. -- Untangle, a Sunnyvale-based maker of network software and appliances, has raised $2.7 million of venture capital, according to a new filing by the company with the Securities and Exchange Commission. Untangle focuses on multi-function firewall and Internet management applications that are optimized for the needs of smaller organizations. Founded in 2003, Untangle is backed by CMEA Capital and Rustic Canyon Partners. Earlier this month, the company announced it acquired privately held Cymphonix, in a deal that enhances its bandwidth management and application control offerings.
http://www.sec.gov/Archives/edgar/data/1431968/000143196813000001/
xslFormDX01/primary_doc.xml
http://www.untangle.com
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Free Whitepaper: TechRadar for Digital Customer Experience Technologies, Q3 2013, by Forrester Research, Inc.

As a digital experience agency, Siteworx is frequently engaged to advise clients on a variety of digital customer experience technologies. From defining requirements and developing long-term digital roadmaps, to identifying how various technologies can be combined to deliver improved customer satisfaction and better business results. Download this comprehensive TechRadar™ report by Forrester Research, Inc. and get a concise overview of the 14 technologies that comprise the digital customer experience ecosystem. http://www.siteworx.com/news/whitepapers/digital-experience-technologies

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o Briefly Noted:


(San Jose, Calif.) Presto Engineering, a provider of semiconductor product engineering and production services, announced on Tuesday it has moved its headquarters to a new location at 109 Bonaventura Drive in San Jose. The 10,000 sq-ft facility includes a clean room for RF wafer-level testing, according to the announcement.
http://www.presto-eng.com

(Palo Alto, Calif.) Avidbank Corporate Finance, which specializes in technology and asset-based funding, announced on Tuesday it has provided $2 million line of credit facility to LightPath Technologies, a manufacturer of optical components, based in Orlando. The facility will be used for working capital flexibility and equipment acquisition, according to Palo Alto-based Avidbank.
http://www.lightpath.com
http://www.avidbank.com

(Mountain View, Calif.) AirTight Networks, a provider of cloud-managed Wi-Fi technology, announced that Steven Glapa has been named chief marketing officer. Glapa formerly worked at Ruckus Wireless, Booz & Co., Lucent, ArrayComm, and Zhone.
http://www.airtightnetworks.com/home/news/press-releases/pr/article/123/airtight-appoints-steven-glapa-as-chief-marketing-officer-to-build-engine-for-growth.html

(Daly City, Calif.) Genesys, a provider of customer engagement and contact center technology, announced that it has reached a definitive agreement to acquire Pleasanton-based Echopass Corp. Financial terms of the deal were not disclosed.
http://www.genesyslab.com/news-and-events/press-releases/genesys-to-acquire-echopass.aspx

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Job/Event/Marketplace Listings:
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To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
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> Free Whitepaper: TechRadar for Digital Customer Experience Technologies, Q3 2013, by Forrester Research, Inc.

As a digital experience agency, Siteworx is frequently engaged to advise clients on a variety of digital customer experience technologies. From defining requirements and developing long-term digital roadmaps, to identifying how various technologies can be combined to deliver improved customer satisfaction and better business results. Download this comprehensive TechRadar™ report by Forrester Research, Inc. and get a concise overview of the 14 technologies that comprise the digital customer experience ecosystem. http://www.siteworx.com/news/whitepapers/digital-experience-technologies
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> 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
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> 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 
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> 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.
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> 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.
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