Tuesday, November 19, 2013

Bay Area Tech Wire -- Nov. 19

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BAY AREA TECH WIRE -- Nov. 19, 2013
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San Francisco-Based Aria Systems Lands $40 Million in Fourth Round
o San Francisco-Based August Raises $8 Million in First Round
o Mercedes-Benz Expands Technology Presence in Silicon Valley
o San Francisco's Locket Lands Investment from Tyra Banks
o Three from Bay Area Named EY National Entrepreneurs of the Year
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Briefly Noted: Lavante, MetaIntell, ArcSoft

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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)


--Corporate Food-Service - Catering to Cafe Management
--Keys to a Successful Responsive Website Redesign: A Guidebook for Marketers
--ModevEast Dec 12-13 - 100+ Speakers - Mobile Conference
--Investment Adviser Executive
--Digital Entertainment World: Register Now and Save $200
--Free Whitepaper: TechRadar for Digital Customer Experience Technologies
--Search Services Without a Fee
--TelcoVision Conference - Las Vegas
--Advertise on Bay Area Tech Wire and Reach More than 6,000 Subscribers

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o San Francisco-Based Aria Systems Lands $40 Million in Fourth Round

San Francisco -- Aria Systems, a San Francisco-based developer of cloud-based software designed to help users manage recurring revenue, said on Tuesday it has landed $40 million in its fourth round of funding, led by Bain Capital Ventures. Previous backers Hummer Winblad Venture Partners, InterWest Partners, Tugboat Ventures and Venrock took part in the round, which also included VMware. The company, which now has raised $83 million since its inception, said it will use the latest round to bolster its technology and "expand our global customer success operations." Clients including Pitney Bowes, Experian, AAA NCNU, VMware and HootSuite use Aria to power their recurring revenue business.
http://www.ariasystems.com/ 
http://www.ariasystems.com/company/press-releases/read/aria-systems-raises-40million-led-by-bain-capital-ventures 
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o San Francisco-Based August Raises $8 Million in First Round

San Francisco -- August, a San Francisco-based home automation startup developing virtual smart locks, said on Tuesday it has raised $8 million in its first round of funding, led by Maveron. Cowboy Ventures, Industry Ventures, Rho Ventures and SoftTech VC also participated. The company, co-founded by designer Yves Behar and technology entrepreneur Jason Johnson, previously had raised $2 million in seed funding. August plans to use the latest round to expand its staff and bring its flagship product to market next spring. The smart lock leverages a Bluetooth low energy-enabled locking mechanism and a mobile app to let users send virtual keys to anyone of their choosing. As the key holder arrives at the door, it automatically unlocks.
http://www.august.com 
http://www.businesswire.com/news/home/20131119006102/en/August-Raises-8-Million-Series-Funding-Led 
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o Mercedes-Benz Expands Technology Presence in Silicon Valley

Sunnyvale, Calif. -- Signaling its growth in Silicon Valley, Mercedes-Benz Research & Development North America (MBRDNA) said on Tuesday it has moved from Palo Alto to a larger headquarters facility in Sunnyvale. The building also will serve as Mercedes-Benz's Silicon Valley R&D Center. The company, which had previously been in Palo Alto for nearly 20 years, said that around 100 employees will initially be based at the facility, with plans for that figure to eventually double. The company will use the space to develop vehicle infotainment and telematics tools, apps and other technologies. It also will work to better integrate iPhone and Android devices into vehicles.
http://media.daimler.com/dcmedia/0-921-656505-1-1650639-1-0-0-0-0-1-11700-0-0-1-0-0-0-0-0.html?TS=1384892495999 
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o San Francisco's Locket Lands Investment from Tyra Banks

San Francisco -- Locket, the New York- and San Francisco-based developer of an Android app that delivers print-quality content to smartphone lock screens, said on Tuesday it has landed a new investment from Fierce Capital, the investment vehicle of fashion icon Tyra Banks. Financial terms of the deal were not disclosed. "Locket has a firm conviction that the smartphone lock screen space has huge potential for the entertainment industry, and Tyra's involvement and expertise will be extremely valuable in navigating the media landscape," said co-founder and CEO Yunha Kim. Locket said there are now more than 350,000 users of its app, which serves over 10 million impressions a day. The company also recently introduced a developer platform that allows app developers to place content on users' lock screens.
http://getlocket.com
http://www.prnewswire.com/news-releases/fashion-icon--businesswoman-tyra-banks-invests-in-the-future-of-mobile-advertising-with-locket-232520201.html 
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o Three from Bay Area Named EY National Entrepreneurs of the Year

San Francisco -- Hamid Moghadam, the chairman and CEO of San Francisco-based Prologis, has been named the overall national winner of EY's Entrepreneurs of the Year award. Winners in 10 additional categories also included two more Bay Area entrepreneurs -- Tom Bedecarré, the founder and chairman of AKQA (Media, Entertainment and Communications Award); and Nicholas Woodman, the founder and CEO of San Mateo-based GoPro (Retail and Consumer Products Award). All were honored at EY's annual Entrepreneur of the Year gala Saturday in Palm Springs. Complete details are available at the links below.
http://www.ey.com/US/en/Newsroom/News-releases/EY-Hamid-Moghadam-named-National-EY-Entrepreneur-Of-The-Year-2013-Overall-Award-winner?CMPNID=SGF2013_US_Home (Moghadam)
http://www.ey.com/US/en/Newsroom/News-releases/EY--Tom-Bedecarr%C3%A9-named-National-EY-Entrepreneur-Of-The-Year-2013-Media-Entertainment-and-Communications-winner (Bedecarré)
http://www.ey.com/US/en/Newsroom/News-releases/EY--Nicholas-Woodman-named-EY-National-EY-Entrepreneur-Of-The-Year-2013-Retail-and-Consumer-Products-Award-winner (Woodman)
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o Briefly Noted:


(San Jose, Calif.) San Jose-based Lavante, a developer of supplier information management and audit recovery software, on Tuesday named Alan Park as its senior vice president of sales. Park previously served as the executive vice president of sales and marketing at PINC Solutions and senior vice president of global sales at Openwave.
http://www.lavante.com/news/lavante-alan-park-svp-sales 

(Mountain View, Calif.) Mountain View-based MetaIntell, a developer of mobile risk management and mobile application management tools, on Tuesday named Michael Silton to its board of directors. Silton serves as the executive chair of the UCLA Venture Capital Fund, as well as the chairman of RivalMe.
http://www.metaintell.com/
http://www.businesswire.com/news/home/20131119005471/en/MetaIntell%E2%84%A2-Announces-Appointment-Michael-Silton-Board-Directors 

(Fremont, Calif.) Fremont-based ArcSoft, a developer of embedded software used to bolster the photo and video capabilities of smartphones, tablets and cameras, on Tuesday named Ralph Harms as its new CFO. Harms is the former CFO of technology companies VeriSilicon Holdings, Unidym, Transmeta and Force10 Networks.
http://www.arcsoft.com 
http://www.businesswire.com/news/home/20131119006437/en/ArcSoft-Appoints-Ralph-Harms-Chief-Financial-Officer 

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