| ============================================ BAY AREA TECH WIRE -- Nov. 6, 2013 ============================================ Digital Entertainment World: Register Now and Save $200 http://www.dewexpo.com o San Francisco-Based Twitter to Price IPO Late Wednesday o Betable Raises $18.5 Million for Real-Money Gaming Platform o Campbell-Based Barracuda Networks Prices IPO, Shares Rise 20% o Palo Alto-Based Pluribus Networks Names Kumar Srikantan as CEO o Foster City-Based Adchemy Sells Customer Acquisition Division o Millennial Media Completes $225 Million Deal for Jumptap > Digital Entertainment World: Register Now and Save $200 o Briefly Noted: Aricent, Arteris, General Services Administration _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --ModevEast Dec 12-14 - 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 Ad Descriptions Below Briefly Noted Section Post Job/Event/Marketplace ad: http://www.bayareatechwire.com _____________________________________________ o San Francisco-Based Twitter to Price IPO Late Wednesday San Francisco -- In one of the most highly anticipated initial public offerings in recent years, San Francisco-based Twitter was expected to price its IPO late Wednesday, then begin trading on the New York Stock Exchange Thursday morning. The Wall Street Journal reported that the social networking giant -- which has more than 230 million monthly active users -- likely will price approximately 70 million shares at $25-$28 each, with underwriters aiming for $27. That's a significant increase from the company's initial price range of $17-$20, which it raised to $23-$25 earlier this week. A price of $25 would value Twitter at $13.6 billion. Shares will trade under the symbol "TWTR." http://www.twitter.com http://online.wsj.com/news/articles/SB100014240527023037 63804579181882915649914?mod=djemalertTECH (subscription required) _____________________________________________ o Betable Raises $18.5 Million for Real-Money Gaming Platform San Francisco -- Betable, the U.K.-based creator of a platform designed to let developers legally offer real-money play in their games, said it has raised $18.5 million in its first round of funding, led by Venture51. The company, which has U.S. headquarters in San Francisco, also received investments from previous backers Greylock and Founders Fund. "Betable is the only way for game developers to legally offer real-money play without spending millions of dollars on licenses or relinquishing control of their own games," said founder and CEO Christopher Griffin. "This funding enables us to grow our team, introduce new features and support developers who are building on our platform." The company's platform is licensed by the U.K. Gambling Commission. https://betable.com/ http://www.businesswire.com/news/home/20131105007071/en/Betable-Announces-18.5-Million-Series-Funding-Led _____________________________________________ o Campbell-Based Barracuda Networks Prices IPO, Shares Rise 20% Campbell, Calif. -- Shares of Campbell-based Barracuda Networks rose nearly 20% on their first day of trading Wednesday, hours after the provider of cloud-based security and storage services priced its initial public offering (IPO). The company planned to raise about $74.5 million, selling 4.14 million shares for $18 each -- the low end of its expected range of $18-$21. The stock, now trading on the New York Stock Exchange under the symbol "CUDA," closed at $21.55 on Wednesday. http://www.barracudanetworks.com http://www.sec.gov/Archives/edgar/data/1348334/000119312513428645/d563790d424b4.htm _____________________________________________ o Palo Alto-Based Pluribus Networks Names Kumar Srikantan as CEO Palo Alto, Calif. -- Pluribus Networks, a developer of software and hardware network virtualization platforms, on Wednesday named Kumar Srikantan as its new president and CEO. Srikantan previously spent 14 years at Cisco, where his roles included general manager and vice president of the company's Enterprise Backbone Business Unit. "He is the ideal candidate to position the company for its next phase of expansion by cultivating existing partner and customer relationships while building new ones and expanding our team," said Robert Drost, Pluribus' co-founder and COO. The news comes after the company in December raised $23 million in its third round of funding, led by Menlo Ventures, the followed that up with an investment in March from China Broadband Capital. http://www.pluribusnetworks.com/ http://www.pluribusnetworks.com/pluribus-networks-appoints-kumar-srikantan-as-president-and-ceo _____________________________________________ o Foster City-Based Adchemy Sells Customer Acquisition Division Foster City, Calif. -- Adchemy, a Foster City-based digital marketing firm, said it has sold its customer acquisition division, known as Adchemy Actions, to New York-based XL Marketing. Financial terms of the deal were not disclosed. The division, known as Adchemy Actions, has developed a customer acquisition and retention platform for the education, auto insurance and mortgage lending industries. The move gives XL a presence in Silicon Valley, as well as the ability to offer expanded services to brands. Adchemy, meanwhile, said the divestiture will allow it to focus on its paid search software. "This deal makes a ton of sense for Adchemy," the company wrote on its blog. "By selling Adchemy Actions, we're doubling down on the future of search." http://actions.adchemy.com/ http://blog.adchemy.com/2013/11/04/xl-marketing-acquires-adchemy-actions-division-of-adchemy/ _____________________________________________ o Millennial Media Completes $225 Million Deal for Jumptap Baltimore -- In a deal likely to make it a more formidable threat to Google in the mobile ad market, Baltimore-based Millennial Media late Wednesday completed its $225 million acquisition of Boston-based counterpart Jumptap. The all-stock deal was first announced in August. Jumptap operates a mobile ad platform and maintains more than 100 million unique audience profiles. Millennial plans to integrate the technology into its existing platform, including cross-screen targeting, third-party data assets and real-time bidding technology. The company also will get an influx of sales, engineering, and technology talent, as well as 62 issued patents and more than 50 additional patent applications covering fundamental aspects of mobile ad targeting. http://www.millennialmedia.com/ http://www.jumptap.com http://www.businesswire.com/news/home/20131106006656/en/Millennial-Media-Completes-Acquisition-Jumptap _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| Digital Entertainment World: Register Now and Save $200 Digital Entertainment World (DEW) is the best place to connect with content creators and owners, enabling technology providers, digital distributors and device manufacturers to create the infrastructure and technology partnerships necessary to monetize digital content. The three-day event brings together leading industry executives from games, music, video and publishing to discuss, deliberate, debate and celebrate the issues, opportunities and successes driving the digital entertainment industry. Digital Entertainment World is changing the way content owners, enabling technology providers, digital distribution platforms and CE manufacturers meet and engage. Hyatt Regency, Feb. 18-20, 2014, Los Angeles, CA. Register at: http://www.dewexpo.com |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| _____________________________________________ o Briefly Noted: (Redwood City, Calif.) Redwood City-based Aricent, a provider of software engineering services, on Wednesday named Ilya Cantor as its new executive vice president and CFO. Cantor, most recently the CFO at EPAM Systems, succeeds Mick Lopez, who will depart the company following a transition period. http://www.aricent.com/ http://www.businesswire.com/news/home/20131106005442/en/Aricent-Appoints-Ilya-Cantor-Chief-Financial-Officer (Sunnyvale, Calif.) Sunnyvale-based Arteris, a developer of network-on-chip (NoC) interconnect IP tools, on Wednesday named Rich Yeon as its senior general manager. Yeon established the company's Korea office in 2010, ands previously was the Korean county manager for Tensilica. http://www.arteris.com http://www.prnewswire.com/news-releases/arteris-names-rich-yeon-senior-general-manager-230834851.html (Washington, DC) Hoping to take a page from popular services like ZipCar, the General Services Administration (GSA) said it will launch a pilot car-sharing program in four cities, aimed at helping federal agencies reduce costs. The program, launching in Washington, DC; Boston; New York City and Chicago in the coming months, will let multiple agencies "sign out" cars for short periods of time, theoretically reducing the need to constantly purchase new vehicles. The GSA, which currently manages more than 200,000 vehicles, said it also is seeking ideas from commercial companies that could help it incorporate the practice government-wide. http://www.gsa.gov/portal/content/181043 =================================================== 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 > ModevEast Dec 12-14 - 100+ Speakers - Mobile Conference ModevEast has grown to be the east coasts most important mobile development event with more than 100 speakers and over 90 sessions across four tracks including Enterprise Mobility, User Experience & Design, Marketing & Monetization and Development Tools. Starting at just $159 for a day pass, this is a must attend event for anyone in mobile. http://www.modeveast.com Send inquiries to hello@gomodev.com ____________________________________________ > Investment Advisor Executive Investment Advisor Representative-Sales. High payout-little or no costs to you-fully regulated by The State of California and FINRA. Easy platform to have your own Advisory office with full regulation and a fully operable back office. Send resumes to Raymond@AbrahamLockhart.com ____________________________________________ > Digital Entertainment World: Register Now and Save $200 Digital Entertainment World (DEW) is the best place to connect with content creators and owners, enabling technology providers, digital distributors and device manufacturers to create the infrastructure and technology partnerships necessary to monetize digital content. The three-day event brings together leading industry executives from games, music, video and publishing to discuss, deliberate, debate and celebrate the issues, opportunities and successes driving the digital entertainment industry. Digital Entertainment World is changing the way content owners, enabling technology providers, digital distribution platforms and CE manufacturers meet and engage. Hyatt Regency, Feb. 18-20, 2014, Los Angeles, CA. Register at: http://www.dewexpo.com ____________________________________________ > 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 ____________________________________________ > 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. ____________________________________________ > 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. ____________________________________________ 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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