Thursday, November 7, 2013

Bay Area Tech Wire -- Nov. 7

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BAY AREA TECH WIRE -- Nov. 7, 2013
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Twitter Prices IPO; Stock Spikes Nearly 73% on NYSE
o San Francisco-Based Project Frog Raises $20 Million in Fourth Round
o Mountain View-Based HyTrust Acquires HighCloud Security
o Report: Menlo Park-Based Facebook Opens New Office Near Boston
o NXT's Venture Finance Group Starts Index to Track Venture Debt
>
Keys to a Successful Responsive Website Redesign: A Guide for Marketers
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Briefly Noted: AT&T - UC-Berkeley, Ariosa Diagnostics

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


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--ModevEast Dec 12-14 - 100+ Speakers - Mobile Conference
--Investment Adviser Executive
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--Free Whitepaper: TechRadar for Digital Customer Experience Technologies
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o Twitter Prices IPO; Stock Spikes Nearly 73% on NYSE

San Francisco -- Shares of Twitter rose nearly 73% on their first day of trading Thursday, hours after the social networking giant raised about $1.8 billion in the most highly anticipated initial public offering (IPO) since Facebook. The San Francisco-based company late Wednesday priced 70 million shares at $26 each, giving it a market value of more than $18 billion. The stock, now trading on the New York Stock Exchange under the symbol "TWTR," opened at $45.10 before closing at $44.90.
https://twitter.com/twitter/status/398235511254298624/photo/1 
http://www.sec.gov/Archives/edgar/data/1418091/0001193125134313
01/d564001d424b4.htm (IPO filing)
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o San Francisco-Based Project Frog Raises $20 Million in Fourth Round

San Francisco -- Project Frog, a San Francisco-based developer of component buildings that utilize technology to overcome inefficiencies of traditional construction, said on Thursday it has raised $20 million in its fourth round of funding, led by CCM. The Cleantech Syndicate also took part. The company has grown rapidly in recent months, delivering seven times the square footage so far this year than in all of 2012, and frowing its headcount by 15% in the past quarter. It also recently relocated its headquarters to a larger space in San Francisco's SOMA neighborhood. Project Frog's buildings are designed to assemble on site, and are greener and more technologically advanced then their traditional counterparts.
http://www.projectfrog.com 
http://www.businesswire.com/news/home/20131107005448/en/Project-Frog-Recognized-Rapid-Growth-20-Million 
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o Mountain View-Based HyTrust Acquires HighCloud Security

Mountain View, Calif. -- HyTrust, a developer of cloud security tools for virtual infrastructure, said on Thursday it has acquired Mountain View-based counterpart HighCloud Security, a developer of cloud encryption and key management software. Financial terms of the deal were not disclosed. Bill Hackenberger, the co-founder, president and CEO of HighCloud, said the combined company will be able to "give enterprises unprecedented ability to address security, compliance and data privacy requirements for all cloud environments." The news comes two months after HyTrust raised $18.5 million in its third round of funding.
http://www.hytrust.com
http://www.highcloudsecurity.com 
http://www.hytrust.com/company/news/press-releases/hytrust-acquires-highcloud-security
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o Report: Menlo Park-Based Facebook Opens New Office Near Boston
    
Menlo Park, Calif. -- The Boston Globe reported on Thursday that Menlo Park-based Facebook is returning to the Boston area by opening an engineering office in Cambridge, Mass. Ryan Mack will lead the new office. "Nine years after Facebook got its start in a Harvard dorm room, the social network is back in Cambridge," the Globe reported. The new office will become the permanent home to a number of Boston-area employees who had previously been working remotely.
http://www.bostonglobe.com/business/2013/11/07/facebook-one-that-got-away-returns-cambridge/gaRGBJhHXTwfALbYc8Nq5O/story.html
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o NXT's Venture Finance Group Starts Index to Track Venture Debt
    
San Francisco -- Amid an upswing in non-bank debt for venture-backed companies, NXT Capital's Venture Finance Group announced on Thursday the release of a new index that tracks venture debt. The index, called the NXT Capital Venture Debt Index, focuses exclusively on venture debt financings, and not equity financings. "The market has become increasingly educated about the availability and structural benefits of debt financing," said Jan Haas, group head of NXT Capital Venture Finance. "The Index reveals that debt is an appealing alternative for successful late-stage companies seeking minimally dilutive growth capital." Chicago-based NXT Capital Venture Finance has offices in San Francisco and Silicon Valley.
http://www.nxtcapital.com/2013/11/nxt-capital-launches-venture-debt-index-2/
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o Briefly Noted:


(Berkeley, Calif.) Wireless carrier AT&T said on Thursday it has boosted its Wi-Fi and mobile network coverage at the University of California, Berkeley. The company said a new Distributed Antenna System (DAS) will expand coverage across campus, including in student residence halls, academic and administrative buildings. AT&T also has deployed mobile cell sites for football fans at Memorial Stadium.
http://www.prnewswire.com/news-releases/att-boosts-wi-fi-and-mobile-network-coverage-at-the-university-of-california-berkeley-231022041.html 

(San Jose, Calif.) San Jose-based Ariosa Diagnostics, a molecular diagnostics company focused on prenatal tests, said on Thursday it has promoted Dan Puckett to CFO and Thomas Musci to chief medical officer. Puckett joined thd company in 2011 as vice president of finance and administration, while Musci joined Ariosa last year as vice president of clinical and medical affairs.
http://www.ariosadx.com 
http://www.prnewswire.com/news-releases/ariosa-diagnostics-appoints-dan-puckett-as-chief-financial-officer-and-dr-thomas-musci-as-chief-medical-officer-230979721.html

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Job/Event/Marketplace Listings:
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> Keys to a Successful Responsive Website Redesign: A Guidebook for Marketers

Today's buyers are accustomed to consuming content through multiple device types with varying screen sizes, resolutions and interaction models which means your "always-on" buyers can engage with your brand where, how and when they desire. Download this guidebook to get an overview of how to create the best user experience for your customers on any device using responsive design. http://www.siteworx.com/news/whitepapers/responsive-design-guidebook
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> ModevEast Dec 12-13 - 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
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> 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:
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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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