| ============================================ BAY AREA TECH WIRE -- Feb. 21, 2014 ============================================ Sponsored By: Fairfax County Economic Development Authority http://www.fairfaxcountyeda.org/bay-area-tech-wire o Solum Raises $4.2M, Sells Business and Changes Name to Granular o San Mateo-Based 3Q Digital Acquires San Francisco's iSearch Media o OTOY Acquires San Francisco-Based AppSlingr o Optum Acquires Majority Stake in Audax Health Solutions o Facebook's Acquisition of WhatsApp Unlikely to Face Regulatory Scrutiny o Santa Clara-Based Marvell Technology Names Michael Rashkin as CFO > There's No Such Thing as a Bad Idea When Brainstorming -True or False? o Briefly Noted: Talent Rover, AVG Technologies _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --There's No Such Thing as a Bad Idea When Brainstorming -True or False? --Digital Entertainment World --14 Ideas for Marketing Your Business Online --Enterprise Connect – March 17-20, 2014 --Corporate Food-Service - Catering to Cafe Management --Investment Adviser Executive --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 Solum Raises $4.2M, Sells Business and Changes Name to Granular San Francisco -- Solum, a San Francisco-based developer of software designed to help farmers become more efficient and make better business decisions, said it has raised $4.2 million in a new round of funding, sold its soil science business and changed its name to Granular Inc. Andreessen Horowitz, Google Ventures and Khosla Ventures took part in the round, which the company will use to expand its engineering team in San Francisco and sales and customer support teams across the U.S. The company also has sold its soil science business to Monsanto for an undisclosed sum. It will now be operated by Monstanto's subsidiary, The Climate Corporation. "We were fortunate to develop two great business lines at Solum: an advanced soil science business based in Iowa and a cloud software and analytics business here in San Francisco,” said CEO Sid Gorham. "The Climate Corporation is the right partner to bring our soil science innovations to their full commercial potential. For our part, we're excited about building out Granular as a cloud software provider to help large farming businesses become more efficient, profitable and sustainable." http://www.granular.ag http://www.businesswire.com/news/home/20140220006538/en/Solum-Granular-Launches-Cloud-Software-Offering-Large#.Uwey-uNdXng _____________________________________________ o San Mateo-Based 3Q Digital Acquires San Francisco's iSearch Media San Mateo, Calif. -- 3Q Digital, a San Mateo-based digital marketing agency, said on Friday it has acquired iSearch Media, a San Francisco-based search engine marketing and analytics agency. Financial terms of the deal were not disclosed. iSearch's staff, clients and brand assets will be integrated into 3Q Digital. In addition, iSearch's founder and president, Scott Rayden, will become 3Q's chief revenue officer; CEO Maury Domengeaux will become CFO; and president and CTO Charles Hentrich will become chief architect. The combed company will have more than $300 million in annual spend under management. http://3qdigital.com/ http://www.isearchmedia.com http://www.marketwired.com/press-release/3q-digital-acquire-isearch-media-combination-create-largest-independent-digital-marketing-1881485.htm _____________________________________________ o OTOY Acquires San Francisco-Based AppSlingr San Francisco -- OTOY, a Los Angeles-based developer of cloud-based graphics technology, said it has acquired AppSlingr, a San Francisco-based startup incubated by the Alchemist Accelerator. Financial terms of the deal were not disclosed. AppSlingr's platform enables the simplified streaming of desktop apps from cloud storage providers such as Box, Dropbox, Google Drive and Microsoft OneDrive. "The distinct technology and talent AppSlingr brings to OTOY allows us to similarly integrate our software with the cloud, and opens the door to some exciting advances in the customization and delivery of our cloud-based applications to users," said Jules Urbach, the founder and CEO of OTOY. http://www.otoy.com https://www.appslingr.com/ http://render.otoy.com/newsblog/?p=362 _____________________________________________ o Optum Acquires Majority Stake in Audax Health Solutions San Francisco -- Optum, a Minnesota-based provider of technology-enabled health services, said it has acquired a majority stake in Audax Health Solutions, the digital health startup behind Zensey, an anonymous social network focused on improving personal health. Financial terms of the deal were not disclosed. Audax, which is based in Washington, DC but has major operation sin San Francisco, will continue to operate independently, led by its founder and CEO, Grant Verstandig, and its president and COO, David Ko. Optum said it plans to expand the company's offerings. "Since day one, our vision at Audax has been to positively impact the way consumers manage their health," said Verstandig. "Today, we took a huge step toward achieving that goal." Audax's HIPAA-compliant platform is platform creates personalized lifestyle plans for users, allowing them to connect and compete, track progress towards goals and earn rewards. The company has raised $55 million since its founding in 2010. http://www.audaxhealth.com http://www.optum.com http://www.audaxhealth.com/wp/company-news/optum-audax/ _____________________________________________ o Facebook's Acquisition of WhatsApp Unlikely to Face Regulatory Scrutiny Menlo Park, Calif. -- Facebook's newly announced $19 billion acquisition of Mountain View-based WhatsApp isn't likely to face much antitrust scrutiny in Washington, Politico reported. The Menlo Park-based social networking giant earlier this week unveiled plans to acquire WhatsApp, developer of a mobile messaging app that allows its approximately 450 million monthly users to exchange messages without having to pay for texting. Antitrust experts say the deal is unlikely to draw the ire of regulators since the service already has plenty of competition, led by traditional text messaging. "This is an industry or sector that's been marked by remarkable technological change and new entrants," said Seth Bloom, a former antitrust counsel to the Senate Judiciary Committee, told Politico. "For that reason, it's hard to imagine that you can have durable monopolies. It's easy for new entrants to come in and knock off players." http://www.whatsapp.com/ http://www.politico.com/story/2014/02/whatsapp-facebook-merger-approval-103733.html _____________________________________________ o Santa Clara-Based Marvell Technology Names Michael Rashkin as CFO Santa Clara, Calif. -- Marvell Technology Group, a Santa Clara-based developer of storage, communications and consumer silicon products, on Friday named Michael Rashkin as its permanent CFO, after he had held the role on an interim basis since December. Rashkin has been with the company since 1999, serving in roles that have included vice president of tax, vice president of strategic development and president of the Marvell Charitable Fund. He also briefly served as interim CFO in late 2007 and early 2008. "He is a well-known and well-liked executive within Marvell and… is the best choice for all our stakeholders," said CEO Sehat Sutardja. The move comes a month after Pantas Sutardja resigned as Marvell's CTO, and the company promoted Zining Wu to fill the void. http://www.marvell.com http://www.marvell.com/company/news/pressDetail.do?releaseID=5057 _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| There's No Such Thing as a Bad Idea When Brainstorming -True or False? There's no such thing as a bad idea. Or is there? Brainstorming experts have long held that every idea, however impractical, is worthy of consideration. But in practice, many of us have come across our share of unmistakable duds. We have thoroughly explored this conundrum. Here, we explain why lots of good can come from bad ideas. http://www.fairfaxcountyeda.org/bay-area-tech-wire |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| _____________________________________________ o Briefly Noted: (San Francisco) San Francisco-based Talent Rover, a developer of cloud-based software used to manage the staffing and recruitment workflow, said it has opened a new office in London. The company also has promoted Steve Harris, its first European enterprise account executive, to director of EMEA sales, leading the new office. http://www.talentrover.com/2014/02/20/talent-rover-expands-sales-operations-europe/ (San Francisco) AVG Technologies, the Dutch Internet security firm with North American headquarters in San Francisco, has named Harvey Anderson as its chief legal officer. Anderson most recently was the senior vice president of business and legal affairs at Mozilla. http://mediacenter.avg.com/content/mediacenter/en/news/avg-appoints-harvey-anderson-as-chief-legal-officer =================================================== 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 > There's No Such Thing as a Bad Idea When Brainstorming -True or False? There's no such thing as a bad idea. Or is there? Brainstorming experts have long held that every idea, however impractical, is worthy of consideration. But in practice, many of us have come across our share of unmistakable duds. We have thoroughly explored this conundrum. Here, we explain why lots of good can come from bad ideas. http://www.fairfaxcountyeda.org/bay-area-tech-wire ____________________________________________ > Digital Entertainment World Digital Entertainment World (DEW), is the definitive event focused on the Ecosystem to Monetize Digital Content (VIDEO, GAMES, MUSIC and PUBLISHING). Featuring over 100 speaking sessions, 300+ speakers and keynotes from Facebook, NBCUniversal, Electronic Arts, and United Talent Agency, DEW is the one event that brings the digital entertainment industry together, with research and analysis, and offers a global platform for media/tech leaders to network, discuss strategies and develop the partnerships that will chart the future direction of content monetization. Register now at http://www.dewexpo.com Use Code: TWBA To Save an Additional 25% ____________________________________________ > 14 Ideas for Marketing Your Business Online Kick start your company's online strategy quickly and easily at a fraction of the cost of advertising! Download PRWeb's free guide, 14 Ideas for Marketing Your Business Online and learn how to get More Publicity, More Prospects, and More Sales! Register for a FREE PRWeb account to download the guide today! Click here ____________________________________________ > Enterprise Connect – March 17-20, 2014 There's no single migration path to the next generation of enterprise communications and collaboration systems and services, and Enterprise Connect delivers unbiased information and in-depth research on the key issues you need to evaluate all the options. The conference program covers the full range of platforms, services and applications that comprise modern communications and collaboration systems. 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