| ============================================ BAY AREA TECH WIRE -- March 25, 2014 ============================================ To Subscribe: www.bayareatechwire.com o San Jose-Based eBay Rallies Shareholders Against PayPal Spinoff o Santa Clara-Based Embrane Lands $14 Million in Third Round o San Francisco's Vend Raises $20 Million in New Funding Round o Sunnyvale-Based LeanData Raises $5.1 Million in First Round o Los Altos-Based Box Reveals Plans for Initial Public Offering o S.F.-Based LiveVox Lands Majority Investment from Golden Gate o President Obama Answers Healthcare Questions on Quora o Briefly Noted: 8x8, Samba TV _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Startup Marketing Conference SF, March 27: Last Chance to Register --Create Your Own Hiring Opportunity - 5 Behaviors Decision-Makers Find Irresistible --14 Ideas for Marketing Your Business Online --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 San Jose-Based eBay Rallies Shareholders Against PayPal Spinoff San Jose, Calif. -- Hoping to rally shareholders against a proposal by activist investor Carl Icahn, San Jose-based eBay said on Tuesday that a spinoff of online payment arm PayPal would be detrimental to both companies. Icahn, who owns more than 2% of eBay, has submitted a non-binding proposal to spin off PayPal into a separately traded public company, and has put up two nominees for election to eBay's board. "We have evaluated carefully Mr. Icahn's proposal to spin off PayPal. We do not support it," wrote eBay to shareholders in a letter signed by Chairman Pierre Omidyar, CEO John Donahoe and lead independent director Thomas Tierney. "PayPal and eBay are better together. That's been true for the past five years… and we continue to believe today that PayPal and eBay together is the best path to creating sustainable shareholder value in the future." http://www.ebayinc.com/in_the_news/story/ebay-inc-issues-letter-shareholders _____________________________________________ o Santa Clara-Based Embrane Lands $14 Million in Third Round Santa Clara, Calif. -- Embrane, a Santa Clara-based provider of application-centric network services, said on Tuesday it has raised $14 million in its third round of funding, led by Cisco. New investor Presidio Ventures and previous backers Lightspeed Venture Partners, New Enterprise Associates (NEA) and North Bridge Venture Partners also participated in the round, which the company will use to bolster its network services, go-to-market strategy and support for third-party virtual network service appliances. Embrane provides application-centric network services, such as firewalls, VPNs, load balancers and SSL offload engines. The tools are designed to help clients quickly create network services, and manage them from a single orchestration engine. The company has raised $41 million since its inception. http://www.embrane.com http://www.embrane.com/news/press-releases/embrane-secures-14-million-accelerate-adoption-application-centric-network _____________________________________________ o San Francisco's Vend Raises $20 Million in New Funding Round San Francisco -- Vend, a New Zealand-based developer of online point-of-sale software with major operations in San Francisco, said on Tuesday it has raised $20 million in a new round of funding, co-led by PayPal co-founder Peter Thiel of Valar Ventures and Australia's Square Peg Capital. The company said it will use the funds to expand its presence in the North American market through new partnerships, resellers, staff and customers. The company last fall hired former Mint.com and Intuit executive Anton Commissaris to run its U.S. operations in San Francisco. Launched in late 2010, Vend now powers more than 10,000 stores. The company's cloud-based software allows retailers to process sales, track inventory and manage customers. It works on any device or platform, including iPads and existing POS hardware. http://www.vendhq.com http://www.businesswire.com/news/home/20140325005464/en/Vend-Closes-20M-Series-Funding-Led-Valar#.UzG8mKhdXng _____________________________________________ o Sunnyvale-Based LeanData Raises $5.1 Million in First Round Sunnyvale, Calif. -- LeanData, a Sunnyvale-based developer of lead management software, said on Tuesday it has raised $5.1 million in its first round of funding, led by Shasta Ventures. Felicis Ventures, Correlation Ventures and the Funders Club also participated. Ravi Mohan, managing director at Shasta Ventures, has joined the company's board of directors. LeanData said its tools are designed to simplify lead management by matching leads against existing pipelines and accounts. The company on Tuesday also named Dan Ziman as its CMO. Ziman previously held executive marketing roles at TIBCO, Lithium Technologies and Kyocera. http://www.leandatainc.com http://www.leandatainc.com/press-release-032514.html#sthash.2Rdx8Q8r.dpbs _____________________________________________ o Los Altos-Based Box Reveals Plans for Initial Public Offering Los Altos, Calif. -- Nearly two months after the news first was reported, Los Altos-based Box, the developer of an online file sharing and collaboration service, revealed late Monday that it had filed with the Securities and Exchange Commission (SEC) to raise up to $250 million in its initial public offering (IPO). The company has not yet disclosed specific details of the offering, such as the number of shares to be sold or their expected price range. It plans to list its shares on the New York Stock Exchange under the symbol "Box." Forbes reported in January that Box secretly filed for an IPO, which it said the company hopes to price as early as April. The news follows December's $100 million funding round, which reportedly valued the company at around $2 billion. Backers include Andreessen Horowitz, Bessemer Venture Partners, Draper Fisher Jurvetson, Emergence Capital Partners, General Atlantic, Meritech Capital Partners, NEA, Scale Venture Partners and U.S. Venture Partners. https://www.box.com/ http://www.sec.gov/Archives/edgar/data/1372612/000119312514112417/d642425ds1.htm _____________________________________________ o S.F.-Based LiveVox Lands Majority Investment from Golden Gate San Francisco -- LiveVox, a San Francisco-based developer of cloud-based contact center software, said on Tuesday it has received a majority investment from private equity firm Golden Gate Capital. Financial terms of the deal were not disclosed. LiveVox will continue to operate as an independent company, and plans to use the funds to expand its offerings, infrastructure and partnerships. "We are excited about the impact that the additional resources will have on our future growth," said LiveVox CEO Louis Summe. The company's management team will remain in place. http://www.goldengatecap.com http://www.livevox.com/ http://www.livevox.com/news/livevox-announces-investment-by-golden-gate-capital/ _____________________________________________ o President Obama Answers Healthcare Questions on Quora Mountain View, Calif. -- President Obama on Monday became the first official "verified" user on Mountain View-based question-and-answer site Quora, answering user questions about the Affordable Care Act leading up to the March 31 enrollment deadline. Obama supplied the site with written answers to previously submitted questions. Becoming "verified" on Quora assures users of the online community that answers are coming from a specific person, and not an imposter. Profiles that have been verified, primarily from celebrities, will feature a blue check mark next to the person's name. http://www.quora.com/Affordable-Care-Act-2010-healthcare-program/Why-has-ACA-enrollment-accelerated-so-much-over-the-past-few-months (Obama Q&A) http://blog.quora.com/Introducing-Verified-Profiles _____________________________________________ o Briefly Noted: (San Jose, Calif.) San Jose-based 8x8, a developer of cloud communications and collaboration tools, on Tuesday named Vladimir Jacimovic to its board of directors. Jacimovic is the founder and managing partner of Continuum Capital Partners, an investment firm targeting private and public technology companies, and previously was a partner at New Enterprise Associates (NEA). The company's board now consists of seven members. http://www.8x8.com http://www.businesswire.com/news/home/20140325005580/en/8x8-Appoints-Vladimir-Jacimovic-Board-Directors#.UzF0a6hdXng (San Francisco) San Francisco-based Samba TV, a developer of technology for cross-screen media, on Tuesday named Sandy Shanman as its chief revenue officer. Shanman most recently served as the general manager of mobile advertising at Appsnack, a division of Exponential, and previously was the senior vice president of sales and business development at Kiptronic. http://samba.tv http://www.businesswire.com/news/home/20140325006101/en/Samba-TV-Names-Advertising-Veteran-Sandy-Shanman#.UzGu0ahdXng =================================================== 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 > Startup Marketing Conference SF, March 27: Last Chance to Register Are you looking for low-cost and high impact strategies to drive revenue for your organization? Hope you can join us March 27th of the Startup Marketing Conference in San Francisco. Admission includes: 8 expert sessions, hands-on workshop, marketing tools showcase and networking with amazing entrepreneurs and tech leaders.We are fortunate to bring together an incredible lineup of real-world digital marketing practitioners and growth hackers from Linkedin, WhatsApp, DocuSign, Atlassian, Hootsuite, Unberconference, Prezi and more. Get your pass today and save 15% with code techwire. Register now. ____________________________________________ > Create Your Own Hiring Opportunity - 5 Behaviors Decision-Makers Find Irresistible Many job seekers express confidence in finding a new job this year, according to a recent survey, but many are also frustrated as they struggle to find a job matching their qualifications and salary preferences. In a job market where opportunities are still few and far between, give yourself a leg up that will allow you to create your own hiring opportunity. http://www.fairfaxcountyeda.org/bay-area-tech-wire ____________________________________________ > 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 ____________________________________________ > Corporate Food-Service - Catering to Cafe Management Cosmopolitan Catering has established itself as Silicon Valley's premier full-service catering and café management company. Working exclusively within the corporate arena, Cosmopolitan Catering has experienced exponential growth by identifying and solving the recurring problems that Silicon Valley companies face when using outdated corporate food-service models. We have in turn addressed each of our client's needs independently to thereby provide customized solutions. The corporate food-service landscape is being redefined by Cosmopolitan Catering by way of bringing back the essence of the word "cater". While our vision and the core of our business model remains consistent, we take a personalized approach when implementing every food-service program we craft, knowing that no two companies will have the same needs. For more information, contact Rick Angelini at rangelini@cosmocaters.com, 408.732.1400, or visit us at www.cosmocaters.com ____________________________________________ > Investment Advisor Executive Investment Advisor Representative-Sales. 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