| ============================================ BAY AREA TECH WIRE -- March 27, 2014 ============================================ To Subscribe: www.bayareatechwire.com o Menlo Park-Based Facebook to Acquire Oculus VR in $2 Billion Deal o San Jose-Based ThreatMetrix Raises $20 Million in Sixth Round o San Francisco-Based Lithium Technologies Acquires Klout o F50 Launches Search for Silicon Valley's Most Fundable Startups o Poll: San Jose and Washington Tie for Highest Economic Confidence o Briefly Noted: Bridge Bank, Anvato _____________________________________________ > 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 Menlo Park-Based Facebook to Acquire Oculus VR in $2 Billion Deal Menlo Park, Calif. -- Looking toward what could be the future of social media, Menlo Park-based Facebook said it will acquire Irvine-based Oculus VR, a developer of immersive virtual reality technology, in a deal valued at approximately $2 billion. Under the terms, Facebook will pay $400 million in cash plus 23.1 million shares of its stock. The value of the deal, which is expected to close by midyear, could rise by an additional $300 million, depending on the company's future performance. Oculus has received more than 75,000 development kit orders for its virtual reality headset, the Oculus Rift. Facebook set it plans to extend the company's current focus on gaming into new areas such as communications, media and entertainment and education. "Mobile is the platform of today, and now we're also getting ready for the platforms of tomorrow," said Facebook founder and CEO Mark Zuckerberg. "Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate." http://www.oculusvr.com/ http://newsroom.fb.com/news/2014/03/facebook-to-acquire-oculus/ _____________________________________________ o San Jose-Based ThreatMetrix Raises $20 Million in Sixth Round San Jose, Calif. -- ThreatMetrix, a San Jose-based developer of context-based security and fraud prevention tools, said it has raised $20 million in its sixth round of funding, led by Adams Street Partners. All of the company's previous backers, including USVP and August Capital, also took part. Dave Welsh, a partner at Adams Street, has joined the company's board of directors. ThreatMetrix operates its Trust Intelligence Network, which lets companies and government agencies share anonymized information across business boundaries to deliver risk assessment in real time. The network currently analyzes more than 500 million transactions a month and protects over 160 million active user accounts. "Today's cybercriminals are more sophisticated than ever before and include talented, well-funded, international crime rings and nation states," said Reed Taussig, the company's president and CEO. "This financing will enable us to expand the depth and breadth of The Network, grow our customer base and continuously build new capabilities." http://www.threatmetrix.com http://www.threatmetrix.com/threatmetrix-secures-20-million-series-e-financing/ _____________________________________________ o San Francisco-Based Lithium Technologies Acquires Klout San Francisco -- Six weeks after reports first surfaced about a potential deal between the companies, San Francisco-based Lithium Technologies, the developer of software that lets businesses create their own social networks and online communities, said on Thursday it has acquired San Francisco-based Klout. The deal is valued at nearly $200 million in a mix of cash and stock, Fortune reported. Klout's technology is designed to assess users' influence on social media, scoring it on a scale of 1-100. The company has raised $40 million in funding, including a $30 million round two years ago from investors including Kleiner Perkins, Venrock and Institutional Venture Partners. Joe Fernandez, Klout's CEO, will continue to run the business as general manager and a senior vice president at Lithium. http://www.lithium.com http://klout.com http://www.businesswire.com/news/home/20140327005471/en/Lithium-Technologies-Acquires-Klout#.UzR5fqhdXng _____________________________________________ o F50 Launches Search for Silicon Valley's Most Fundable Startups Palo Alto, Calif. -- F50, a Palo Alto-based match-funding company founded by veteran entrepreneur David Cao, said on Thursday it has launched a new program searching for the 50 most fundable startups in Silicon Valley, then matching them with the right investors. Founders can apply to compete at pitch and demo events, where investor panels determine which advance to the final round. Finalists then pitch at the F50 Season Finale, to be held June 23-24 at the Computer History Museum in Mountain View, where at least one will receive an investment offer of $1 million. F50 is supported by investors and the Silicon Valley Entrepreneurs and Startups (SVE) community, the largest startup network in Silicon Valley. "I asked many investor friends for more effective ways to help founders in our community,” said Cao. "We concluded that the search for the right founders is where we should start." Applications to pitch are available at the top link below. http://www.f50.io http://f50.io/newsroom/ _____________________________________________ o Poll: San Jose and Washington Tie for Highest Economic Confidence San Jose, Calif. -- People in San Jose and Washington, DC have more confidence in the U.S. economy than any other major metropolitan area in the nation, according to a new Gallup poll. The San Jose area, which also includes Sunnyvale and Santa Clara, tied with the area comprising Washington, DC and parts of Virginia, Maryland and West Virginia atop the rankings, which are based on interviews with at least 12,000 adults in each of the 50 largest metro areas. Residents of both areas gave low scores for current economic conditions, but much higher scores for economic optimism. Both finished with index scores of plus-4, compared with Jacksonville, which finished last on the list with an index of minus-25. Complete survey results are available at the link below. http://www.gallup.com/poll/168053/san-jose-tie-highest-economic-confidence.aspx?utm_source=WWW&utm_medium=csm&utm_campaign=syndication _____________________________________________ o Briefly Noted: (San Jose, Calif.) San Jose-based Bridge Bank on Thursday named Joel Gragg as senior vice president and technology banking team leader for its San Francisco technology banking team. Gragg, most recently a senior relationship manager in the technology and venture banking division of Wells Fargo & Company, will lead technology banking in San Francisco and the Pacific Northwest regions. http://www.snl.com/irweblinkx/file.aspx?IID=4095493&FID=22900504 (Mountain View, Calif.) Mountain View-based Anvato, developer of a TV everywhere platform for broadcasters, on Thursday named Matt Smith as its chief evangelist. Smith most recently served as the vice president of technology at Chideo, and previously was the vice president of Internet television at Envivio. http://www.anvato.com http://www.businesswire.com/news/home/20140327005049/en/Industry-Expert-Matt-Smith-Joins-Anvato-Chief#.UzR6u6hdXng =================================================== 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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