| ============================================ BAY AREA TECH WIRE -- March 28, 2014 ============================================ To Subscribe: www.bayareatechwire.com o Menlo Park-Based Andreessen Horowitz Closes Fourth Fund at $1.5 Billion o Sunnyvale-Based Aerohive Networks Raises $75 Million in IPO o Intel Makes "Significant" Investment in Palo Alto-Based Cloudera o Shares of Pleasanton-Based Energous Surge 76% Following IPO o Report: U.S. IPO Activity in First Quarter Doubles from 2013 o Briefly Noted: Sparkpr, Yahoo _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --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 Andreessen Horowitz Closes Fourth Fund at $1.5 Billion Menlo Park, Calif. -- Andreessen Horowitz, the large Menlo Park-based technology venture capital firm, said it has raised a new $1.5 billion fund, its fourth overall. The fund comes just two years after the firm closed its third fund, also at $1.5 billion. "We believe this is an incredibly exciting time to be a technology investor," wrote Scott Kupor, the firm's managing partner. "The ultimate market size that this current generation of tech companies can go after dwarfs that of previous ones. The obvious reason for this is mobile internet penetration: We've gone from an internet population of 55 million users to nearly three billion." http://www.a16z.com http://a16z.com/2014/03/27/andreessen-horowitz-raises-new-fund/ _____________________________________________ o Sunnyvale-Based Aerohive Networks Raises $75 Million in IPO Sunnyvale, Calif. -- Shares of Sunnyvale-based Aerohive Networks were flat on their first day of trading Friday after the developer of a cloud-managed mobile networking platform raised $75 million in its initial public offering (IPO). Late Thursday, the company priced 7.5 million shares at $10 each -- the midpoint of its expected range -- and is now trading on the New York Stock Exchange under the symbol "HIVE." Aerohive in late 2012 raised $22.5 million in a mezzanine round of funding, led by Institutional Venture Partners (IVP). Other backers include Four Rivers Group, Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, New Enterprise Associates (NEA) and Northern Light Venture Capital. http://www.aerohive.com/ http://www.sec.gov/Archives/edgar/data/1372414/000119312514119857/d648720d424b4.htm _____________________________________________ o Intel Makes "Significant" Investment in Palo Alto-Based Cloudera Santa Clara, Calif. -- Intel has made what it is calling a "significant" equity investment in Palo Alto-based Cloudera, instantly making the Santa Clara-based chipmaker the company's single largest shareholder. Financial terms of the deal, Intel's largest-ever data center technology investment, were not disclosed. The companies said they plan to join Cloudera's data management software and services based on the open source Apache Hadoop framework with Intel's Xeon data center architecture. "By aligning the Cloudera and Intel roadmaps, we are creating the platform of choice for big data analytics," said Diane Bryant, the senior vice president and general manager of Intel's Data Center Group. Cloudera's previous backers include Accel Partners, Greylock Partners, Ignition Partners, In-Q-Tel and Meritech Capital Partners. http://www.cloudera.com/ http://newsroom.intel.com/community/intel_newsroom/blog/2014/03/27/cloudera-intel-commit-to-accelerate-and-transform-how-enterprises-use-big-data-intel-makes-significant-equity-investment-in-cloudera _____________________________________________ o Shares of Pleasanton-Based Energous Surge 76% Following IPO Pleasanton, Calif. -- Shares of Pleasanton-based Energous spiked 76% on Friday, hours after the developer of a wire-free charging technology raised $24 million in its initial public offering (IPO). The company priced 4 million shares at $6 each. Energous' stock, now trading on the Nasdaq Capital Market under the symbol "WATT" closed at $10.58 Friday. Energous is developing WattUp, a wire-free charging technology for electronic devices. The device delivers power through the same radio bands as a Wi-Fi router, allowing owners to roam and use their devices during charging. The company plans to initially license the technology to the mobile accessory market, with plans to expand into other markets over time. http://www.energous.com http://energous.com/energous-corporation-prices-initial-public-offering-shares-common-stock/ http://www.sec.gov/Archives/edgar/data/1575793/000114420414018374/v372875_424b1.htm _____________________________________________ o Report: U.S. IPO Activity in First Quarter Doubles from 2013 New York -- The U.S. market for initial public offerings (IPOs) experienced a booming first quarter, according to a new report from Ernst & Young (EY). During the period, 68 IPOs raised $11.6 billion in proceeds, an increase of 113% in deal number and 36% in capital raised compared with the same period in 2013. And that trend is likely to continue, with 25 new IPO registrations so far this month. "After years of consolidation, the U.S. markets are entering a period of rapid growth," said Jackie Kelley, EY's global IPO leader. "Investors seeking out companies that are looking to innovate for long term growth are definitely the sign of a strong IPO market. Health care, pharmaceuticals, biotech, technology and energy companies in particular will drive deal activity, for the remainder of 2014." http://www.ey.com/US/en/Newsroom/News-releases/News-Q1-14-US-IPO-Activity-Doubled-from-Q1-13 _____________________________________________ o Briefly Noted: (San Francisco) Sparkpr, an independent media relations and digital services agency, said it has hired three new executives for its San Francisco offices. They include: Tim Donovan (managing director of enterprise tech), Yvette Lorenz-Machlan (managing director of consumer tech) and Remi Adams (managing director of health and wellness). http://www.sparkpr.com/ https://prnmedia.prnewswire.com/news-releases/sparkpr-launches-strategic-growth-initiative-with-six-senior-hires-new-service-offerings-and-office-expansion-252632991.html (Sunnyvale, Calif.) Sunnyvale-based Yahoo said that John Hayes, the executive vice president and CMO of American Express, will retire from its board of directors. Hayes joined the board in 2012, and currently chairs its nominating and corporate governance committee. He will continue to serve through the company's annual shareholder meeting in June. http://info.yahoo.com/press-center/article/john-hayes-retire-yahoo-board-205400416.html =================================================== 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 > 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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