| ============================================ BAY AREA TECH WIRE -- March 31, 2014 ============================================ To Subscribe: www.bayareatechwire.com o Santa Clara-Based Crossbar Lands $25 Million in Third Round o San Francisco-Based BandPage Raises $9.25 Million in Third Round o Menlo Park-Based Accel-KKR Raises New $325 Million Fund o Santa Clara-Based Rovi Sells Businesses for $75 Million o Report: More High-Tech Investments Going to Urban Startups o Briefly Noted: MagnaChip Semiconductor, FileMaker _____________________________________________ > 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 Santa Clara-Based Crossbar Lands $25 Million in Third Round Santa Clara, Calif. -- Crossbar, a Santa Clara-based developer of memory technology incubated by Kleiner Perkins Caufield & Byers, said on Monday it has raised $25 million in its third round of funding. Previous backers Artiman Ventures, Kleiner Perkins Caufield & Byers, Northern Light Venture Capital and the University of Michigan took part in the round, along with new investors SAIF Partners, Korea Investment Partners, CBC-Capital and Tao Venture Capital Partners. Crossbar's Resistive RAM (RRAM) technology can be stacked in 3D, making it possible to store terabytes of data on a postage-stamp sized chip. The company, which emerged from stealth mode last August, plans to use the latest funds to complete manufacturing and licensing operations. It now has raised $50 million since its inception in 2010. http://www.crossbar-inc.com http://www.crossbar-inc.com/events/press-releases/crossbar-closes-series-c-funding-of-25m.html _____________________________________________ o San Francisco-Based BandPage Raises $9.25 Million in Third Round San Francisco -- BandPage, the San Francisco-based developer of a platform used by musicians to create centralized social media profiles, said on Monday it has raised $9.25 million in its third round of funding. GGV Capital and Mohr Davidow Ventures co-led the round, which the company will use to expand its industry partnerships and develop new services. Launched in 2010, BandPage lets musicians create profiles with information such as bios, photos, videos, songs and tour dates, along with commercial offers like tickets and merchandise. More than 500,000 musicians currently use the service. BandPage now has raised more than $28 million since its inception. http://www.bandpage.com http://www.businesswire.com/news/home/20140331005548/en/BandPage-Raises-9.25-Million-Series-Financing-Largest#.UzmXDKhdXng _____________________________________________ o Menlo Park-Based Accel-KKR Raises New $325 Million Fund Menlo Park, Calif. -- Accel-KKR, a technology-focused private equity firm based in Menlo Park, said on Monday it has closed its second structured capital fund at $325 million. The new fund will continue its predecessor's focus on making minority equity investments in technology companies through senior equity and other structured securities. "The idea behind our Structured Capital funds developed over the years as we saw so many good businesses with great management teams where minority stakes -- as opposed to majority investments -- made sense," said Tom Barnds, the firm's managing director. Accel-KKR raised its first Structured Capital Fund, with $180 million in capital commitments, in 2011, and began raising the new fund earlier this year with a $250 million target. http://www.accel-kkr.com http://www.accel-kkr.com/Portals/0/PDF/AKKR%20Structured%20Capital%20Partners%20II_Press%20Release_March%2031%202014_FINAL.pdf (PDF) _____________________________________________ o Santa Clara-Based Rovi Sells Businesses for $75 Million Santa Clara, Calif. -- Rovi, a Santa Clara-based developer of program search and navigation technology, said on Monday it will sell its DivX and MainConcept businesses to Parallax Capital Partners and StepStone Group. Under terms of the deal, expected to close on Tuesday, the company will receive $75 million in cash, plus additional payments based on the future performance of the businesses. "The sale of DivX was the last of a number of significant steps we've taken over the past year to realign the organization for sustainable, long-term growth," said Thomas Carson, the president and CEO of Rovi. The company had previously announced plans to divest of the businesses. http://www.rovicorp.com http://www.rovicorp.com/company/press-releases/2014/3/31/rovi-announces-sale-of-divx-and-mainconcept-businesses.html _____________________________________________ o Report: More High-Tech Investments Going to Urban Startups Toronto -- More and more high-tech investments are going to startups located in urban centers of the U.S., according to a new study by the Martin Prosperity Institute at the University of Toronto. The report found that that city centers accounted for more than half of all venture capital investment in a majority of major U.S. regions, and that concentrations of venture capital and startup activity are associated with higher levels of immigrants, gays and lesbians. "Startup activity in the U.S. is increasingly shifting back to America's cities," said study author Richard Florida. "With their creative class appeal, amenities and walkability, cities are now the center of America's entrepreneurial ecosystem for entrepreneurs and investors." The full report is available at the link below. http://martinprosperity.org/2014/03/26/startup-city-the-urban-shift-in-venture-capital-and-high-technology/ _____________________________________________ o Briefly Noted: (Cupertino, Calif.) MagnaChip Semiconductor, a South Korean maker of analog and mixed-signal semiconductors with U.S. headquarters in Cupertino, said that Margaret Sakai has resigned as its executive vice president and CFO. The company has named Jonathan Kim, its senior vice president and chief accounting officer, as interim CFO while it searches for a replacement. http://www.magnachip.com/ https://prnmedia.prnewswire.com/news-releases/magnachip-announces-management-changes-252947711.html (Santa Clara, Calif.) Santa Clara-based FileMaker, a unit of Apple that makes software designed to streamline business processes, manage information and boost productivity, on Monday named Frank Lu as its vice president of engineering. Lu, most recently the company's senior director of R&D for the FileMaker platform, succeeds Simon Thornhill, who is retiring at the end of next month. http://www.filemaker.com/company/media/press-releases/releases/2014/filemaker-names-frank-lu-as-vice-president-of-engineering.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. High payout-little or no costs to you-fully regulated by The State of California and FINRA. Easy platform to have your own Advisory office with full regulation and a fully operable back office. Send resumes to Raymond@AbrahamLockhart.com ____________________________________________ Bay Area Tech Wire has over 6,000 subscribers who rely on it for their daily briefing of local technology news. Bay Area Tech Wire has various advertising offerings ideal for jobs listings, events, service offerings, and office space for rent. 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