| ============================================ BAY AREA TECH WIRE -- April 10, 2014 ============================================ To Subscribe: www.bayareatechwire.com o San Jose-Based eBay Settles Proxy Fight with Investor Carl Icahn o San Francisco-Based AppDirect Raises $35 Million in Third Round o San Francisco-Based Fundbox Raises $17.5 Million in First Round o Menlo Park-Based Smule Lands $16.5 Million in New Funding o Mountain View-Based STC Acquires Aditi Technologies o San Francisco-Based Zendesk Acquires Zopim Technologies o Santa Clara-Based Palo Alto Networks Completes Deal for Cyvera o Briefly Noted: Infoblox, Sysorex _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Seven Ways to Harness the Power of Your Multi-Generational Workforce --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 Settles Proxy Fight with Investor Carl Icahn San Jose, Calif. -- eBay said it has reached a deal with activist investor Carl Icahn, ending a proxy fight before next month's annual stockholder meeting. Under the agreement, Icahn has withdrawn his proposal to separate the company's PayPal business, as well as his two nominees to the board of directors. In exchange, eBay has agreed with Icahn's suggestion to appoint David Dorman, a founding partner of Centerview Capital Technology and chairman of CVS Caremark, as an independent director. Dorman is the former chairman and CEO of AT&T, and was chairman of Motorola when that company separated its mobile device and home businesses. Icahn said he reached an accord with eBay following several productive conversations with John Donahoe, its president and CEO. "We both strongly believe in the great potential of eBay and PayPal, and I have found a number of his ideas to be extremely compelling," said Icahn, who owns more than 2% of eBay. "However, I continue to believe that eBay would benefit from the separation of PayPal at some point in the near future and intend to continue to press my case through confidential discussions with the company." http://www.ebayinc.com/in_the_news/story/ebay-inc-and-carl-icahn-settle-proxy-fight _____________________________________________ o San Francisco-Based AppDirect Raises $35 Million in Third Round San Francisco -- AppDirect, the San Francisco-based developer of a cloud service marketplace and management platform, said on Thursday it has raised $35 million in its third round of funding, led by new investor Mithril Capital Management. Previous backers iNovia Capital, the Foundry Group and StarVest also took part in the round. The company's platform powers the marketplaces of clients such as Samsung, Staples and Rackspace. "Now, we can focus on growth without sacrificing the vision and values that have powered our success so far," said Daniel Saks, the co-founder and co-CEO of AppDirect. http://www.appdirect.com/ http://info.appdirect.com/about/press/releases/appdirect-raises-35-million-series-c-to-drive-growth-of-the-global-cloud-ec http://info.appdirect.com/blog/appdirect-raises-35-million-series-c-to-drive-growth-of-cloud-economy _____________________________________________ o San Francisco-Based Fundbox Raises $17.5 Million in First Round San Francisco -- Fundbox, the San Francisco-based developer of a deep data analytics tool designed to help small businesses decide which invoices to clear, said on Thursday it has raised $17.5 million in its first round of funding, led by Khosla Ventures. Other participants included Ron Conway's SV Angels; Vikram Pandit, the former CEO of Citigroup; Tom Glocer, the former CEO of Thomson Reuters; Jay Mandelbaum, the former head of strategy and e-commerce at JP Morgan Chase; Emil Michael, the senior vice president of business at Uber; Shlomo Kramer, the CEO Imperva; and David Krell, the chairman of ISE. The company plans to use the proceeds to scale its data operations and product, increase marketing outreach efforts, expand its San Francisco headquarters, and make additional hires in the Bay Area. Fundbox processes tens of thousands of invoices daily, offering small business owners the ability to fix their cash flow by advancing payments for unpaid invoices. https://fundbox.com/ http://www.businesswire.com/news/home/20140410005312/en/Fundbox-Raises-17.5MM-Series-Leveraging-Deep-Data#.U0bOXahdXng _____________________________________________ o Menlo Park-Based Smule Lands $16.5 Million in New Funding Menlo Park, Calif. -- Smule, a Menlo Park-based developer of social music-making apps, said on Thursday it has raised $16.6 million in a new round of funding, according to CNET. The company, which has created social music apps such as Sing! Karaoke and Magic Piano, said Roth Capital led the round, which may be the prelude to a possible initial public offering (IPO). Launched in 2008, Smule said it generated $21 million in sales last year and $8.5 million in the first quarter this year, and currently has more than 200,000 paying subscribers. http://www.smule.com http://www.cnet.com/news/smule-the-hottest-weirdest-start-up-you-may-not-know-q-a/ _____________________________________________ o Mountain View-Based STC Acquires Aditi Technologies Mountain View, Calif. -- Symphony Teleca Corp. (STC), a Mountain View-based provider of software product development, big data integration and analytics services, said on Thursday it will acquire India's Aditi Technologies, a provider of cloud-led application development services. Financial terms of the deal were not disclosed. STC said the acquisition will bolster its design and cloud expertise offerings. Aditi will operate as a division of STC under the leadership of current CEO Pradeep Rathinam. The combined company will have approximately 7,500 employees in 40 offices, with innovation hubs in North and South America, Europe and Asia. http://www.symphonyteleca.com http://www.aditi.com http://www.symphonyteleca.com/company/newsroom/press-releases/symphony-teleca-to-acquire-aditi-technologies-to-become-category-leader-in-systems-of-engagement/ _____________________________________________ o San Francisco-Based Zendesk Acquires Zopim Technologies San Francisco -- Zendesk, the San Francisco-based developer of a customer service platform, said on Thursday it has acquired Singapore-based Zopim Technologies, a maker of live chat software. Financial terms of the deal were not disclosed. Zendesk said the acquisition will expand the chat capabilities of its customer service platform over the coming months. "Real-time chat has become the foundation for how customers want to communicate online today," said Mikkel Svane, the founder and CEO of Zendesk. "Zopim has a proven track record of providing tools for proactive engagement." http://www.zendesk.com/ http://www.zendesk.com/blog/welcome-zopim http://www.zendesk.com/company/press/zendesk-acquires-live-chat-leader-zopim _____________________________________________ o Santa Clara-Based Palo Alto Networks Completes Deal for Cyvera Santa Clara, Calif. -- Palo Alto Networks, a Santa Clara-based developer of cybersecurity tools designed to protect enterprise, government, and service provider networks from attacks, said on Thursday it has completed its $200 million acquisition of Israeli cybersecurity firm Cyvera. The deal was first announced last month. Cyvera, which has 55 employees, has developed an offering designed to protect clients from cyber threats by blocking unknown, zero-day attacks on the endpoint. https://www.paloaltonetworks.com http://cyvera.com/ https://www.paloaltonetworks.com/company/press/2014/palo-alto-networks-completes-acquisition-of-cyvera.html _____________________________________________ o Briefly Noted: (Santa Clara, Calif.) Santa Clara-based Infoblox, a developer of technology designed to connect end users, devices and networks, on Thursday named Scott Fulton as its executive vice president of products. Fulton most recently served as vice president and general manager of the cloud management business at BMC. http://www.infoblox.com/company/news-events/press-releases/2014/infoblox-appoints-scott-fulton-as-executive-vice-president-of-products (Santa Clara, Calif.) Shares of Santa Clara-based Sysorex rose 55% on their first day of trading Thursday, hours after the provider of IT services priced its initial public offering (IPO). The company is selling 3.33 million shares for $6 each for expected net proceeds of $17.7 million. The company's stock is now trading on the NASDAQ Capital Market under the symbol "SYRX." http://www.sysorex.com http://www.sec.gov/Archives/edgar/data/1529113/000139843214000148/i12394.htm =================================================== 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 > Seven Ways to Harness the Power of Your Multi-Generational Workforce Organizations of all sizes find themselves with three radically different generations interacting in their workplace these days. As a result, business owners, senior management and HR departments are scrambling to figure out how to better understand, manage and harness the power of this multi-generational workforce. It’s not an easy task. But here we share some ideas we’ve uncovered that you can put to immediate use. 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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