| ============================================ BAY AREA TECH WIRE -- May 14, 2014 ============================================ To Subscribe: www.bayareatechwire.com o Palo Alto-Based Attensity Raises $90 Million, Names New CEO o San Francisco-Based Darby Smart Raises $6.3 Million in First Round o Janssen Labs to Open Life Sciences Incubator in South San Francisco o SBA Launches $2.5 Million Competition for Accelerators o Report: Technology Patent Activity Now at Highest Point Since Recession o Briefly Noted: Edgewater Networks, GlobalFoundries, TiE 50 _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Associate Director – ORIX Ventures --Tech + Travel Demo Event – May 22, 2014 --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 Palo Alto-Based Attensity Raises $90 Million, Names New CEO Palo Alto, Calif. -- Attensity, a Palo Alto-based developer of natural language processing and sentiment analysis tools, said on Wednesday it has raised $90 million in a new round of funding from an unnamed international private equity fund and financial advisor firm. The company also said that Howard Lau, its chairman, will assume the additional role of CEO. He succeeds Kirsten Bay, who departed earlier this year to become the president and CEO of ISC8. Attensity said it will use the proceeds to fuel product development and bolster its sales, marketing and engineering teams. The company, which has so far focused primarily on social media analytics, said it plans to expand into areas such as brand reputation and the early detection of trends, business opportunities and threats. Clients include eBay, Yahoo, Microsoft, Verizon and Whirlpool. http://www.attensity.com http://www.attensity.com/2014/05/14/attensity-closes-90-million-in-financing/ _____________________________________________ o San Francisco-Based Darby Smart Raises $6.3 Million in First Round San Francisco -- Darby Smart, a San Francisco-based e-commerce startup developing do-it-yourself projects that are delivered to consumers' homes, said on Wednesday it has raised $6.3 million in its first round of funding, led by Maveron. Forerunner Ventures, CAA Ventures and previous backers also took part in the round. Darby Smart said it will use the funds to create additional tools for its community of designers, incorporate more crowd-sourcing and expand its team over the next six months. The company, which launched last June, works with designers on Pinterest and other sites to create do-it-yourself projects that are delivered to subscribers. Quarterly revenue has increased by an average of 440% over the past three quarters. "More than 50 million craft consumers have been searching for a way to transform the online DIY inspiration driven by Pinterest into an engaging offline experience," said founder Nicole Shariat Farb. http://www.darbysmart.com http://www.prnewswire.com/news-releases/darby-smart-raises-63-million-in-series-a-financing-259230731.html _____________________________________________ o Janssen Labs to Open Life Sciences Incubator in South San Francisco South San Francisco -- Janssen Labs, part of Janssen Research & Development, on Wednesday announced plans to open Janssen Labs @South San Francisco, a new 30,000-square foot, life sciences incubator in South San Francisco. The facility will accommodate up to 50 life sciences companies, which will work alongside staff from Johnson & Johnson Innovation. It will include a combination of shared and private lab and office spaces, as well as operational support, education and business services. "Our goal is to improve the investment profile of life science companies by drastically reducing the cost and time to market," said Melinda Richter, head of Janssen Labs. The new facility is scheduled to open at the end of the year. http://www.janssenlabs.com/news/press-releases _____________________________________________ o SBA Launches $2.5 Million Competition for Accelerators Washington, DC -- The Small Business Administration (SBA) said it has launched a $2.5 million competition that aims to find the nation's top accelerators and incubators filling geographic gaps in parts of the country where there is less access to venture capital. Other prizes of $50,000 each will go to accelerators that are run by and support women or other underrepresented groups, as well as those supporting manufacturing. Over the coming months, the SBA said it will work with partners such as the Global Accelerator Network to host a number of Demo Days across the country, where accelerators can make pitches. Finalists in the competition also will participate in a Demo Day remotely. Applications, available at the link below, are due by Aug. 2. https://gaf2014.wufoo.com/forms/sba-growth-accelerator-fund-application/ _____________________________________________ o Report: Technology Patent Activity Now at Highest Point Since Recession Alexandria, Va. -- Worldwide innovation activity is now at its highest point since the recession, with patent volume across 12 technology sectors increasing 26% over the past year, according to a new report from the intellectual property and science business of Thomson Reuters. There were increases in every tech sector except biotechnology, with 10 of the 12 showing double-digit growth, led by automotive safety, energy exploration and smart kitchen appliances. For the fifth straight year, computing and peripherals led all technology areas in patent volume, with more than 300,000 granted patents and published applications. "We've rounded the post-recessionary corner," said David Brown, the managing director of Thomson Reuters IP Solutions. "These are the most significant gains we have seen to date." https://ca.finance.yahoo.com/news/thomson-reuters-study-finds-global-120000592.html http://ip.thomsonreuters.com/sites/default/files/2014stateofinnovation.pdf (Full report) _____________________________________________ o Briefly Noted: (San Jose, Calif.) San Jose-based Edgewater Networks, a developer of products used to deliver IP based voice and video, has named John Macario as its vice president of marketing. Macario most recently was a vice president at GrowthMark, where he led the telecommunications practice. http://edgewaternetworks.com/about/news-a-events/press-releases.html (Santa Clara, Calif.) Santa Clara-based GlobalFoundries, a provider of semiconductor foundry services, on Wednesday named Thomas Caulfield as the senior vice president and general manager of its new semiconductor wafer manufacturing facility in New York. Caulfield most recently served as the president and COO at Soraa, and previously was the president and COO of Ausra. http://www.globalfoundries.com http://www.businesswire.com/news/home/20140514005829/en/GLOBALFOUNDRIES-Names-Tom-Caulfield-General-Manager-Leading-Edge#.U3N-LIFdXng (Santa Clara, Calif.) TiE SV, the Silicon Valley chapter of The Indus Entrepreneurs, said it will on Friday announce the finalists and winners of TiE 50, its annual awards program. The TiE 50 recognizes the 50 hottest tech startups from around the world in the categories of Software, Mobile, Internet of Things, Clean Tech and Life Sciences. http://www.tie50.net/TiE50Awards/ =================================================== 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 > Associate Director – ORIX Ventures ORIX Ventures is seeking Associate Directors for its growing venture lending group. With opportunities based in both Seattle, Washington and Hartford, Connecticut, the Associate Director will lead venture lending transactions through deal evaluation, term sheet, due diligence, company analysis, modeling, documentation and close. The Associate Director will work closely with senior ORIX Ventures management, equity investors and management teams to successfully grow the ORIX Ventures platform. Qualified candidates should have a history of professional and academic achievement, strong analytical and organizational skills, and an understanding of the growth company space. The ideal candidate has 5-10 years of work experience at a top-tier investment bank, private equity or debt fund, or venture capital firm with solid accounting and financial modeling acumen, an interest in technology companies and a desire to work closely with the venture capital and private equity communities. Additional requirements include a disciplined attention to detail, a team orientation, and a personality that thrives in a fun, performance driven environment. Please forward your resume to mpickle@orix.com Visit our website at http://orixventures.com/ ____________________________________________ > Tech + Travel Demo Event – May 22, 2014 It's that time! Summer is approaching and the travel bug is getting ready to bite. Come join us at the Crocker Galleria and check out the hot new apps and technologies geared towards making your travels less stressful and more fun. Get an hands on experience with these cool new products local to San Francisco! Free to attend. Register here ____________________________________________ > 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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