| ============================================ BAY AREA TECH WIRE -- May 20, 2014 ============================================ To Subscribe: www.bayareatechwire.com o Report: YouTube to Pay More Than $1 Billion to Acquire Twitch o S.F.-Based Formation 8 Leads $21 Million Round for Context Relevant o Google Ventures Co-Leads $16 Million Round for Tamr o Sunnyvale-Based Proofpoint Acquires Mountain View-Based NetCitadel o Berkeley Makes List of Amazon.com's Most Well-Read Cities o Briefly Noted: Baidu, EY Entrepreneur of the Year, Rdio _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --The One Leadership Secret You Can’t Ignore --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 Report: YouTube to Pay More Than $1 Billion to Acquire Twitch San Bruno, Calif. -- YouTube, the San Bruno-based video sharing unit of Google, will pay more than $1 billion to acquire San Francisco-based Twitch, developer of a video platform and online community for gamers, Variety reported. The acquisition, which has yet to be officially confirmed, would be the largest in YouTube's history. Twitch lets users upload and watch free, live gameplay videos that can be streamed from Microsoft Xbox One and Sony PlayStation 4 consoles. The company, which claims more than 45 million monthly users, also sells a premium version of its service without ads, and distributes shows from partners including GameSpot, Joystiq and Destructoid. Twitch in September raised $20 million in its third round of funding, led by Thrive Capital. http://twitch.tv http://variety.com/2014/digital/news/youtube-to-acquire-videogame-streaming-service-twitch-for-1-billion-sources-1201185204/ _____________________________________________ o S.F.-Based Formation 8 Leads $21 Million Round for Context Relevant San Francisco -- Formation 8, a San Francisco-based venture capital firm, said on Tuesday it has led a new $21 million round of funding for Seattle-based Context Relevant, a developer of automated predictive analytics software for big data applications. The investment was part of the company's second round, which also included participation from previous backers Madrona Venture Group, Bloomberg Beta, Vulcan Capital and several Seattle-area angels. The company, which now has raised $28 million since its inception, said its technology applies big data to solve the problems in the financial sector. http://formation8.com/ http://contextrelevant.com http://finance.yahoo.com/news/context-relevant-announces-21-million-121500946.html;_ylt=AwrBJR81VXtTRBIAdyfQtDMD _____________________________________________ o Google Ventures Co-Leads $16 Million Round for Tamr Mountain View, Calif. -- Google Ventures, a venture capital arm of Mountain View-based Google, said it has co-led a new $16 million round of funding for Tamr, a Massachusetts-based developer of machine learning algorithms for analyzing data. New Enterprise Associates (NEA) also co-led the company's first round. Tamr was founded in 2013 by Andy Palmer and Michael Stonebraker, who previously co-founded Vertica Systems; Ihab Ilyas of the University of Waterloo; George Beskales of Qatar Computing Research Institute; Daniel Bruckner of the University of California, Berkeley; and Alex Pagan of MIT. Tamr said its technology allows businesses to connect and enrich all their data, including internal and external sources. The company's algorithms produce integrated data and metadata that is available for use through enterprise systems and tools such as visualization and data science toolkits. http://www.tamr.com/ https://uk.finance.yahoo.com/news/tamr-inc-enables-enterprises-connect-171500838.html _____________________________________________ o Sunnyvale-Based Proofpoint Acquires Mountain View-Based NetCitadel Sunnyvale, Calif. -- Proofpoint, a Sunnyvale-based provider of cloud-based security services, said on Tuesday it has paid approximately $24 million in cash to acquire Mountain View-based NetCitadel, a developer of automated security incident response tools. Proofpoint said the acquisition will bolster its existing security technology. NetCitadel's platform confirms and prioritizes potential security incidents by unifying, correlating and synthesizing security alerts from Proofpoint and other security vendors such as HP ArcSight, Palo Alto Networks and FireEye. Impacted systems can then be automatically quarantined and further communications to malicious sites can be blocked. "This technology is a natural complement to our cloud-based offerings and allows us to deliver a comprehensive advanced threat solution to all organizations, regardless of their existing IT security infrastructure," said Gary Steele, the CEO of Proofpoint. http://www.proofpoint.com http://www.netcitadel.com/ http://www.netcitadel.com/press/new/proofpoint-acquires-netcitadel/ _____________________________________________ o Berkeley Makes List of Amazon.com's Most Well-Read Cities Berkeley, Calif. -- Berkeley is No. 7 in Amazon.com's newly released list of the Most Well-Read Cities in America. The city trailed only Alexandria, Va.; Miami; Knoxville, Tenn.; Seattle, Orlando and Ann Arbor, Mich. on the list, which is based on sales data of all book, magazine and newspaper sales in both print and Kindle format on a per capita basis in cities with more than 100,000 residents. The complete list is at the link below. http://phx.corporate-ir.net/phoenix.zhtml?c=176060&p=irol-newsArticle&ID=1932680&highlight= _____________________________________________ o Briefly Noted: (Sunnyvale, Calif.) Baidu, the Chinese language Internet search provider, on Tuesday officially opened its U.S. research and development center in Sunnyvale, and named Andrew Ng, a faculty member in computer science at Stanford University, as its chief scientist. Baidu said the new facility adds research to its existing development capabilities in Silicon Valley. Ng previously founded and led Google's Deep Learning team, and is known for his work on building massive scale artificial neural networks. http://www.prnewswire.com/news-releases/baidu-opens-silicon-valley-lab-appoints-andrew-ng-as-head-of-baidu-research-259539471.html (San Jose, Calif.) Accounting and advisory giant Ernst & Young has named 29 finalists for its 2014 Entrepreneur of the Year award in the Northern California region. Winners will be announced at an event scheduled for June 10 in San Jose. Regional winners will be eligible for consideration for the EY Entrepreneur of the Year national awards, which will be announced in November. The complete list of finalists is available at the link below. http://www.ey.com/US/en/Newsroom/News-releases/News-Entrepreneur-Of-The-Year-2014-finalists-in-Northern-California (San Francisco) San Francisco-bases streaming music service Rdio said on Tuesday it has expanded into nine new territories, launching in Indonesia, the Philippines, Thailand, Singapore, Greece, Croatia, Cyprus, Slovakia and Slovenia. The company's service now is available in 60 countries. http://blog.rdio.com/us/2014/05/rdio-expands-to-60-countries.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 > The One Leadership Secret You Can’t Ignore We've all had setbacks and obstacles in our personal and professional lives. How does an effective leader react and respond to setbacks? Here, we’ll talk about one of the most important core leadership secrets – five simple and quick daily practices any leader can use to work through a professional setback. http://www.fairfaxcountyeda.org/bay-area-tech-wire ____________________________________________ > 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. For more info, go to: http://www.bayareatechwire.com =================================================== Subscribe to other newsletters from Tech Wire Media Group: Potomac Tech Wire: http://www.potomactechwire.com Bay Area Tech Wire: http://www.bayareatechwire.com New England Tech Wire: http://www.newenglandtechwire.com Digital Media Wire: http://www.digitalmediawire.com Advertising: If you are interested in advertising in our newsletters, call Parul Nath at 1-301-656-0057 xt 1102 or send email to parul@techwiremedia.com News tips, press releases. 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