| ============================================ BAY AREA TECH WIRE -- May 22, 2014 ============================================ Don't Miss -- Special Summer Rates On All Advertising Now Till August www.bayareatechwire.com o San Francisco-Based Nurix Launches After Landing $25.1 Million in Funding o S.F.-Based Carrick Capital Partners Takes Majority Stake in Procura o Campbell-Based Soonr Promotes Ahmet Tuncay to CEO o ZeniMax Sues Oculus VR Following $2B Facebook Acquisition o Report: U.S. Information Technology Pros Saw Modest Pay Increases o Briefly Noted: SVForum - World Cup Tech Challenge, Immersion _____________________________________________ > 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 San Francisco-Based Nurix Launches After Landing $25.1 Million in Funding San Francisco -- Nurix, a San Francisco-based developer of therapies that modulate the body's ubiquitin proteasome system (UPS), said on Thursday it has officially launched operations after landing $25.1 million in its second round of funding from Third Rock Ventures and The Column Group. The same investors also led the company's inaugural $6.2 million round in 2012. The UPS is a regulatory pathway that directs protein degradation, vital to the healthy life of a cell, and presents therapeutic opportunities in disease areas such as oncology. Mark Gallop, Nurix's chief scientific officer, said the company's platform has the potential to enhance or inhibit protein degradation. "This may allow us to promote the degradation of oncogenes or protect naturally occurring tumor suppressors from being destroyed in the cell," said Gallop. http://www.nurix-inc.com http://www.nurix-inc.com/pdfs/Nurix_Launch_PR_FINAL_051914.pdf (PDF) _____________________________________________ o S.F.-Based Carrick Capital Partners Takes Majority Stake in Procura San Francisco -- Carrick Capital Partners, a San Francisco-based investment firm, said it has made a majority investment in Procura, a Canadian developer of healthcare software. Financial terms of the deal were not disclosed. Procura will remain under the leadership of Scott Overhill, who has been promoted from president to CEO. The company makes software for home care, hospice, community, aged, disability and residential care organizations across the U.S., Canada and Australia. Marc McMorris, the co-founder and managing director of Carrick Capital Partners, will take a seat on the company's board, along with Alex Mason, a director of Carrick. In addition, Michael Greenough, the former CEO of SSA Global, will become the company's executive chairman. http://www.carrickcapitalpartners.com http://goprocura.com http://goprocura.com/company/press-release/carrick-capital-partners-announces-majority-equity-investment-in-the-procur _____________________________________________ o Campbell-Based Soonr Promotes Ahmet Tuncay to CEO Campbell, Calif. -- Soonr, a Campbell-based provider of file sharing and collaboration services for business, on Thursday promoted Ahmet Tuncay to the role of CEO. He succeeds company founder Martin Frid-Nielsen, who has decided to pursue other professional interests and spend more time with his family. Tuncay joined the company in 2011 as its vice president of products, and previously was the vice president of products at SpiderCloud Wireless and senior vice president and CTO of Trapeze Networks. The company also named Sam Liu, the former vice president of marketing and business development at Partnerpedia, as its vice president of marketing. Soonr counts more than 150,000 businesses as users of its file sharing and collaboration services. http://www.soonr.com http://www.soonr.com/press/soonr-names-new-executives-to-lead-continued-rapid-growth _____________________________________________ o ZeniMax Sues Oculus VR Following $2B Facebook Acquisition Rockville, Md. -- Two months after Menlo Park-based Facebook announced its $2 billion acquisition of Oculus VR, Maryland-based ZeniMax Media said on Thursday it is suing the virtual reality technology firm for stealing its trade secrets and infringing its copyrights and trademarks. The suit, filed in the U.S. District Court for the Northern District of Texas, seeks an unspecified amount of damages. ZeniMax alleges that it created Oculus' core technology, which it provided to the California-based company through a binding non-disclosure agreement. It said Oculus now continues to use the technology without authorization. "[Oculus founder Palmer] Luckey has held himself out to the public as the visionary developer of virtual reality technology, when in fact the key technology Luckey used to establish Oculus was developed by ZeniMax," ZeniMax said in a statement. http://www.zenimax.com http://www.zenimax.com/press/ZeniMax_Media_Inc._and_id_Software_LLC_File _Suit_Against_Oculus_VR_Inc._and_its_Founder_Palmer_Luckey _____________________________________________ o Report: U.S. Information Technology Pros Saw Modest Pay Increases San Francisco -- U.S. information technology professionals saw their salaries rise modestly over the past year, with staffers making median compensation of $92,000 and managers $120,000, according to a new report from InformationWeek. That's a 1.6% increase for staffers and 2.4% increase for managers. The report also found that faith in IT careers has rebounded, with nearly half of staffers believing the path is more promising than it was five years ago, a 15% jump from 2011. A gender gap persists, however, with male staffers making about 16% more than females; and male managers making about 11% more. The complete report is available at the link below. http://reports.informationweek.com/abstract/166/12517/Professional-Development-and-Salary-Data/Research:-2014-US-IT-Salary-Survey.html _____________________________________________ o Briefly Noted: (San Jose, Calif.) SVForum has named the winning companies in each of the five tech groups at the World Cup Tech Challenge, a special edition of the organization's annual Launch: Silicon Valley event. Thirty finalists from 14 countries competed May 20 at Microsoft's campus in Mountain View. Winners included: Pantomime of the U.S. (Digital Media-Mobile), Contract Live of France (Enterprise Software), BloomBoard of the U.S. (Ed Tech), Liquidity of the U.S. (Next Generation Technology) and Isentio of Norway (HealthTech). Sublime Skinz of France was honored as the "audience favorite" winner. http://www.businesswire.com/news/home/20140521006654/en/SVForum-Announces-2014-Winners-Launch-Silicon-Valley#.U35Qz3JdXng (San Jose, Calif.) San Jose-based Immersion, a developer and licensor of touch feedback technology, said it has expanded its presence in China with the opening of a new unit called Immersion (Shanghai) Science & Technology Company. Immersion said the move will allow it to expand its sales and support for a growing customer base in the region. http://www.immersion.com/ http://www.businesswire.com/news/home/20140521006437/en/Immersion-Expands-Haptic-Business-China-Opening-Official#.U35SWnJdXng =================================================== 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. 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