| ============================================ BAY AREA TECH WIRE -- May 27, 2014 ============================================ Get The Word Out...With ads on Tech Wire Special Summer Rates Now Till August www.bayareatechwire.com o Mountain View-Based Intuit to Acquire Palo Alto-Based Check o Palo Alto-Based DoorDash Raises $17.3 Million in First Round o San Mateo-Based Apixio Raises $13.5 Million in Third Round o San Francisco-Based Blurb Hires Key Employees from Graphicly o President Obama Unveils Plan to Increase Interest in STEM Careers o Report: PayPal-Related Phishing Attacks Spike 73% During First Quarter > Get The Word Out...With ads on Tech Wire o Briefly Noted: Video Electronics Standards Association, Twist Bioscience _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --The One Leadership Secret You Can’t Ignore --Associate Director – ORIX Ventures --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 Mountain View-Based Intuit to Acquire Palo Alto-Based Check Mountain View, Calif. – Intuit, the Mountain View-based publisher of business and financial management software, said on Tuesday it will pay approximately $360 million to acquire Palo Alto-based Check, a developer of mobile bill pay services. Intuit said the deal, expected to close during its fourth fiscal quarter, will help accelerate its ability to offer bill pay across small business and personal finance products. Check currently boasts more than 10 million registered users of its mobile app, which automates and consolidates the bill pay process. Guy Goldstein, Check's co-founder and CEO, will serve as a vice president at Intuit. http://www.intuit.com https://check.me/ http://investors.intuit.com/press-releases/press-release-details/2014/Intuit-to-Acquire-Check/default.aspx _____________________________________________ o Palo Alto-Based DoorDash Raises $17.3 Million in First Round Palo Alto, Calif. -- DoorDash, the Palo Alto-based developer of a web- and app-based food delivery service in the Bay Area, said it has raised $17.3 million in its first round of funding, led by Sequoia Capital. Other participants included previous backers Khosla Ventures, Charles River Ventures and Pejman Mar Ventures, along with Ted Zagat of Zagat Survey. DoorDash was founded in early 2013 by four Stanford students with work experience at Facebook, Square, Vevo and eBay. The company, which currently operates in the South Bay and San Jose areas, said it eventually plans to expand its services to small businesses other than restaurants. "We will use the funding to grow out the team, continue developing our dispatch technology and pursue our national rollout," the company said. https://www.doordash.com http://blog.doordash.com/post/86541141376/doordash-raises-17-3-million-from-sequoia-capital _____________________________________________ o San Mateo-Based Apixio Raises $13.5 Million in Third Round San Mateo, Calif. – Apixio, a San Mateo-based developer of big data analytics for the healthcare industry, said on Tuesday it has raised $13.5 million in its third round of funding, led by Bain Capital Ventures. Several Silicon Valley angel investors also participated. "The proceeds will be used to ramp up our sales and operations in support of the strong growth we are experiencing in our risk adjustment business," said co-founder and CEO Shawn Dastmalchi. "We also intend to further develop our big data technology and to build on our vision to provide analytic solutions that power value-based care." Apixio's technology is designed to help health plans and large provider groups more accurately and efficiently determine member risk scores and receive appropriate value-based reimbursement. http://www.apixio.com http://www.apixio.com/apixios-series-c-round-of-finance-led-by-bain-capital-ventures/ _____________________________________________ o San Francisco-Based Blurb Hires Key Employees from Graphicly San Francisco – Blurb, the San Francisco-based developer of an indie book and magazine publishing platform, said on Tuesday it has hired several former team members of Graphicly, developer of an ebook creation platform for illustrated books, such as comics, graphic novels and children's books. Those hired include Graphicly co-founder Micah Baldwin. Blurb said the talent acquisition will help it significantly accelerate its development of ebook and graphic publishing. “This acquisition of incredibly relevant talent will help us advance our vision of 21st century authoring,” said Eileen Gittins, Blurb's founder and CEO. http://www.blurb.com/ http://www.businesswire.com/news/home/20140527005351/en/Blurb-Acquires-Key-Talent-Graphicly-Accelerate-ebook _____________________________________________ o President Obama Unveils Plan to Increase Interest in STEM Careers Washington, DC -- President Obama on Tuesday played host to more than 100 students as part of the 2014 White House Science Fair, and announced a series of measures aimed at getting more kids interested in science, technology, engineering and math (STEM) careers. Steps include a new $35 million Department of Education competition supporting the administration's goal of training 100,000 STEM teachers, a major expansion of STEM AmeriCorps to provide STEM learning opportunities for 18,000 low-income students this summer and a national STEM mentoring effort kicking off in seven cities. "When students excel in math and science, they’re laying the groundwork for helping America compete for the jobs and industries of the future," said Obama. Complete details are at the links below. http://www.whitehouse.gov/science-fair http://www.whitehouse.gov/the-press-office/2014/05/27/white-house-science-fair-fact-sheet-backgrounder _____________________________________________ o Report: PayPal-Related Phishing Attacks Spike 73% During First Quarter McLean, Va. -- Phishing attacks aimed at PayPal users increased 73% during the first quarter, according to a new report from McLean-based Cyren. During a two-week sampling taken during the quarter, the company found that the number of PayPal-related phishing URLs increased from approximately 750 a day in the fourth quarter to more than 1,300 a day. "The upward trend illustrates the move by cybercriminals from less profitable spam to attacks that generate more revenue," the company said. Other top brands used to lure email recipients were Apple, Poste Italiane, Barclays Bank, Battle.net and Sparkasse. http://ir.cyren.com/releasedetail.cfm?ReleaseID=850478 _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| Get The Word Out...With Ads on Tech Wire Advertise your company's job openings, events and services. Reach key decision makers and grow your business today. Don't miss special summer rates on all premiere and classified advertising on Bay Area Tech Wire now till August 2014! www.bayareatechwire.com |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| _____________________________________________ o Briefly Noted: (Newark, Calif.) The Newark-based Video Electronics Standards Association (VESA) on Tuesday announced the election of new board leadership. Alan Kobayashi of MegaChips has been elected board chair; Syed Athar Hussain has been re-elected vice chair and Richard Hubbard of Texas Instruments has been elected secretary and treasurer. Each will serve one-year terms. http://www.businesswire.com/news/home/20140527006287/en/VESA%C2%AE-Elects-Board-Officers#.U4TxOHJdXng (San Francisco) San Francisco-based Twist Bioscience said on Tuesday it has raised $26 million in its second round of funding, which the company will use to commercialize its semiconductor-based synthetic gene manufacturing process. Nick and Joby Pritzker, through their family's firm Tao Invest, led the round, which also included participation from ARCH Venture Partners, Paladin Capital Group, Yuri Milner and additional investors. All of the company's previous backers participated. The company also received a $5.1 million contract from the Defense Advanced Research Projects Agency (DARPA) to fund development of its technology platform for the large-scale, high-throughput construction of genetic designs. http://www.twistbioscience.com/ http://www.prnewswire.com/news-releases/twist-bioscience-secures-311-million-260746291.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/ ____________________________________________ > 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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