Wednesday, May 28, 2014

Bay Area Tech Wire -- May 28

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BAY AREA TECH WIRE -- May 28, 2014
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o San Francisco-Based App Annie Raises $17 Million, Acquires Distimo
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Mountain View-Based Matrixx Software Lands New Round of Funding
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San Francisco-Based Xamarin Acquires Division of Clarius Consulting
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San Jose-Based Polycom Names Laura Durr as CFO
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Report: Wireless Networks in All Schools Would Cost $800M a Year
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Briefly Noted: Fittest Cities Rankings, Vectra Networks, AOptix Technologies

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o San Francisco-Based App Annie Raises $17 Million, Acquires Distimo

San Francisco -- App Annie, a San Francisco-based developer of an app analytics and market data platform, said on Wednesday it has raised $17 million in a new round of funding and acquired Netherlands-based mobile analytics company Distimo. Previous backers IDG Capital Partners, Greycroft Partners and Sequoia Capital took part in the round, which increases the company's total funding to $39 million. The company is using a portion of the funds to make its first acquisition. "Having been a part of the mobile app ecosystem since its inception, this acquisition represents a major milestone in App Annie's growth, and it allows us to accelerate our product roadmap," said CEO Bertrand Schmitt. Financial terms of the cash and stock deal were not disclosed. As part of the acquisition, Distimo's founders will take key roles within the company, and its Amsterdam headquarters will become App Annie's European R&D center.
http://www.appannie.com 
http://www.distimo.com/ 
http://blog.appannie.com/app-annie-acquires-distimo/  
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o Mountain View-Based Matrixx Software Lands New Round of Funding

Mountain View, Calif. -- Matrixx Software, a Mountain View-based developer of software designed to give communications service providers better visibility, intelligence and control of their services, said on Wednesday it has raised an unspecified amount in a new round of funding, led by Telstra Ventures. Previous backers Swisscom Ventures, Innovacom, Greylock Partners, Adams Street Partners and Tugboat Ventures also took part in the round. Mark Sherman, the managing director of Telstra Ventures, will join Matrixx's board of directors.
http://www.matrixx.com
http://www.matrixx.com/company/news-events/press-releases/2014/0528.php 
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o San Francisco-Based Xamarin Acquires Division of Clarius Consulting

San Francisco -- Xamarin, the San Francisco-based creator of an enterprise mobile development platform, said on Wednesday it has acquired the Visual Studio Division of Clarius Consulting. Financial terms of the deal were not disclosed. Clarius has worked as a vendor for Microsoft since 2004, and has developed extensions for all major versions of Visual Studio since 2003. "We are making it possible for millions of Visual Studio users to become mobile developers virtually overnight," said Nat Friedman, the co-founder and CEO of Xamarin. Xamarin's platform lets developers build native iOS, Android and Windows apps.
http://www.xamarin.com 
http://www.clariusconsulting.net 
http://www.businesswire.com/news/home/20140528005601/en/Xamarin-Acquires-Leading-Visual-Studio-Division-Clarius#.U4YIzHJdXng 
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o San Jose-Based Polycom Names Laura Durr as CFO

San Jose, Calif. -- Two months after naming her interim CFO, San Jose-based Polycom, a developer of unified communications and collaboration tools, on Wednesday appointed Laura Durr to the role on a permanent basis. Durr for the past nine years has served as the company's principal accounting officer, a role that will remain part of her new position. The CFO position became open in March when Eric Brown left the company, after his other role of COO was eliminated.
http://www.polycom.com 
http://www.polycom.com/company/news/press-releases/2014/20140528.html 
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o Report: Wireless Networks in All Schools Would Cost $800M a Year

Washington, DC -- It would cost an estimated $800 million a year to equip all U.S. schools with adequate wireless broadband connections by 2018, according to a new report from the Consortium for School Networking (CoSN) and EducationSuperHighway. The report comes nearly a year after President Obama unveiled the White House's ConnectED initiative, a program aimed at connecting 99% of K-12 students to broadband within five years. "Our survey revealed an unfortunate, but very real picture, with 57% of districts reporting their wireless networks incapable of handling a 1:1 deployment today and 40% of classrooms with no Wi-Fi at all," said Keith Krueger, the CEO of CoSN. "The cost model… shows what it will take to get all our schools up to speed experiencing an enriched learning environment within the President's proposed timeframe." To reach the $800 million figure, the organizations consulted with more than 50 CTOs, vendors and education experts. The model projects that schools will require approximately $2.9 billion of E-rate subsidies over the next four years to upgrade their LAN, WAN and Wi-Fi networks, with an additional 10% added for library upgrades.
http://www.educationsuperhighway.org/uploads/1/0/9/4/10946543/esh_cosn_lan_wifi_analysis.pdf (PDF)
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o Briefly Noted:


(San Francisco) San Francisco is the nation's fifth fittest city and San Jose is sixth, according to an analysis of the nation's 50 largest metro areas by the American College of Sports Medicine. The two trailed only Washington, DC; Minneapolis-St. Paul; Portland, Ore.; and Denver in the rankings, which were based on a composite of preventive health behaviors, levels of chronic disease conditions and community resources and policies that support physical activity. Complete rankings are below.
http://www.acsm.org/about-acsm/media-room/news-releases/2014/05/28/washington-d.c.-claims-top-spot-on-annual-fit-city-index 

(San Jose, Calif.) San Jose-based Vectra Networks, a developer of tools designed to detect cyber attacks in progress, on Wednesday named Charles Giancarlo to its board of directors. Giancarlo is a senior advisor to Silver Lake Partners and was previously managing director and head of value creation. He earlier served as a senior executive at Cisco Systems.
http://www.vectranetworks.com/ 
http://www.businesswire.com/news/home/20140528005096/en/Charles-Giancarlo-Joins-Vectra-Networks-Board-Directors#.U4YMC3JdXng 

(Campbell, Calif.) Campbell-based AOptix Technologies, a developer of ultra-high capacity wireless communications technology, on Wednesday named former Brocade CEO Michael Klayko to its board of directors. Klayko currently serves as the CEO of investment firm MKA Capital.
http://www.aoptix.com/news/press-releases/michael-klayko-joins-aoptix-board-of-directors 

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