| ============================================ BAY AREA TECH WIRE -- May 29, 2014 ============================================ Special Summer Discounts on all Advertising Now Until Aug. 31, 2014 www.bayareatechwire.com o Apple to Acquire Dr. Dre's Beats Electronics for $3 Billion o San Francisco-Based RiskIQ Lands $25 Million in Second Round o San Francisco-Based Trifacta Raises $25 Million in Third Round o Cupertino-Based Seagate to Acquire LSI Divisions from Avago Technologies o KPCB's Mary Meeker Releases 2014 Internet Trends Report > Get The Word Out...With ads on Tech Wire o Briefly Noted: Qeexo - Sierra Ventures, Vendavo _____________________________________________ > 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 Apple to Acquire Dr. Dre's Beats Electronics for $3 Billion Cupertino, Calif. -- Further bolstering its music offerings, Cupertino-based Apple late Wednesday said it will pay $3 billion to acquire Dr. Dre's Beats Electronics, developer of a subscription streaming music service and maker of popular headphones, speakers and audio software. Under the deal, expected to close by the end of September, the company will make an initial payment of $2.6 billion, plus another $400 million that will vest over time. As part of the acquisition, co-founders Jimmy Iovine and Dr. Dre will join Apple in unspecified roles. "Music is such an important part of Apple’s DNA and always will be," said Eddy Cue, Apple's senior vice president of Internet software and services. "The addition of Beats will make our music lineup even better." Launched in 2008 as the brainchild of artist and producer Dr. Dre and Iovine, the chairman of Interscope Geffen A&M Records, Santa Monica-based Beats Electronics comprises the Beats by Dr. Dre family of consumer headphones, earphones and speakers, as well as Beats Audio software technology and streaming music subscription service Beats Music. Apple plans to sell the company's products online, as well as through its retail stores and select resellers. http://www.beatsbydre.com/ http://www.apple.com/pr/library/2014/05/28Apple-to-Acquire-Beats-Music-Beats-Electronics.html _____________________________________________ o San Francisco-Based RiskIQ Lands $25 Million in Second Round San Francisco -- RiskIQ, the San Francisco-based developer of a service designed to detect online threats to a brand's customers, said on Thursday it has landed $25 million in its second round of funding. Battery Ventures led the round, which also included participation by previous backer Summit Partners. Michael Brown of Battery Ventures has joined the company's board. The company plans to use the funds to bolster research and development, expand outside the U.S. and invest in sales and marketing to grow its market share in sectors such as insurance, ecommerce, media and consumer packaged goods. More than 100 companies, including eight of the 10 largest financial institutions in the U.S. and five of the nine largest Internet companies in the world, use RiskIQ to continuously monitor web and mobile assets for malware, malicious apps and brand infringements. The service combines cloud based intelligence and analytics with a proxy network and software that emulates real users to expose malware on websites, in mobile apps and advertisements. http://www.riskiq.com http://www.riskiq.com/company/press-releases/riskiq-raises-25m-meet-accelerating-demand-web-and-mobile-malware-detection _____________________________________________ o San Francisco-Based Trifacta Raises $25 Million in Third Round San Francisco -- Trifacta, the San Francisco-based developer of a platform designed to help users transform raw, complex data into clean and structured formats for analysis, said on Thursday it has raised $25 million in its third round of funding, led by new investor Ignition Partners. Previous backers Greylock Partners and Accel Partners also participated in the round, which the company will use to expand its sales and marketing activities. Frank Artale, managing director at Ignition, has joined the company's board of directors. The news comes just six months after Trifacta raised $12 million in its second round, co-led by Greylock Partners and Accel Partners. http://trifacta.com/ http://www.trifacta.com/news/item/trifacta-raises-25-million-to-drive-transformation-for-data-driven-enterprises/ _____________________________________________ o Cupertino-Based Seagate to Acquire LSI Divisions from Avago Technologies Cupertino, Calif. -- Seagate Technology, the Cupertino-based maker of hard disk drives and storage products, said on Thursday it will pay $450 million in cash to acquire LSI's Accelerated Solutions Division and Flash Components Division from San Jose-based Avago Technologies. The deal, expected to close after midyear, comes six months after Avago announced a $6.6 billion deal to acquire San Jose-based LSI, a maker of storage and networking chips and software. "This acquisition will significantly enhance our flash storage offerings to supplement our existing portfolio," said Steve Luczo, Seagate's chairman and CEO. http://www.seagate.com http://finance.yahoo.com/news/seagate-acquire-lsi-flash-businesses-114900238.html;_ylt=A0LEV0uFh4dTHAQAmP5XNyoA;_ylu=X3oDMTEzc25i bzcwBHNlYwNzcgRwb3MDMQRjb2xvA2JmMQR2dGlkA1ZJUDA1MV8x _____________________________________________ o KPCB's Mary Meeker Releases 2014 Internet Trends Report Menlo Park, Calif. -- Mary Meeker, a partner at Menlo Park-based venture capital firm Kleiner Perkins Caufield & Byers (KPCB), has released her 2014 Internet Trends report. The report highlights trends that show slowing growth of Internet users, but strong increases in smartphone, tablet and mobile data traffic, as well as mobile advertising. Meeker focuses on investments in the firm's digital practice and helps lead its Digital Growth Fund. The complete report is available at the link below. http://www.kpcb.com/insights/2014-internet-trends _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| 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 until August 2014! www.bayareatechwire.com |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| _____________________________________________ o Briefly Noted: (San Jose, Calif.) San Jose-based Qeexo, a developer of touch technologies, said on Thursday it has raised $2.3 million in its first round of funding, led by Sierra Ventures. The company will use the proceeds to accelerate market adoption of FingerSense, its mobile software designed to distinguish between touchscreen input from a fingertip, knuckle, nail or stylus. Qeexo also plans to expand its engineering and business development teams. http://www.qeexo.com/press-release.html (Mountain View, Calif.) Mountain View-based Vendavo, a developer of revenue and price optimization and management tools, on Thursday named Christine Russell as its CFO. Russell most recently served as the CFO at EAG, and previously held executive leadership positions at Virage Logic (Synopsys), Outerbay Technologies (HP), Ceva and Cygnus Solutions (Red Hat). http://www.vendavo.com http://www.prnewswire.com/news-releases/vendavo-appoints-silicon-valley-veteran-as-cfo-to-lead-finance-operations-amid-rapid-company-growth-261074111.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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