| ============================================ BAY AREA TECH WIRE -- May 7, 2014 ============================================ To Subscribe: www.bayareatechwire.com o Sunnyvale-Based Maxta Raises $25 Million in Second Round o Palo Alto-Based Vaurum Lands $4 Million in Seed Funding o Milpitas-Based FireEye to Acquire nPulse Technologies o San Francisco-Based Delectable Raises $3 Million in First Round o Sunnyvale-Based Silicon Image Acquires UpdateLogic o AOL to Acquire Advertising Technology Firm Convertro o Briefly Noted: Adara Networks, BDNA, Splunk _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --The One Leadership Secret You Can’t Ignore --Associate Director – ORIX Ventures --USC Marshall Partners Bay Area: Inside Entrepreneurship - May 8, 2014 --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 Sunnyvale-Based Maxta Raises $25 Million in Second Round Sunnyvale, Calif. -- Maxta, the Sunnyvale-based developer of an enterprise storage platform for virtualized environments, said on Wednesday it has raised $25 million in its second round of funding, co-led by new investors Tenaya Capital and Intel Capital. Previous backer Andreessen Horowitz also participated in this round, which the company will use to bolster product development, marketing, sales and support activities. "This infusion of funds will be used to expand product innovation and scale our business to accelerate the adoption of the virtual data center," said Yoram Novick, Maxta's founder, president and CEO. http://www.maxta.com http://www.maxta.com/press-release/ _____________________________________________ o Palo Alto-Based Vaurum Lands $4 Million in Seed Funding Palo Alto, Calif. -- Vaurum, a Palo Alto-based developer of Bitcoin exchange software for financial institutions, said on Wednesday it has landed $4 million in seed funding from Battery Ventures and angel investors. Individuals in the round included Tim Draper, a managing director and co-founder of investment firm Draper Fisher Jurvetson, and Steve Case, the former chairman and CEO of AOL. The company will use the proceeds to expand its engineering team and further build out its white-label platform for financial institutions. Vaurum said its focus is on building a commercial infrastructure for Bitcoin to better integrate cryptocurrencies into the traditional financial system. "There's a great global demand by investors today to trade virtual currencies, mainly Bitcoin, but in practice it's not very easy for people to do, whether they're sophisticated institutional investors or underserved populations in developing economies," said co-founder and CEO Avish Bhama. https://vaurum.com/ http://www.marketwired.com/press-release/vaurum-raises-4-million-in-funding-round-led-by-battery-ventures-1907246.htm _____________________________________________ o Milpitas-Based FireEye to Acquire nPulse Technologies Milpitas, Calif. -- FireEye, a Milpitas-based developer of virtual machine technology designed to protect users from cyber threats in real time, said it will acquire Virginia-based nPulse Technologies, a maker of network forensics tools. Financial terms of the deal, expected to close by midyear, were not disclosed. FireEye said the acquisition will allow it to offer a platform giving clients visibility into the entire attack life cycle -- from network intrusion to endpoint exploitation and lateral movement -- to help them minimize risk and resolve issues more quickly. David DeWalt, the chairman and CEO of FireEye, said the technology will act as a "flight recorder" for security analytics. The two companies first integrated their technologies under a partnership formed earlier this year. http://www.fireeye.com/ http://www.npulsetech.com/ http://www.fireeye.com/news-events/press-releases/read/fireeye-enters-agreement-to-acquire-npulse-technologies http://www.npulsetech.com/2014/05/npulse-enters-into-agreement-to-be-acquired-by-fireeye/ _____________________________________________ o San Francisco-Based Delectable Raises $3 Million in First Round San Francisco -- Delectable, the San Francisco-based developer of a mobile app focused on wine, said on Wednesday it has raised $3 million in its first round of funding, co-led by Deep Fork Capital, DN Capital and Ceyuan Ventures. Several individuals, including David Sacks, Max Levchin, Joe Lonsdale and Gary Vaynerchuk, also participated in the round, which the company will use to expand its engineering team and further develop its technology. Founded in 2011, Delectable lets users learn about, discover and buy wine. The company's database contains more than 2 million wines from around the world. https://delectable.com/ http://www.businesswire.com/news/home/20140507006371/en/Delectable-Raises-3-Million-Series-Funding-Leverages#.U2ppaIFdXng _____________________________________________ o Sunnyvale-Based Silicon Image Acquires UpdateLogic Sunnyvale, Calif. -- Silicon Image, a Sunnyvale-based developer of multimedia connectivity tools, said it has acquired Minnesota-based UpdateLogic, a provider of device management services for Internet-connected consumer products such as Smart TVs, Blu-ray Disc players and set-top boxes. Financial terms of the deal were not disclosed. Silicon Image said the acquisition expand its connectivity technology portfolio from integrated circuits and intellectual property into software and services. "This acquisition is well aligned with our vision of seamlessly connecting consumers to their devices," said Camillo Martino, the CEO of Silicon Image. UpdateLogic will operate under its existing name as a unit of Silicon Image. http://www.siliconimage.com/ http://www.updatelogic.com/ http://www.siliconimage.com/Company/News_and_Events/Press_Releases/2014_05_06_ Silicon_Image_Completes_Acquisition_of_UpdateLogic,_Inc_/ _____________________________________________ o AOL to Acquire Advertising Technology Firm Convertro New York -- Looking to further bolster its advertising offerings, AOL said it will pay up to $101 million to acquire Santa Monica-based Convertro, a developer of attribution modeling technology for brands and agencies. The deal includes $89 million in cash, $2 million in converted stock awards and up to $10 million more in earn-outs, based on the satisfaction of certain product development milestones. Convertro's tools are designed to help marketers and agencies maximize their return on advertising spend across online and offline media channels. Tim Armstrong, the chairman and CEO of AOL, said the acquisition "demonstrates our continued commitment to bring efficiency to the advertising industry through automation and machine learning." http://www.convertro.com http://corp.aol.com/2014/05/06/aol-extends-programmatic-leadership-with-attribution-modeling-in/ _____________________________________________ o Briefly Noted: (San Jose, Calif.) San Jose-based Adara Networks, a developer of software defined networking tools, on Wednesday named Steven Garrido as its director of global accounts. Garrido previously held senior sales positions at MileStone Tech, Trend Micro and Cisco. http://www.adaranetworks.com http://finance.yahoo.com/news/adara-networks-appoints-steven-garrido-130000821.html;_ylt=A0LEVzJ_NWpTAQUA.KlXNyoA;_ylu=X3oDMTEzazk5OG I1BHNlYwNzcgRwb3MDMQRjb2xvA2JmMQR2dGlkA1ZJUDM3MF8x (Mountain View, Calif.) Mountain View-based data as a service company BDNA on Wednesday named Len Fischer as its executive vice president of marketing. Fischer most recently held leadership roles in revenue management and regional marketing at Informatica. http://www.bdna.com http://www.businesswire.com/news/home/20140507005587/en/BDNA-Appoints-Lennard-Fischer-Executive-Vice-President#.U2o8AoFdXng (San Francisco) San Francisco-based Splunk, developer of a software platform for real-time operational intelligence, on Wednesday named Doug Merritt as its senior vice president of field operations. Merritt most recently served as the senior vice president of product and solutions marketing at Cisco Systems, and previously was the CEO of Baynote. http://www.splunk.com/view/SP-CAAAMTE =================================================== 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/ ____________________________________________ > USC Marshall Partners Bay Area: Inside Entrepreneurship - May 8, 2014 Get ready for an inside look at today's dynamic start-up and venture capital landscape with some of the field’s most acclaimed thought leaders. Gain critical industry insight and discover how students at USC Marshall are redefining business success. Featuring a keynote address by Silicon Valley trailblazer Tim Draper – founding partner of Draper Fisher Jurvetson and the engine behind Draper University of Heroes – exclusive access to renowned USC Marshall alumni and a student business pitch competition with a $10,000 grand prize, this is one event you can’t afford to miss! Thursday, May 08, 2014. Hero City at Draper University/San Mateo, CA. Register here ____________________________________________ > 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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