| ============================================ BAY AREA TECH WIRE -- May 9, 2014 ============================================ To Subscribe: www.bayareatechwire.com o San Carlos-Based Pinnacle Engines Closes Third Round of Funding o GE to Acquire Canadian Cybersecurity Firm Wurldtech o Flatiron Health to Acquire Los Altos-based Altos Solutions o Chinese Companies Dominate New Forbes Global 2000 Rankings o CEA Names 2014 Consumer Electronics Hall of Fame Class o IT and Engineering Employment Show Steady Growth in April > The One Leadership Secret You Can’t Ignore o Briefly Noted: A.T. Kearney, Chegg, Open Source Storage, Madden NFL 15 _____________________________________________ > 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 San Carlos-Based Pinnacle Engines Closes Third Round of Funding San Carlos, Calif. -- Pinnacle Engines, a San Carlos-based technology company developing ultra-efficient engine designs, said it has raised an unspecified amount in its third round of funding, increasing the company's total backing to more than $30 million. Investors in the round included Mitsui Global Investment, VenturEast and an unspecified "strategic OEM partner," along with its previous backers Bessemer Venture Partners, New Enterprise Associates (NEA) and Infield Capital. The company also =said it has formed a five-member Asian business advisory board, which will offer business and technological advice to the company's executive team. http://pinnacle-engines.com http://www.prnewswire.com/news-releases/pinnacle-engines-expands-leadership-with-appointment-of-asian-business-advisory-board-closes-series-c-financing-258453111.html _____________________________________________ o GE to Acquire Canadian Cybersecurity Firm Wurldtech San Ramon, Calif. -- GE, the technology conglomerate with software headquarters in San Ramon, said on Friday it will acquire Canadian cybersecurity firm Wurldtech, part of its effort to protect critical infrastructure and advance cybersecurity efforts in key industries. Financial terms of the deal were not disclosed. Wurldtech's products and services are used in complex environments such as oil refineries and power transmission grids, as well as individual assets like medical devices and smart meters. Wurldtech will retain its name and operate as a unit of GE. http://www.ge.com http://www.wurldtech.com http://www.businesswire.com/news/home/20140509005252/en/ GE-Acquire-Wurldtech-Advance-Cyber-Security-Efforts#.U2zZc4FdXng _____________________________________________ o Flatiron Health to Acquire Los Altos-based Altos Solutions Los Altos, Calif. -- Flatiron Health, a New York-based health care technology company, said on Friday it will acquire Los Altos-based Altos Solutions, developer of a web-based oncology-specific electronic medical record. Financial terms of the deal, expected to close by the end of this month, were not disclosed. Altos will operate independently as a unit of Flatiron Health, with its president, Carla Wood Balch, serving as president and CEO of the subsidiary. Founded in 2004 by John Willey II and Keith Irwin, Altos Solutions initially created its platform to help oncologists plan complicated cancer treatments and schedule patient visits. The company then eventually released a fully integrated patient portal and practice management system. "Altos Solutions was founded for one simple reason, to improve the lives of patients by enhancing cancer care with technology," said Balch. "By joining forces with Flatiron Health, we're going to accelerate that mission." http://www.altosSolutions.com http://www.flatiron.com http://www.businesswire.com/news/home/20140509005386/en/Altos-Solutions-Acquired-Big-Data-Leader-Flatiron#.U2zbUIFdXng _____________________________________________ o Chinese Companies Dominate New Forbes Global 2000 Rankings New York -- Three Chinese banks top Forbes' 11th annual Global 2000 ranking of the biggest, most powerful and most valuable companies in the world. The list appears in the May 26 issue of Forbes magazine. For the first time, China houses the world's three largest companies, and lands five of the top 10 spots. Rankings are based on sales, profits, assets and market value. The top five companies include Industrial & Commercial Bank of China, China Construction Bank, Agricultural Bank of China, JPMorgan Chase and Berkshire Hathaway. The complete list is available at the link below. http://www.forbes.com/global2000 _____________________________________________ o CEA Names 2014 Consumer Electronics Hall of Fame Class Arlington, Va. -- The Consumer Electronics Association (CEA) has announced 12 new inductees to its Consumer Electronics Hall of Fame. The 2014 class, which will be honored in New York this November, includes Levy Gerzberg, the co-founder of Zoran; Loyd Ivey, the founder and CEO of Mitek Electronics and Communications; David Lee, the founder of Silicon Image; Tim Westergren, the founder of Pandora; Victor and Janie Tsao, the founders of Linksys; and longtime consumer electronics journalist Walter Mossberg. The new class was selected by a panel of media and industry professionals, who judged the nominations submitted by manufacturers, retailers and media. http://www.ce.org/News/News-Releases/Press-Releases/2014/CEA-Names-12-Industry-Leadersto-be-Inducted-into-t.aspx _____________________________________________ o IT and Engineering Employment Show Steady Growth in April Alexandria, Va. -- Information technology employment in the U.S. continued to show steady growth in April, according to new figures from the TechServe Alliance, a national trade association for the IT and engineering staffing industry. The number of IT jobs increased 0.28% from the prior month to just over 4.6 million, with the U.S. economy adding 117,900 IT workers over the past year. Engineering jobs ticked up in April, growing by 0.18% sequentially to just under 2.5 million. "Given we were able to add IT and engineering jobs in Q1 with GDP essentially flat, I am optimistic we will continue to see increasing IT and engineering job growth as the economy picks up steam in Q2 and Q3," said Mark Roberts, CEO of the TechServe Alliance. http://www.techservealliance.org/pressroom/documents/IndexreleaseMay2014-MBR.pdf (PDF) _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| 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 |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| _____________________________________________ o Briefly Noted: (Palo Alto, Calif.) Hoping to capture more high-tech clients, Chicago-based management consulting firm A.T. Kearney said it has opened a new office in Palo Alto, its second location in the Bay Area. The office will be led by partner Mark Holman. This opening follows the hiring of four technology partners in the Bay Area in October. http://www.atkearney.com/news-media/news-releases/news-release/-/asset_publisher/00OIL7Jc67KL/content/a-t-kearney-strengthens-high-tech-capabilities-with-new-office-in-silicon-valley/10192 (Santa Clara, Calif.) Santa Clara-based Chegg, the large provider of online study tools and textbooks, on Friday named Mitch Spolan to the newly created role of executive vice president of marketing services. Spolan most recently served as the executive vice president of global retail at LivingSocial. The hiring comes on the heels of Chegg's acquisition of student deal platform Campus Special, which has since been rebranded Chegg Deals. http://investor.chegg.com/press-releases/press-release-details/2014/Chegg-Appoints-Mitch-Spolan-as-Companys-Top-Sales-Executive/default.aspx (San Jose, Calif.) San Jose-based Open Source Storage (OSS), a developer of enterprise datacenters built on open source software and components, has named Greg Mayhew as its vice president of business development. Mayhew most recently was the director of sales execution, cloud content and media at MS Sales and Service Group. http://opensourcestorage.com/ http://www.prnewswire.com/news-releases/open-source-storage-names-greg-mayhew-vp-of-business-development-258470681.html (Redwood City, Calif.) San Francisco 49ers quarterback Colin Kaepernick is one of 16 players taking part in a bracket-style competition to determine who will grace the cover of Electronic Arts' Madden NFL 15 game. Kaepernick, a No. 2 seed, faces off against Philadelphia quarterback Nikc Foles, a No. 7 seed, in the first round. Fans can vote once a day at the link below. http://espn.go.com/nfl/feature/maddenvote =================================================== 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. 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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