| ============================================ BAY AREA TECH WIRE -- June 10, 2014 ============================================ To Subscribe: www.bayareatechwire.com o San Jose-Based Visier Raises $25.5 Million in Third Round of Funding o San Francisco-Based about.me Lands $11 Million in Second Round o San Mateo-Based Exabeam Raises $10 Million in First Round o David Marcus Stepping Down as PayPal President for Job at Facebook o Foster City-Based Love With Food Raises $1.4 Million in New Funding o San Francisco-Based Auconet Acquires ASDIS o Briefly Noted: AdTruth, PricewaterhouseCoopers, Lithium Technologies _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Seven Facts to Breathe Life into Your Business --Don't Miss Summer Rates On All Bay Area Tech Wire Advertising --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 San Jose-Based Visier Raises $25.5 Million in Third Round of Funding San Jose, Calif. -- Visier, a developer of workforce analytics and planning software with dual headquarters in San Jose and Vancouver, said on Tuesday it has raised $25.5 million in its third round of funding, led by Adams Street Partners. The company, which now has raised $49.5 million since its inception, also received investments from previous backers Foundation Capital and Summit Partners. Visier, which said it more than tripled its revenue growth in 2013, will use the new capital to broaden adoption of its technology within the human resources market, as well as penetrate new growth areas. The company's cloud-based tools are designed to help organizations leverage data to predict how workforce behaviors (such as future employee recruitment, promotion and turnover patterns) will change, and use that information to create plans to optimize the workforce. http://www.visier.com http://www.visier.com/press-release/visier-secures-25-5-million-series-c-financing-demand-companys-applied-big-data-solutions-accelerates/ _____________________________________________ o San Francisco-Based about.me Lands $11 Million in Second Round San Francisco -- about.me, the San Francisco-based developer of an online identity platform, said on Tuesday it has landed $11 million in its second round of funding, led by Foundry Group. True Ventures, SoftTech VC, CrunchFund and Bullpen Capital also took part in the round, which the company, co-founded by Tony Conrad and Ryan Freitas, will use to expand to new verticals and build on its existing product. about.me's service allows users to create curated pages that include features such as bios, contact information and buttons that link to social network content. "Now our goal is to build on that existing experience by adding features that will give our users something more tangible to work with and a reason to come back and regularly interact with their about.me page," said CEO Conrad. about.me was founded in late 2010 and acquired by Aol shortly after it launched publicly. In Feb. 2013, Conrad and Freitas bought back the company and have since been focusing on user acquisition and engagement. The company previously raised $5.7 million in funding from True Ventures, Google Ventures, SoftTech VC, SVA Capital and Aol Ventures. https://about.me http://www.businesswire.com/news/home/20140610005932/en/about.me-Raises-11-Million-Led-Foundry-Group#.U5c4HXJdXng _____________________________________________ o San Mateo-Based Exabeam Raises $10 Million in First Round San Mateo, Calif. -- Exabeam, a San Mateo-based developer of big data security analytics, said on Tuesday it has raised $10 million in its first round of funding, led by Norwest Venture Partners. Aspect Ventures and angel investor Shlomo Kramer also participated in the round, which the company will use to support its go-to-market strategy and continue developing its technology, designed to simplify security operations and help IT teams defeat sophisticated hackers. Exabeam's founding team includes CEO Nir Polak and Sylvain Gil, its vice president of products, both previously with Imperva, as well as CTO Domingo Mihovilovic, formerly with Sumo Logic. The company's machine-learning technology focuses on attacker behavior, rather than malware and tools, to help detect modern cyberattacks. "Organizations are losing the battle against cyberattacks, and the industry is in need of an effective approach to reverse the asymmetric advantage favoring hackers," said Polak. http://www.exabeam.com/ http://www.businesswire.com/news/home/20140610005468/en/Exabeam-Secures-10-Million-Series-Norwest-Venture#.U5cM53JdXng _____________________________________________ o David Marcus Stepping Down as PayPal President for Job at Facebook San Jose, Calif. -- eBay, the San Jose-based online auction giant, said that David Marcus will step down as the president of its PayPal online and mobile payments arm to lead Facebook's messaging products business. His final day will be June 27. PayPal's leadership team will report to John Donahoe, eBay's president and CEO, until a new president is named. "I know the business has a strong leadership team in place," said Marcus. "That’s why now felt like the right time to make a change and return to how I most love to spend my time, leading smaller teams to build great product experiences." PayPal has more than 148 million active accounts and in 2013 processed $180 billion in payment volume. PayPal accounted for 41% of eBay's revenue last year. http://www.ebayinc.com http://investor.ebayinc.com/financial_releases.cfm _____________________________________________ o Foster City-Based Love With Food Raises $1.4 Million in New Funding Foster City, Calif. -- Love With Food, the Foster City-based developer of a consumer food marketing data platform and monthly organic or natural snack delivery service, said on Tuesday it has raised $1.4 million in a new round of funding, increasing the company's total backing to $2 million. Investors included Kapor Capital, 500 Startups, TEEC Angel Fund, Angel List Syndicate led by Yun-Fang Juan, Ironfire Capital, Scrum Ventures, Tom Peterson of El Dorado Ventures and Talmadge O'Neill of Juvo Capital. "We will use this capital infusion to attract more customers and expand the team to further improve our consumer insight offerings," said founder and CEO Aihui Ong. The company increased its revenue from $250,000 in 2012 to more than $2 million last year. Love With Food utilizes data collected from its monthly orders to provide food brands with analytics, especially into the habits of the female millennial. The company's monthly delivery service provides members with 6-8 natural or organic snacks for $10 a month. http://www.lovewithfood.com http://www.prnewswire.com/news-releases/love-with-food-announces-14-million-funding-round-to-grow-customer-acquisition-efforts-and-expand-team-262514501.html _____________________________________________ o San Francisco-Based Auconet Acquires ASDIS San Francisco -- Auconet, a San Francisco-based developer of IT operations management tools, said on Tuesday it has acquired longtime partner ASDIS, a German provider of system management technology, from Ventura Management. Financial terms of the deal were not disclosed. Auconet said the acquisition strengthens its business infrastructure control products, while also adding several high-profile customers in the banking, insurance, logistics, transportation and retail sectors. ASDIS' offerings include ATM/kiosk management, server management, retail management and mobile device management. http://www.auconet.com http://www.asdis.de/home.html http://www.auconet.com/en/news-and-press/auconet-acquires-asdis-extends-itom-portfolio-system-management/ _____________________________________________ o Briefly Noted: (San Jose, Calif.) San Jose-based AdTruth, a developer of device recognition technology for digital marketing, has named Martin Gilliard as its general manager for North America. Gilliard most recently served as founder and CEO of Datamyze, and previously was vice president of media solution at the Media Innovation Group, a WPP company. http://www.adtruth.com/buzz/announcements/martin-gilliard-joins-adtruth-general-manager-north-america (San Francisco) Auditing and advisory firm PricewaterhouseCoopers (PwC) said that 23 professionals based in the Bay Area will be admitted into the firm's partnership, effective July 1. Of the 23, eight are based in the San Francisco office and 15 are based in San Jose. The complete list is available at the link below. http://www.prnewswire.com/news-releases/pwc-us-announces-23-partner-promotions-in-san-francisco-and-silicon-valley-offices-262382021.html (San Francisco) San Francisco-based Lithium Technologies, a developer of software that lets businesses create their own social networks and online communities, on Tuesday named Ravi Kumaraswami as its chief revenue officer. Kumaraswami most recently served as the senior vice president of sales at SAP. http://www.lithium.com/company/news-room/press-releases/2014/lithium-announces-ravi-kumaraswami-as-chief-revenue-officer =================================================== 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 > Seven Facts to Breathe Life into Your Business You've heard of the "facts of life." There also are facts of business life that entrepreneurs and would-be entrepreneurs need to know. 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