| ============================================ BAY AREA TECH WIRE -- June 17, 2014 ============================================ To Subscribe: www.bayareatechwire.com o Report: Oracle Close to Acquiring Micros Systems for More Than $5 Billion o Los Altos-Based VeloCloud Networks Lands $21 Million in New Funding o San Francisco-Based Clari Raises $20 Million in Second Round o San Francisco-Based Genstar Capital to Sell Evolution1 for $532.5 Million o SBA Names Winners of Tibbetts Award for Small High-Tech Firms o Briefly Noted: Practice Fusion, Move, OpenDNS, Couchbase _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Free Cloud & Network Security Forum & EXPO - Santa Clara - June 25 --Don't Miss Summer Rates On All Bay Area Tech Wire Advertising --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 Report: Oracle Close to Acquiring Micros Systems for More Than $5 Billion Redwood City, Calif. -- Oracle, the Redwood City-based back-office software giant, is nearing a deal to acquire Maryland-based Micros Systems, a provider of information technology systems for the hospitality and retail industries, for more than $5 billion, Bloomberg reported on Tuesday. Citing people familiar with the matter, the news service said the two companies are in exclusive talks, with Oracle CEO Larry Ellison looking for acquisitions to boost sluggish sales. According to Bloomberg, they nearly combined six years ago before a deal fell through at the last moment. The news sent shares of Micros soaring 15% in Tuesday's heavy trading on the NASDAQ. http://www.micros.com/ http://www.oracle.com/index.html http://www.bloomberg.com/news/2014-06-17/oracle-said-to-near-deal-to-buy-micros-systems.html _____________________________________________ o Los Altos-Based VeloCloud Networks Lands $21 Million in New Funding Los Altos, Calif. -- VeloCloud Networks, a Los Altos-based developer of cloud-based services designed to simplify wide-area networking, said on Tuesday it has raised $21 million in a round of funding co-led by venture capital firms New Enterprise Associates (NEA) and Venrock, as well as incubator firm The Fabric. Sanjay Uppal, VeloCloud's co-founder and CEO, said the company will use the funds to "build our channels, scale business development activities and create a strong ecosystem." The company's offerings aim to simplify wide-area networking by delivering virtualized services from the cloud to branch offices and mobile users. Clients include coraid, Roka Bioscience, Rockford Construction and Extrateam. http://www.velocloud.com http://www.velocloud.com/about/news-events/velocloud-announces-21-m-in-funding-led-by-nea-venrock-and-the-fabric/ _____________________________________________ o San Francisco-Based Clari Raises $20 Million in Second Round San Francisco -- Clari, the San Francisco-based developer of a mobile-first sales productivity platform, said on Tuesday it has raised $20 million in its second round of funding, led by Bain Capital Ventures. Northgate Capital also participated in the round, along with previous backer Sequoia Capital. The company, which now has raised $26 million since its inception, said it will use the latest funds to scale operations and continue developing its algorithms. "Our platform infuses data science into every touch point in the sales cycle, and gets intelligence into the hands of the entire sales team to help speed sales and boost forecast predictability," said CEO Andy Byrne. "This investment lets us double down on our predictive deal, relationship and forecast insights." Bain Capital's Ajay Agarwal will join the company's board of directors. http://www.clari.com http://www.clari.com/press_bain_capital.php _____________________________________________ o San Francisco-Based Genstar Capital to Sell Evolution1 for $532.5 Million San Francisco -- Genstar Capital, a San Francisco-based private equity firm focused on the software, financial services, healthcare and industrial technology industries, said it will sell healthcare payments technology firm Evolution1 to Maine-based payment processing firm Wex for $532.5 million. Evolution1 develops software tools designed to administer and manage consumer directed healthcare accounts. The company's technology allows more than 10 million consumers to spend electronically through prepaid funds in CDH (consumer directed health) accounts. The deal is expected to close in the third quarter. http://www.gencap.com http://www.evolution1.com http://news.gencap.com/press-releases/Genstar-Capital-Announces-Agreement-to-Sell-Evolution1-To-WEX-Inc-for-$532-5-Million _____________________________________________ o SBA Names Winners of Tibbetts Award for Small High-Tech Firms Washington, DC -- The Small Business Administration (SBA) on Tuesday named 25 high-tech small businesses as winners of its Tibbetts Award, which honors companies and individuals taking part in its Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Winners, selected based on the economic impact of their technological innovation and on whether they have met federal research and development needs, include Menlo Park-based Pacific Biosciences. Another local company, Sunnyvale-based Intuitive Surgical, was given the organization's Hall of Fame award. Presentations were made Monday at the White House. The complete list of winners is available at the link below. http://www.sba.gov/content/high-tech-small-businesses-receive-tibbetts-awards-innovative-and-outstanding-contributions _____________________________________________ o Briefly Noted: (San Francisco) San Francisco-based Practice Fusion, developer of a platform that lets patients find and book appointments with doctors and access their medical records, on Tuesday named Robert Park as its CFO. Park most recently served as the vice president of finance at Chegg, helping lead that company through its initial public offering (IPO). He previously held leadership roles at PayPal, McKesson and Ernst & Young. http://www.practicefusion.com http://finance.yahoo.com/news/practice-fusion-expands-executive-bench-123000111.html (San Jose, Calif.) San Jose-based Move, a provider of online real estate services, has named Cheryl Ainoa to its board of directors. Ainoa is the senior vice president of platform development for business and financial management software provider Intuit, and previously spent eight years as a senior vice president at Yahoo. http://news.move.com/2014-06-16-Technology-Leader-Cheryl-Ainoa-Elected-to-Move-Inc-s-Board-of-Directors (San Francisco) San Francisco-based OpenDNS, a provider of cloud-delivered security tools that recently announced $35 million in funding, on Tuesday named Burt Podbere as its new CFO. Podbere most recently served as the CFO of Net Optics and previously held financial and operations management roles at Epocrates, Adterative, Symantec and Amdocs. http://www.opendns.com http://www.businesswire.com/news/home/20140617005446/en/OpenDNS-Appoints-Chief-Financial-Officer-Rapid-Customer#.U6BUO5RdXng (Mountain View, Calif.) Mountain View-based Couchbase, provider of an NoSQL database, has named Sujan Jain as its senior vice president and CFO. Jain most recently served as the senior vice president and CFO of Model N, and previously was the vice president of finance and general manager of the software vertical at NetSuite. http://www.couchbase.com/press-releases/couchbase-appoints-sujan-jain-its-chief-financial-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 > Free Cloud & Network Security Forum & EXPO - Santa Clara - June 25 June 25, 2014 MC2IT is hosting a free Cloud & Network Security Forum & EXPO at the Santa Clara Convention Center. EXPO begins at 5:00pm with networking and free appetizers, followed by a panel discussion and audience Q&A. Speakers on the panel include the Founder and CTO of Palo Alto Networks, the Chief Information Security Officer at FireEye, the Chief Privacy Officer at McAfee and the Cloud Platform Product Manager at Google. The event is hosted by Mission College Center for Innovation and Technology (“MC2IT”), a non-profit 501(c)(3) organization of Mission College improving the quality of STEM education. Event registration & details: www.mcsecurityforum.org ____________________________________________ > Don't Miss Summer Rates On All Bay Area Tech Wire Advertising Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and enjoy summer rates now thru Aug. 31, 2014. Grow your business. Reach more than 6,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/EventForm.html ____________________________________________ > Associate Director – ORIX Ventures ORIX Ventures is seeking Associate Directors for its growing venture lending group. 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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. 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