| ============================================ BAY AREA TECH WIRE -- June 5, 2014 ============================================ Summer Discounts on Bay Area Tech Wire Ads - Post Jobs, Events or Services www.bayareatechwire.com o Los Altos-Based Elasticsearch Raises $70 Million in Third Round o San Francisco-Based Twitter to Acquire Namo Media o Cupertino-Based Apple Breaks Into Top Five of New Fortune 500 o Foster City-Based E2open Acquires Santa Clara-Based Serus o San Francisco-Based Glu Mobile Raises $34.5 Million in Public Offering > Don't Miss Summer Rates On All Bay Area Tech Wire Advertising o Briefly Noted: Silicon Valley Bank, Violin Memory, CerMed - OncoGenesis _____________________________________________ > 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 Los Altos-Based Elasticsearch Raises $70 Million in Third Round Los Altos, Calif. -- Elasticsearch, the Los Altos- and Netherlands-based developer of a real-time search and analytics platform, said on Thursday it has raised $70 million in its third round of funding, led by New Enterprise Associates (NEA). Benchmark Capital and Index Ventures also took part in the round, which increases the company's total funding to $104 million over the past year and a half. It plans to use the latest funds to bolster marketing and product development activities, and expand its sales organization. The company claims more than 8 million downloads of its core products -- Elasticsearch, Logstash and Kibana -- counting Comcast, eBay, Facebook, Mayo Clinic, TomTom and Tinder among its clients. Harry Weller, a general partner at NEA, will join the company's board of directors. "It's rare to see a company not only get developers excited by their technology, but also sell successfully into the enterprise, and we see massive opportunities on an even broader scale," said Weller. http://www.elasticsearch.com http://www.elasticsearch.com/blog/press/elasticsearch-raises-70-million-series-c-financing/ _____________________________________________ o San Francisco-Based Twitter to Acquire Namo Media San Francisco -- Twitter said it will acquire San Francisco-based startup Namo Media, a creator of tools designed to let developers ad native ads to mobile apps. TechCrunch pegged the value of the deal at around $50 million. The company said the deal builds on last October's acquisition of MoPub. "We believe strongly that all app developers large and small should be able to monetize their applications without sacrificing the user experience," wrote Kevin Weil, Twitter's vice president of product, in a blog post. "In our conversations with the Namo Media team, it became clear we share a vision for how native advertising can improve the state of mobile app monetization for marketers, app publishers and users." Namo counts Google Ventures, Andreessen Horowitz, Betaworks, Trinity Ventures and Susa Ventures among its investors. http://www.namomedia.com/ https://blog.twitter.com/2014/welcoming-namo-media-to-the-flock http://blog.namomedia.com/post/87806257997/twitter-to-acquire-namo-media http://techcrunch.com/2014/06/05/twitter-buys-namo-media-to-expand-its-native-ads-offering/ _____________________________________________ o Cupertino-Based Apple Breaks Into Top Five of New Fortune 500 Cupertino, Calif. -- With a 9% jump in revenue from a year ago, Apple has broken into the top five of the newly released Fortune 500, an annual ranking of America's largest corporations, based on revenue. The Cupertino-based company came in at No. 5, up one spot from a year ago, with revenue of $170.9 million. Wal-Mart Stores remained No. 1 overall, followed by Exxon Mobile, San Ramon-based Chevron and Berkshire Hathaway. Other local companies in the top 100 include San Francisco-based McKesson (No. 15), Palo Alto-based HP (No. 17), San Francisco-based Wells Fargo (No. 29), Mountain View-based Google (No. 46), Santa Clara-based Intel (No. 53), San Jose-based Cisco Systems (No. 55), Pleasanton-based Safeway (No. 67) and Redwood City-based Oracle (No. 82). The complete list is available at the link below. http://fortune.com/fortune500/wal-mart-stores-inc-1/ _____________________________________________ o Foster City-Based E2open Acquires Santa Clara-Based Serus Foster City, Calif. -- E2open, a Foster City-based developer of software for managing business across complex trading networks, said on Thursday it has paid $18.5 million in cash and stock to acquire Santa Clara-based Serus, a provider of supply chain management tools to high tech companies. The value of the deal, which includes approximately $14.5 million in cash and $4 million in stock, could rise by up to $7.5 million upon the achievement of certain revenue milestones. E2open said the acquisition will give it technology for design for manufacturing, contracts and compliance, as well as early stage visibility in the semiconductor and technology-driven discrete manufacturing industries. Serus' clients include AMD, Cypress, Flextronics, IDT, Juniper, Nvidia, Oracle and Qualcomm/Atheros. http://www.e2open.com http://www.serus.com/ http://www.e2open.com/news/article/e2open-acquires-serus-corporation _____________________________________________ o San Francisco-Based Glu Mobile Raises $34.5 Million in Public Offering San Francisco -- Glu Mobile, a San Francisco-based developer and publisher of free-to-play games for smartphones and tablets, said on Thursday it has raised $34.5 million through an underwritten public offering. Through the deal, the company sold nearly 9.9 million shares for $3.50 each. Glu said it will use the net proceeds, which total approximately $32.4 million, for working capital and other general corporate purposes, including possible acquisitions or investments. http://www.glu.com/ http://www.businesswire.com/news/home/20140604006067/en/Glu-Mobile-Closes-34.5-Million-Public-Offering#.U5Cdy3JdXng _____________________________________________ |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| 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 |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| _____________________________________________ o Briefly Noted: (Santa Clara, Calif.) Santa Clara-based Silicon Valley Bank on Thursday named Michael Zuckert as its new general counsel. Zuckert previously served as the deputy general counsel at Citigroup, where he was general counsel for Citi Holdings as well as general counsel for Finance and Capital Markets. Earlier, he worked at Morgan Stanley in both legal and business roles. http://www.svb.com/News/Company-News/Silicon-Valley-Bank-Appoints-New-General-Counsel/ (Santa Clara, Calif.) Santa Clara-based Violin Memory, a developer of all-flash storage arrays and appliances, said on Thursday it has promoted Andrew Perry to global vice president of channel sales and Christian Putz to vice president of EMEA channel sales. The promotions coincide with the launch of the company's global partner program. http://investor.violin-memory.com/company/investors-overview/press-releases/press-release-details/2014/Violin-Memory-Appoints-Andrew-Perry-VP-of-Global-Channel-Sales-Promotes-Christian-Putz-to-VP-of-EMEA-Channel-Sales/default.aspx (Sunnyvale, Calif.) Sunnyvale-based CerMed, a developer of multiplexed biomarker-based systems that identify the presence and progression of cancer, said on Thursday it has changed its name to OncoGenesis. The company said the new name better articulates its broader focus beyond point-of-care cervical cancer screening. OncoGenesis also has named Thomas Umbel, a former executive at Hologic, as its president and COO. http://oncogenesisdx.com/ http://www.prnewswire.com/news-releases/cermed-announces-corporate-name-change-and-names-president-262003901.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 > 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. Learn these seven tips to know which common mistakes to avoid and how to steer your company in the direction you want it to go. http://www.fairfaxcountyeda.org/bay-area-tech-wire ____________________________________________ > 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. 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. 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