============================================ BAY AREA TECH WIRE -- June 9, 2014 ============================================ To Subscribe: www.bayareatechwire.com o Autodesk Acquires Swedish Game Software Maker Bitsquid o Mountain View-based Kahuna Raises $11.2 Million in Venture Capital o Shares in Apple Steady on First Day After 7-for-1 Split o WSJ: Affirm Quietly Raised $45 Million Over Past Year o Sunnyvale-Based Trimble Acquires Australian Mining Software Firm MIS o SpaceX, Palantir Ruffling Feathers in DC With Gov Contracting Push o Briefly Noted: PwC US, Immersion Corp., Violin Memory, Twitch _____________________________________________ > 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 Autodesk Acquires Swedish Game Software Maker Bitsquid San Francisco -- Autodesk, a San Francisco-based provider of design software, announced on Monday that it has acquired Bitsquid, a Sweden-based provider of 3D game development software. The acquired company was founded in 2009 by the owners of Fatshark and the former lead engineers of Grin and is focused on flexible design tools. Its technology will be incorporated by Autodesk into own products for customers outside of the games industry, including architecture, manufacturing, construction, and film, according to the announcement. Autodesk said it plans "to create new types of design exploration tools that allow visualization and contextualization of designs using the same fluid control and immediate feedback that exist today in modern console and PC games." http://www.businesswire.com/news/home/20140609005564/en/Autodesk-Acquires-Bitsquid#.U5YNDHKwJcQ http://www.bitsquid.se/ http://www.autodesk.com/ _____________________________________________ o Mountain View-based Kahuna Raises $11.2 Million of Venture Capital Mountain View, Calif.-- Kahuna, a Mountain View-based provider of software that analyzes customer behavior on web and mobile networks, has raised $11.2 million of venture capital, according to a new filing by the company with the Securities and Exchange Commission. Founded in 2011, Kahuna helps companies mine data about their online and mobile customers and to test marketing strategies with them. Early clients of Kahuna include the New England Patriots, 1-800-Flowers.com and Yahoo Sports. Investors in the company include Sequoia Capital, Diamondhead Ventures, Zap Ventures, and OVP Venture Partners. http://www.sec.gov/Archives/edgar/data/1610065/000161006514000001/xs lFormDX01/primary_doc.xml http://www.usekahuna.com/ _____________________________________________ o Shares in Apple Steady on First Day of 7-for-1 Split Cupertino, Calif.-- Shares in Apple closed relatively unchanged on Monday, after the company executed a 7-for-1 split of its stock, closing at $93.62, or down 0.09% for the day. In a purported effort to make the share price "more accessible to a larger number of investors," according to a recent public statement by Apple CEO Tim Cook, the company's share price is now less than $100, as compared to around $700 previous to the split. Two years ago, Cook said during the company's annual shareholder meeting that he did not see any point of a stock split since it did "nothing" for shareholders. http://blogs.wsj.com/moneybeat/2014/06/09/what-apples-stock-split-means-for-you/ _____________________________________________ o WSJ: Affirm Quietly Raised $45 Million Over Past Year San Francisco -- The Wall Street Journal reported on Monday that Affirm, an online lending startup, has "quietly" raised $45 million in venture capital over the past year. According to the article, investors in the company include Khosla Ventures, Lightspeed Venture Partners and Nyca Partners, and 32 others. Affirm is headed by Max Levchin, who co-founded PayPal and Slide. Affirm was begun out of Levchin's technology incubator, HVF. http://blogs.wsj.com/digits/2014/06/09/paypal-co-founder-max-levchin-raises -45-million-for-startup-affirm/ https://www.affirm.com/ _____________________________________________ o Sunnyvale-Based Trimble Acquires Australian Mining Software Firm MIS Sunnyvale, Calif.-- Trimble, a Sunnyvale-based developer of software aimed at making field and mobile workers more productive, announced on Monday that it has acquired Mining Information Systems (MIS), a privately held firm headquartered in Perth, Australia. The acquisition will add "enterprise-level information management capabilities" to Trimble's existing portfolio of mining software, the company said. MIS' software provides an enhanced view of geospatial, productivity, workforce and cost data to support better operational and strategic decision making. Financial terms were not disclosed. Last December, Trimble acquired C3, a Wisconsin-based developer of tools designed to assess farms for factors that impact crop yield, quality and health. http://www.trimble.com/news/release.aspx?id=060914a _____________________________________________ o SpaceX, Palantir Ruffling Feathers in DC With Gov Contracting Push Washington, DC -- Politico reports on Monday that two high-profile Bay Area companies -- SpaceX, founded by billionaire Elon Musk, and software firm Palantir -- have ruffled feathers as they've entered the defense procurement market. "They've made enemies of big-name defense contractors. They've locked horns with their government customers. And they've refused to play by the unwritten rules of federal contracting," wrote Politico. The article says that SpaceX has filed suit against the Air Force to reopen a satellite launch contract, a move that Politico says violates an "unwritten rule" of government contracting of trying to avoid suing the customer. "Their battles have put on display a striking culture clash: the Silicon Valley startup mentality, in which disruptive technologies quickly win consumers, versus Washington's inside game, mastered by long-established companies with deep government connections and knowledge," wrote Politico. Both companies have recently turned to Congressional supporters to help them with their procurement battles. http://www.politico.com/story/2014/06/defense-spacex-palantir-elon-musk-107580.html _____________________________________________ o Briefly Noted: (San Francisco) PwC US, the audit and consulting firm, announced on Monday that 23 employees based in the Bay Area will be admitted into the firm's partnership. Of the 23, eight are based in the San Francisco office and 15 are based in San Jose. The new partners are listed at the link below. http://www.cnbc.com/id/101743452 (San Jose, Calif.) Immersion Corp., a San Jose-based developer of touch feedback technology, announced on Monday it has entered into a multi-year licensing arrangement with Continental. With around 182,000 employees in 49 countries, Continental is one of the leading automotive suppliers worldwide. http://ir.immersion.com/releasedetail.cfm?ReleaseID=852765 http://www.immersion.com (Santa Clara, Calif.) Violin Memory, a provider of all-flash storage arrays and appliances, has named Georges Antoun and Richard N. Nottenburg to its board of directors. Antoun is COO of First Solar, a provider of photovoltaic solar systems. Nottenburg is a management consultant and private investor working with technology companies in the semiconductor, software and wireless communications industries. http://www.violin-memory.com (San Francisco) According to an "extensive study" on the nature of gamers, commissioned by Twitch, the San Francisco-based provider of a video platform and community for gamers, "gamers are more social, family oriented, educated, optimistic, successful, and socially conscious than their non-gamer counterparts." Twitch said it commissioned the study "because the socially engaged community migrating to its live streaming platform was in stark contrast to the gamer stereotype." http://www.businesswire.com/news/home/20140605005405/en/Study-Reveals-Face-Gamers#.U5YS_3KwJcQ http://www.twitch.tv =================================================== 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. 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. Send email to: editorial@bayareatechwire.com Tech Wire Mailing Address: 325 Pennsylvania Ave. SE Suite 250 Washington, DC 20003 Copyright: CapWire Inc. 2014 |
To unsubscribe/change profile: click here
To subscribe: click here
No comments:
Post a Comment