Tuesday, October 28, 2014

Bay Area Tech Wire -- Oct. 28

BAY AREA TECH WIRE -- Oct. 28, 2014
To Subscribe: www.bayareatechwire.com

Palo Alto-Based Wealthfront Raises $64 Million in New Funding Round
Redwood City-Based Moka5 Lands $16 Million in Fourth Round
EMC Acquires S.F.-Based Cloudscaling, Mountain View's Maginatics
o Oakland-Based Pandora Names Chris Phillips as Chief Product Officer
Dublin-Based Tria Beauty Names Peter Wyles as President and CEO
Briefly Noted: Daintree Networks, Medifast - Fitbit, Ultratech


> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)

--IT Services Department Manager, Turlock Irrigation District
--SRK Headshot Day -- Fast Fun Affordable Professional Headshots

--Senior Manager, External Reporting - Mode Media,
Brisbane CA
--CyberMaryland 2014 Conference – Oct. 29-30
Senior Analyst - Consumer Services US
--Human Services Agency IT Director - City and County of San Francisco
--EnMasse Design - Bay Area Product Design Studio

--Don't Miss -- Bay Area Tech Wire Advertising

Ad Descriptions Below Briefly Noted Section
Post Job/Event/Marketplace ad: http://www.bayareatechwire.com

o Palo Alto-Based Wealthfront Raises $64 Million in New Funding Round

Palo Alto, Calif. -- Wealthfront, the Palo Alto-based developer of an automated investment service, said on Tuesday it has raised $64 million in a new round of funding, led by Spark Capital Growth. New investor Dragoneer Investment Group and previous backers Index Ventures, DAG Ventures, Greylock Partners, Ribbit Capital and the Social+Capital Partnership also took part in the round, which increases the company's cash reserves to more than $100 million. Wealthfront said it will use the latest proceeds to continue building out its service for the millennial generation. "There are over 90 million millennials in the United States, and they are increasingly demanding a different type of investment service than Wall Street offers their parents," said CEO Adam Nash. Wealthfront provides clients with an automated service to manage their long term investments using the most tax efficient and low cost portfolios.

o Redwood City-Based Moka5 Lands $16 Million in Fourth Round

Redwood City, Calif. -- Moka5, the Redwood City-based developer of an enterprise client computing platform, said on Tuesday it has landed $16 million in its fourth round of funding. All of the company's original investors participated, including Khosla Ventures, Highland Capital Partners and NGEN Partners. Founded in 2005, Moka5 is the developer of a centrally managed container infrastructure for computers and mobile devices. The technology is designed to manage and secure Windows workspaces across platforms, networks and devices. "It's no longer a question of 1if' containerized workspaces will form the new enterprise client computing architecture -- it's 1when'," said CEO Dave Robbins.

o EMC Acquires S.F.-Based Cloudscaling, Mountain View's Maginatics

Hopkinton, Mass. -- In a trio of acquisitions intended to strengthen its hybrid cloud deployment offerings, EMC, the Massachusetts-based data infrastructure giant, said on Tuesday it has bought San Francisco-based Cloudscaling Group, Mountain View-based Maginatics and Texas-based Spanning Cloud Apps. Financial terms of the deals were not disclosed. Founded in 2006, Cloudscaling, a developer of cloud infrastructure tools, has raised more than $10 million from backers including Juniper Networks and Trinity Ventures. Maginatics is the developer of a cloud storage platform, and is backed by Atlantic Bridge, Comcast Ventures, Intel Capital, VMware and WestSummit Capital. Cloudscaling CEO Randy Bias and team will join the EMC Emerging Technologies Division, while Maginatics CEO Amarjit Gil and team, along with Spanning CEO Jeff Erramouspe and team, will join the company's newly formed Core Technologies Division.

o Oakland-Based Pandora Names Chris Phillips as Chief Product Officer

Oakland -- Pandora, the Oakland-based Internet radio service, on Tuesday named former Amazon.com executive Chris Phillips as its chief product officer, responsible for the company's product strategy and roadmap. Phillips most recently served as the director of product management and user experience for Amazon Digital Music, where he most recently led the launch of Amazon Prime Music. Previously, he led the Apple QuickBooks business at Intuit.

o Dublin-Based Tria Beauty Names Peter Wyles as President and CEO

Dublin, Calif. -- Tria Beauty, a Dublin-based developer of laser and light technologies used for skin care, on Tuesday named Peter Wyles as its new president and CEO. Wyles previously served as the president and CEO of ReVENT Medical and Ventus Medical, and also spent 15 years at Bayer HealthCare. Tria's FDA-cleared devices include hair removal lasers, acne-clearing blue lights and lasers used to reduce facial aging.

o Briefly Noted:

(Los Altos, Calif.) Los Altos-based Daintree Networks, a developer of networked wireless control and energy management tools, has named the winners of its inaugural Energy Champion Awards. Winners of the awards, which honor those in the industry driving awareness to use technologies and processes to reduce energy consumption in commercial buildings, are available at the link below.

(San Francisco) Medifast, a Maryland-based developer of weight loss products and programs, on Tuesday announced a new partnership with San Francisco-based Fitbit, the maker of fitness tracking devices. Under the deal, owners of Fitbit's trackers will be able to have their activity data linked to a personal Medifast dashboard. The company's new dashboards track nutrition, exercise, meals, weight, sleep, well-being and other data. Medifast also will begin selling several Fitbit devices. http://ir.medifastdiet.com/releasedetail.cfm?ReleaseID=878557 

(San Jose, Calif.) San Jose-based Ultratech, a supplier of lithography, laser-processing and inspection systems used to manufacture semiconductor devices and high-brightness LEDs, said on Tuesday it plans to repurchase up to $100 million in company stock. The company said it will buy the shares through open market purchases, block trades, privately negotiated transactions and derivative transactions.

Job/Event/Marketplace Listings:
To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
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> IT Services Department Manager, Turlock Irrigation District

Nestled between the awe-inspiring Sierra Nevada and the greater Bay Area, the Chief Financial Officer for the Turlock Irrigation District (TID) is conducting a national search to find an experienced Information Technology Services Department Manager. Ideal candidates will be highly skilled technology professionals. The successful candidate must have a proven and verifiable track record with providing technology solutions for leveraging existing systems and transitioning TID to a more integrated, contemporary, state-of-the-art technology organization with significantly improved technology applications to support all aspects of the public utilities administrative (finance, personnel, customer billing, and customer service) and operational needs. A Bachelor’s degree and at least ten (10) years of progressive experience with at least three (3) years of management experience required. Salary to $151,434. Interested candidate should email their resume and compelling cover letter to apply@ralphandersen.com This position is open until filled; First review of resumes will begin 12/5/14. Detailed brochure available at www.ralphandersen.com Confidential inquires to Robert Burg at 916/630-4900.

> SRK Headshot Day -- Fast Fun Affordable Professional Headshots

Schedule your professional headshot with a SRK Headshot Day photo session at a S.F. Bay Area location including San Francisco, Silicon Valley and Oakland. We can also set-up onsite at your company for a Corporate Headshot Day. Choose a high-quality, professionally retouched headshot from a professional photographer - perfect for LinkedIn, your resume, About Us page, or social media. Fast. Fun. Affordable. SRK Headshot Day http://srkheadshotday.com/ Send inquiries to patricia@scottrklinephoto.com

> Senior Manager, External Reporting - Mode Media, Brisbane CA

Mode Media is a leading vertical social media company with the largest online global reach in lifestyle and among the top 10 of the Wall Street Journal’s annual ranking of the top 50 U.S. venture-backed companies. The Sr. Manager, External Reporting has primary responsibility for all external reporting and compliance. This includes SEC reporting as well as all other regulatory agencies. This position will also act as coordination of any requirements globally. This person will work with the Corporate Accounting Group to provide assistance with the Company’s audit requirements and management of the public accounting firm (E&Y) during the quarterly and annual review/audit process. The manager helps build and maintain a “World Class” accounting and operations service and support organization. Requirements: Bachelor’s degree in Accounting or Finance; CPA required. 10 years’ experience, with at least 5 years of experience at public accounting firm, Big 4 preferred and 2 yrs experience as SEC reporting manager. Strong project management, leadership, relationship development and people management skills. Results orientation with an ability to manage the overall project, collaborate with different individuals across the organization and at target companies. To Apply: https://hire.jobvite.com/j?aj=o8CsZfwV&s=Bay_Area_Tech_Wire

> CyberMaryland 2014 Conference – Oct. 29-30 - Baltimore Convention Center

Collaborate, Educate and Innovate at the fourth annual CyberMaryland 2014 Conference October 29-30th at the Baltimore Convention Center, One W. Pratt Street, Baltimore, MD 21201. A two-day event of entrepreneurs, investors, academics, students, enterprises and government officials from across the nation and globe will convene in Maryland—the nation’s epicenter for cybersecurity. Network with nationally known speakers and entrepreneurs, join flash talks and pitch forums, attend sessions on commercialization and product ventures and Job Fair. Registration also includes National Cyber Security Hall of Fame Awards Dinner and MaryLand of Opportunity Night. Please visit www.cybermaryland.org Send inquiries to liz@fbcinc.com or (800) 878-2940

> Senior Analyst - Consumer Services US

Current Analysis is seeking to recruit a Senior Analyst to join the Consumer Services US team contributing to Current Analysis' existing capabilities and coverage in the US mobile, fixed and converged providers of consumer’s services. The ideal candidate will have exceptional knowledge of the key US wireless players, service portfolios and strategies, with strong knowledge in the following areas: Mobile data, WiFi calling, carrier-OTT partnerships, the MVNO competitive landscape and emerging innovation in the areas of carrier-branded VAS. Qualified candidates should have relevant market knowledge as well as a proven ability to analyze companies their services portfolios and corporate marketing positions. 5+ years professional experience as an analyst, technical writer, journalist, marketing or product management in IT, telecoms or related fields. Experience in tracking and analyzing Consumer Services in the US. Proven written, verbal and interpersonal skills in English required. Proven public event and/or sales presentation experience. Effective prioritization and time management skills. Able to work independently from home office and travel moderately within the US. Bachelor’s Degree required. Current Analysis offers competitive compensation packages and benefits including medical, dental, vision and 401(k). We are an Equal Employment Opportunity organization. To learn more about Current Analysis, please visit us at www.currentanalysis.com Send resumes to ieppolito@currentanalysis.com

> Human Services Agency IT Director - City and County of San Francisco

Seeking dynamic leader to manage $22.5 million division budget and staff of 75. An exciting civil service career opportunity to match system management expertise to improve client’s quality of life and customer experience through technology. Bachelor’s degree plus 7 years of increasingly responsible experience with at least 3 years of management experience is required. Salary range up to $174,382 plus outstanding benefits and retirement. Detailed brochure available at www.ralphandersen.com Confidential inquires welcomed to Robert Burg at (916) 630-4900. Apply online at http://www.jobaps.com/SF/sup/bulpreview.asp?R1=PBT&R2=0942&R3=063112

> EnMasse Design - Bay Area Product Design Studio

Founded in 2002, EnMasse Design is a design studio specializing in industrial design, mechanical engineering, product development and user interface design. We have experience in designing a range of products from small hand held devices to large systems. We're located in Mountain View. Industrial design / innovation / mechanical engineering / user interface design / human factors and ergonomics / injection molding / snap fits / sheetmetal / castings / machined components / formed plastics / class A surfaces / Solidworks / mechanisms / GD&T / system engineering / Dfx / analyses / electrical engineering/Medical / biotech / consumer / telecom / industrial. Send inquires to Jeff Gamelsky, Principal; jeff@enmassedesign.com; www.enmassedesign.com Phone:(650)303-1782

> Don't Miss - Bay Area Tech Wire Advertising

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