Friday, November 14, 2014

Bay Area Tech Wire -- Nov. 14

BAY AREA TECH WIRE -- Nov. 14, 2014
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Shares of San Francisco-Based Fibro Spike 22% in Market Debut
San Jose-Based GigOptix Withdraws Offer for GSI Technology
San Francisco-Based Boku Names New Chief Business Officer and CFO
Report: Nearly 8 in 10 Americans Have Access to High-Speed Internet
Briefly Noted: Lookout. Load DynamiX


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

--Chief Information Officer - Washoe County, Nevada
IT Services Department Manager, Turlock Irrigation District
--Senior Manager, External Reporting - Mode Media, Brisbane CA
Senior Analyst - Consumer Services US
--Human Services Agency IT Director - City and County of San Francisco
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o Shares of San Francisco-Based Fibro Spike 22% in Market Debut

San Francisco -- Shares of San Francisco-based FibroGen soared 22% on their first day of trading Friday, hours after the biotechnology firm raised $145.8 million in its initial public offering (IPO). The company late Thursday priced 8.1 million shares at $18 each. Its shares are now trading on the NASDAQ Global Select Market under the ticker symbol "FGEN." FibroGen focuses on developing drugs to treat anemia, fibrosis, cancer and other serious unmet medical needs. The company's lead product, called Roxadustat, is currently in clinical development for the treatment of anemia in chronic kidney disease patients. 

o San Jose-Based GigOptix Withdraws Offer for GSI Technology

San Jose, Calif. -- GigOptix, a San Jose-based supplier of semiconductor and optical communications components, on Friday withdrew its offer to acquire Sunnyvale-based GSI Technology, a developer of memory chips. GigOptix first proposed the acquisition in a letter to GSI's board in August, and was offering $6.50 a share in cash and stock. "We were disappointed that… our offer was dismissed without giving us the opportunity to discuss its merits directly with their board of directors," said Avi Katz, the chairman and CEO of GigOptix. "While we have continued to wait patiently, GSI Technology's board of directors has had almost three months to consider whether to engage in discussions and permit us to conduct due diligence."  

o San Francisco-Based Boku Names New Chief Business Officer and CFO

San Francisco -- Boku, a San Francisco-based developer of payments technology that allows consumers to charge purchases to their mobile phone bills, on Friday named mopay co-founders Ingo Lippert and Christian Hinrichs as its new chief business officer and CFO, respectively. The news follows Boku's recent acquisition of mopay. Lippert succeeds former Boku CEO Jon Prideaux. 

o Report: Nearly 8 in 10 Americans Have Access to High-Speed Internet

Washington, DC -- An estimated 78.1% of people in U.S. households had a high-speed Internet connection last year, according to a new report from the U.S. Census Bureau. But while most Americans have access to computers and high-speed connections, differences in broadband use were as large as 25% between certain age and race groups, while divides between specific income and educational attainment groups were as large as 45%. Among the nation's metro areas, Boulder, Colo., had one of the highest rates of high-speed Internet use at 96.9, while Laredo, Texas, had one of the lowest rates at 69.3 percent. "In the past we've only been able to look at computer and Internet use patterns down to the state level, but with this new research we can actually start to understand what's happening in American cities," said Thom File, a Census Bureau sociologist and the report's author. "As computing technologies continue to evolve and become more central in American life, it's increasingly important to understand where disparities and divides exist across the country." In the Bay Area, for instance, residents of Napa, San Francisco and San Jose had rates of computer and high-speed Internet use well above the national average, while metro areas in the nearby Central Valley -- including Bakersfield, Fresno and Hanford -- had significantly lower numbers. (PDF)

o Briefly Noted:

(San Francisco) San Francisco-based Lookout, a developer of mobile security tools, on Friday named Aaron Cockerill as its vice president of enterprise product and David Helfer as its vice president of worldwide channel development. Cockerill most recently worked for Citrix Systems, while Helfer previously spent 14 years with Juniper Networks. 

(Santa Clara, Calif.) Santa Clara-based Load DynamiX, a developer of storage infrastructure performance validation tools, on Friday named Tim Van Ash as its vice president of product management. Van Ash most recently was the vice president of product management for CA's application performance management portfolio.

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> Chief Information Officer - Washoe County, Nevada

Reporting to the Assistant County Manager, the CIO will oversee the day-to-day operations of the Technology Services Department and provide guidance and support to the Information Technology Advisory Committee. As the Department Director, the CIO will oversee a staff of 75 employees in deploying, utilizing, and leveraging information technology to enhance productivity, broaden the capabilities, and reduce the operating costs of Washoe County government. A Bachelor’s degree and 10 years of progressively responsible management experience managing IT services is required. Salary range is $109,886 to $142,834 DOQ plus excellent executive benefits. Detailed brochure available at Confidential inquiries to (916) 630-4900. Send cover letter, resume, and current compensation to  prior to December 5, 2014.

> 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 This position is open until filled; First review of resumes will begin 12/5/14. Detailed brochure available at Confidential inquires to Robert Burg at 916/630-4900.

> 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:

> 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 Send resumes to

> 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 Confidential inquires welcomed to Robert Burg at (916) 630-4900. Apply online at

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