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BAY AREA TECH WIRE -- Dec. 18, 2014
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Sponsor: Squaw Valley Plan your next meeting at Squaw Valley
o Sunnyvale-Based Quanergy Systems Raises $30 Million in First Round
o Zoosk Makes Major Management Changes, Delays Plans for IPO
o San Francisco-Based First Opinion Lands $6 Million in First Round
o Government Sues Sprint for Billing Unauthorized Charges to Customers
o Online Spending Tops $1B Each Weekday for Second Straight Week
o Briefly Noted: NetSuite, RAPT Touch, Equinix
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Plan Your Next Meeting at Squaw Valley
--Software Developer - Falls Church, Virginia
--Intellectual Property Services/Patent Applications Drafted
--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 Sunnyvale-Based Quanergy Systems Raises $30 Million in First Round
Sunnyvale, Calif. -- Quanergy Systems, a Sunnyvale-based developer of sensors and software used in advanced driver assistance systems, said on Thursday it has raised $30 million in its first round of funding, led by Rising Tide Fund. Wicklow Capital, Motus Ventures, Wardenclyffe Partners (established by founders of Tesla Motors) and private investors also took part in the round, which increases the company's total funding to $34.5 million. Quanergy said it will use the funds to accelerate the development and commercialization of its 3D LiDAR (light detection and ranging) products, which it said can be integrated with vehicle controls to make possible semi-autonomous and autonomous driving, and a 90% reduction in motor vehicle accidents. http://www.quanergy.com
http://www.businesswire.com/news/home/20141218005057/en/Quanergy-Systems-Raises-30-Million-Series-Funding#.VJLyEdLF_ng
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o Zoosk Makes Major Management Changes, Delays Plans for IPO
San Francisco -- Zoosk, the San Francisco-based operator of an online dating platform, has named Kelly Steckelberg as its new CEO. Steckelberg, previously the company's CFO and COO, succeeds co-founder Shayan Zadeh, who will remain on the board of directors. In addition Alex Mehr, the company's president and co-founder, also will step down, but remain board members. "While this was an extremely difficult decision, Alex and I agreed that this was the right inflection point for Zoosk to carry out the long-planned transition from a founder-led company to a professionally-led company," said Zadeh. In connection with the moves, Zoosk also said it will delay its plans to go public, a decision it expects to reevaluate in the coming months. The company had filed in April to raise up to $100 million in its IPO.
https://www.zoosk.com/
https://about.zoosk.com/en/press-releases/zoosk-announces-management-changes/
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o San Francisco-Based First Opinion Lands $6 Million in First Round
San Francisco -- First Opinion, the San Francisco-based developer of a mobile app that provides remote personal health consultations from physicians, said on Thursday it has landed $6 million in its first round of funding. Polaris Partners led the round, which also included participation from previous backers True Ventures, Felicis Ventures, Scrum Ventures and Monashees Capital. First Opinion offers users 24-hour access to trained physicians via text messaging. Users are able to text health-related questions, as well as photos, to a doctor in the company's network and receive a response within 5 minutes. Users are paired with a primary doctor, who helps them determine if a trip to the doctor's office is actually needed. Over the past year, approximately 100,000 healthcare consultations have been conducted using the app. McKay Thomas, the co-founder and CEO of First Opinion, said the company will use the funds to "expand our network of doctors, grow internal infrastructures and focus on fine tuning our simple but proven approach to resolving complex healthcare issues." The company also previously raised $2.6 million in seed funding.
http://www.firstopinionapp.com
http://www.businesswire.com/news/home/20141218005175/en/Opinion-Raises-6-Million-Increase-Round-the-clock-Doctor#.VJL0y9LF_ng
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o Government Sues Sprint for Billing Unauthorized Charges to Customers
Washington, DC -- The federal government is suing wireless carrier Sprint for allegedly billing customers tens of millions of dollars in unauthorized third-party charges. The suit, filed by the Consumer Financial Protection Bureau (CFPB), claims the company allowed third parties to "cram" unauthorized charges -- for services like ringtones, wallpapers and text message subscriptions -- onto mobile-phone bills, ignoring customer complaints. "Consumers ended up paying tens of millions of dollars in unauthorized charges, even though many of them had no idea that third parties could even place charges on their bills," said Richard Cordray, director of the CFPB. The suit seeks refunds for affected consumers, as well as unspecified penalties. Another wireless carrier, AT&T Mobility, in October agreed to pay $105 million to settle similar allegations.
http://files.consumerfinance.gov/f/201412_cfpb_cfpb-v-sprint-complaint.pdf (Complaint)
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o Online Spending Tops $1B Each Weekday for Second Straight Week
Reston, Va. -- For the first time in history, Americans have spent at least $1 billion on e-commerce sales each weekday for two straight weeks, according to new figures from comScore. The most recent week, beginning with Green Monday (Dec. 8), took in $8.6 billion in online sales, up 12% from the same period year ago. "Despite a slight deceleration in growth rates during this past week, we still observed strong spending in total with five more days surpassing $1 billion in sales to bring us to 14 for the holiday season to date," said Gian Fulgoni, the chairman emeritus of comScore. "While it's not uncommon for the week after Cyber Week to experience a relative lull… it is encouraging that the 15% spending growth rate for the season-to-date remains slightly above our forecast of 14% for the season as a whole." Fulgoni said his firm expects to see one last surge in online buying leading up to Free Shipping Day on Dec. 18.
http://www.comscore.com/Insights/Press-Releases/2014/12/Second-Consecutive-Week-Featuring-Five-Billion-Dollar-Weekdays-of-Online-Desktop-Spending-Reaffirms-Strong-Holiday-Season
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Plan your next meeting at Squaw Valley
Choose from a variety of venues from the base to the mountaintop
o Add lodging at the conveniently located Village at Squaw Valley
o Newly upgraded meeting spaces and suite style rooms
o Complete event planning, A/V and banquet services
o A variety of four season activities, from hiking to skiing
o Lake Tahoe’s most complete and scenic venues
o Discounted group tram, hotel, and lift ticket options
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_____________________________________________o Briefly Noted:
(San Mateo, Calif.) San Mateo-based NetSuite, the developer of cloud-based financial and enterprise resource planning software, on Thursday named Fred Studer as its CMO. Studer previously spent seven years at Microsoft, where he most recently led product marketing, go-to-market strategy and execution for Microsoft Dynamics CRM.
http://www.netsuite.com/portal/company/pressreleases/12-18-14.shtml
(San Mateo, Calif.) Ireland-based RAPT Touch, a developer of alternative multi-touch systems with U.S. offices in San Mateo, said on Thursday it has raised $7 million in its second round of funding from new and previous backers. In conjunction with the round, the company also named Cathal Phelan as its president and CEO. Phelan most recently was executive vice president of Cypress' consumer and computation division.
http://www.rapttouch.com/about-rapt/news/pressrelease-112013-2/#static
(Redwood City, Calif.) Redwood City-based Equinix, an owner and operator of data centers, said on Thursday it has closed a new $1.5 billion five-year credit facility with 11 financial institutions. The facility consists of a $1 billion senior secured revolving credit facility and a $500 million senior secured term loan. Equinix borrowed the full amount of the $500 million term loan facility at closing.
http://www.equinix.com
http://www.prnewswire.com/news-releases/equinix-completes-15-billion-senior-credit-facility-300012213.html
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Job/Event/Marketplace Listings:
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To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
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> Plan your next meeting at Squaw Valley
Choose from a variety of venues from the base to the mountaintop. Add lodging at the conveniently located Village at Squaw Valley; Newly upgraded meeting spaces and suite style rooms; Complete event planning, A/V and banquet services; A variety of four season activities, from hiking to skiing; Lake Tahoe’s most complete and scenic venues, and Discounted group tram, hotel, and lift ticket options.For more information, click here
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> Software Developer - Falls Church, Virginia
THE CENTECH GROUP, Inc. (CENTECH) is seeking a talented Senior Software Developer with in-depth full lifecycle software development experience to support internal application development efforts in Falls Church, VA. As a part of our development team, this member will interface with business stakeholders to perform business requirements elicitation and analysis; execute the development of approved designs and work packages; perform complex system builds and deployments; perform unit testing and provide post deployment management. Required skills: C#, ASP. NET, .NET Framework, Web Forms/Services, SQL Server, Javascript, JQuery, TFS, Source Safe, Stored Procedures, DB administration, and some SP preferred. Send resumes to: developers@centechgroup.com and reference this Tech Wire job posting. EOE/M/F/D/V
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> Intellectual Property Services/Patent Applications Drafted
I provide a wide range of services relating to intellectual property protection including patents, trademarks, copyrights and trade secrets. I am a registered patent attorney with over 20 years experience. I charge a flat fee of $3600.00 (excluding government filing and drafting fees) to prepare a utility patent application for filing with the US Patent & Trademark Office in both the mechanical and electrical technology areas. Sample patents drafted include: 6,134,944; 6,158,244; 6,225,635; 6,226,346; 6,417,754; 6,490,469; 6,515,737; and 6,850,920. I am located in San Jose. If you are interested, I can send you my terms in more detail. Please contact me at prestonianpatents@gmail.com
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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 www.ralphandersen.com Confidential inquiries to (916) 630-4900. Send cover letter, resume, and current compensation to apply@ralphandersen.com prior to December 5, 2014.
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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.
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> 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
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> 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
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> 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
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