| ============================================
BAY AREA TECH WIRE -- Jan. 16, 2015
============================================
Sponsored By: Squaw Valley - Free Lift Tickets When You Join the Corporate Program
Click Here For Info
o Burlingame-Based Tandem Raises $100 Million for Third Fund
o Report: San Francisco-Based Zoosk Cuts 15% of Staff
o Venture Capital Bounces Back in Bay Area During Q4
o S.F.-Based GI Partners Completes Acquisition of Logibec
o IT and Engineering Employment Continue Steady Climb in December
> Join the Squaw Valley | Alpine Meadows Corporate Program
o Briefly Noted: UC Berkeley Extension
_____________________________________________
> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Intellectual Property Services/Patent Applications Drafted
--Do Your Employees Think Like Owners? 10 Tips for Building an Entrepreneurial Culture
--Free Lift Tickets When You Join the Corporate Program
--Software Developer - Falls Church, Virginia
Ad Descriptions Below Briefly Noted Section
Post Job/Event/Marketplace ad: http://www.bayareatechwire.com
_____________________________________________
o Burlingame-Based Tandem Raises $100 Million for Third Fund
Burlingame, Calif. -- Tandem, a mobile accelerator based in Burlingame, said it has raised $100 million for its third investment fund, known as Tandem Fund III. The amount triples the size of the organization's previous fund. Tandem said it will continue to work with founders to launch their businesses and raise outside funding within six months. "What's new is that Tandem Fund III enables us to partner with startups beyond the acceleration phase and through their entire growth trajectory," the firm said. Startups accepted into Tandem's program begin with a $200,000 initial investment, and can receive as much as $10 million from the fund over time. In addition, Tandem said it expanded the scope of its mobile acceleration program to include startups working on Internet of Things and connected devices.
https://tandemcap.com/2015/01/15/tandem-completes-new-100-million-investment-fund/
_____________________________________________
o Report: San Francisco-Based Zoosk Cuts 15% of Staff
San Francisco -- A month after delaying plans for its initial public offering (IPO) and announcing top management changes, San Francisco-based Zoosk, the operator of an online dating platform, has cut 15% of its staff, TechCrunch reported. The moves, which account for roughly 25 employees, reportedly are part of a larger effort to trim expenses, and follow a tumultuous period for the company. Zoosk, which claims to have 29 million members, filed last April to raise up to $100 million in its IPO, but delayed those plans last month because of market conditions. The company said it plans to reevaluate its IPO plans in the coming months. Co-founders Shayan Zadeh and Alex Mehr also stepped back from their day-to-day roles, with CFO Kelly Steckelberg stepping up to the role of CEO.
https://www.zoosk.com/
http://techcrunch.com/2015/01/15/dating-service-zoosk-lays-off-15-of-staff-company-confirms/
_____________________________________________
o Venture Capital Bounces Back in Bay Area During Q4
San Francisco -- Venture capital investments in Bay Area companies bounced back in the fourth quarter, posting their second highest largest since 2000, according to the latest MoneyTree Report from PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA). All told, investors sank $6.3 billion into the area last quarter, up more than $1.8 billion from the third quarter and up 84% from the same period in 2013. It also marked the second highest quarterly total for the area -- behind only the second quarter of last year -- since the fourth quarter of 2000. The complete report is available at the link below.
http://www.nvca.org/index.php?option=com_content&view=article&id=78:latest-industry-statistics&catid=40:research&Itemid=102
_____________________________________________
o S.F.-Based GI Partners Completes Acquisition of Logibec
San Francisco -- GI Partners, a San Francisco-based private equity firm, said on Friday it has completed its acquisition of Canadian health IT company Logibec. Financial terms of the deal were not disclosed. Logibec, which has approximately 300 employees, specializes in clinical and administrative information systems. "We strongly believe in the company's recurring revenue model, providing solid downside protection for our investment, coupled with the company's clear growth potential," said GI vice president Dave Kreter, at the time of the announcement last month. "We will pursue various strategic initiatives to unlock that potential, such as introducing new product lines, expanding into new geographies and executing add-on acquisitions."
http://www.logibec.com
http://www.gipartners.com
http://www.prnewswire.com/news-releases/gi-partners-completes-acquisition-of-logibec-300021637.html
_____________________________________________
o IT and Engineering Employment Continue Steady Climb in December
Alexandria, Va. -- The number of U.S. information technology jobs continued its slow but steady climb in December, according to new figures from the TechServe Alliance, a national trade association for the IT and engineering staffing industry. All told, IT employment grow 0.1% sequentially to just over 4.7 million, with the industry adding 139,400 workers over the past year. Engineering jobs also increased 0.1% to 2.5 million. "With December's positive numbers, we have now had 57 consecutive months of IT growth," said Mark Roberts, CEO of the TechServe Alliance. "From all the data we see as well as the front-line reports of my member companies, 2015 promises to be a strong year for IT and engineering employment growth."
http://www.techservealliance.org/pressroom/documents/IndexReleaseJanuary2015.pdf (PDF)
_____________________________________________
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Join the Squaw Valley | Alpine Meadows Corporate Program
o Low rates and no blackout dates
o Earn complimentary lift tickets
o Risk-free. Refunds on unused tickets with a purchase of 50
o Discounts on lodging
More info or contact Jackie Worthingham by clicking here
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
_____________________________________________
o Briefly Noted:
(Berkeley, Calif.) UC Berkeley Extension said it has launched three online integrated circuit semiconductor technology programs for professionals in varying stages of their technology careers. More information about the school's Professional Sequence in Semiconductor Technology Fundamentals, Certificate Program in Semiconductor IC Design and Professional Sequence in Innovation Leadership for Technical Professionals programs is available at the link below.
http://extension.berkeley.edu/static/icprograms/
===================================================
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
> Intellectual Property Services/Patent Applications Drafted
ROARK IP (www.roarkip.com) provides a wide range of services relating to intellectual property protection including patents, trademarks, copyrights, trade secrets and licensing. We charge $3600.00 (excluding government filing and drafting fees) to prepare a utility patent application for filing with the US Patent & Trademark Office in 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. Flat fee, no surprise billing offered. We are located in San Jose. If you are interested, please contact us at email@roarkip.com.
____________________________________________
> Do Your Employees Think Like Owners? 10 Tips for Building an Entrepreneurial Culture
The only way to survive today’s turbulent marketplace is with the help of engaged and empowered employees. We explain how to build an entrepreneurial culture where your employees can truly thrive. http://fairfaxcountyeda.org/bay-area-tech-wire
____________________________________________
> Join the Squaw Valley | Alpine Meadows Corporate Program
Low rates and no blackout dates. Earn complimentary lift tickets. Risk-free. Refunds on unused tickets with a purchase of 50. Discounts on lodging. More info or contact Jackie Worthingham by clicking here
____________________________________________
> 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
____________________________________________
> Don't Miss - Bay Area Tech Wire Advertising
Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and grow your business. Reach more than 6,000 business and technology professionals from the Bay Area. http://www.bayareatechwire.com/EventForm.html
===================================================
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
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. 2015 |  |
No comments:
Post a Comment