Bay Area Tech Wire -- Jan. 5

============================================ BAY AREA TECH WIRE -- Jan. 5, 2015 ============================================ To Subscribe: www.bayareatechwire.com o San Francisco-Based Scribd Raises $22 Million in New Funding o S.F.-Based Symic Biomedical Lands $15 Million in First Round o Los Altos-Based Beepi Raises $12.7 Million for Online Car Marketplace o San Francisco-Based Thoma Bravo Sells Tripwire for $710 Million o Global Semiconductor Sales Grow 9.1% in November o Briefly Noted: Autonet Mobile, Cepheid, CytomX _____________________________________________ > Job/Event/Marketplace Classified Listings (Full Listings Below Stories) --Plan Your Next Meeting at Squaw Valley --Software Developer - Falls Church, Virginia Ad Descriptions Below Briefly Noted Section Post Job/Event/Marketplace ad: http://www.bayareatechwire.com _____________________________________________ o San Francisco-Based Scribd Raises $22 Million in New Funding San Francisco -- Scribd, the San Francisco-based operator of a subscription e-book service, said on Monday it has raised $22 million in a new round of funding led by Khosla Ventures. Previous backers Redpoint Ventures, Charles River Ventures and Silicon Valley Bank also participated in the round, which increases the company's total funding to $48 million since its launch in 2007. The company said it will use the proceeds to accelerate its hiring, content acquisition and international expansion activities. Scribd currently has more than 80 million monthly readers accessing its e-books, audio books and documents. Keith Rabois, a partner at Khosla, will join the company's board as an observer. http://www.scribd.com  http://www.prnewswire.com/news-releases/scribd-raises-22-million-funding-round-to-expand-its-book-subscription-service-300015481.html  _____________________________________________ o S.F.-Based Symic Biomedical Lands $15 Million in First Round San Francisco -- Symic Biomedical, a San Francisco-based biotechnology startup developing a new category of therapeutics to treat diseases, said on Monday it has secured $15 million in its first round of funding. Lilly Ventures led the round, which also included participation from Den Danske Forskningsfond (Denmark), Mitsui Global Investment (Japan), Ally Bridge Group (Hong Kong) and InCube Ventures, as well as Purdue Foundry Investment Fund, Mission Bay Capital, QB3 Partners and other individual investors. The company will use the funds to continue development of its therapeutics, as well as advance its two lead programs into clinical trials. http://www.symicbio.com http://www.symicbio.com/wp-content/uploads/Symic-Series-A-Jan-2015.pdf (PDF) _____________________________________________ o Los Altos-Based Beepi Raises $12.7 Million for Online Car Marketplace Los Altos, Calif. -- Beepi, the Los Altos-based developer of a peer-to-peer marketplace for buying and selling cars online, said it has raised $12.7 million in a new round of funding. Prominent investors included Digital Sky Technologies co-founder Yuri Milner and SAB Capital Management CEO and founder Scott Bommer. As part of the round, the company raised $2.7 million from 86 individuals in the largest-ever crowdfunding deal on AngelList. The news comes just three months after Beepi raised $60 million in its second round, co-led by Foundation Capital and SherpaVentures. The company's site allows consumers to buy or sell cars completely online in 140 U.S. cities. It receives more than 1,000 requests a week to sell cars from residents in the San Francisco Bay Area alone. http://www.beepi.com  http://www.businesswire.com/news/home/20141230005327/en/Beepi-Closes-Largest-Crowd-Funded-Investment-AngelList#.VKr8ddLF_ng  _____________________________________________ o San Francisco-Based Thoma Bravo Sells Tripwire for $710 Million San Francisco -- Thoma Bravo, a San Francisco-based private equity firm, said on Monday it has sold Tripwire, an Oregon-based developer of IT security tools, to Missouri-based Belden for $710 million in cash. Thoma Bravo acquired Tripwire in 2011, and the company has since grown its revenue by 70%. The companies first announced plans for the deal in early December. The two companies said they will work together to deliver new cybersecurity tools that can be deployed across enterprise, industrial and broadcast markets. http://www.thomabravo.com  http://www.tripwire.com/  http://www.belden.com  http://www.businesswire.com/news/home/20150105005630/en/Thoma-Bravo-Completes-Sale-Tripwire-Belden#.VKr2sdLF_ng  _____________________________________________ o Global Semiconductor Sales Grow 9.1% in November Washington, DC -- Worldwide sales of semiconductors reached $29.7 billion in November, up 9.1% from the same month in 2013, according to new figures from the Semiconductor Industry Association (SIA). "Sales through November have matched the total from all of 2013, assuring that the industry will achieve a new record for sales in 2014," said Brian Toohey, president and CEO of the SIA. "Demand remains strong across nearly all semiconductor product categories, and the Americas and Asia Pacific regional markets continue to post the most robust growth. Macroeconomic trends bode well for continued growth into 2015." http://www.semiconductors.org/news/2015/01/05/global_sales_report_2014/global _semiconductor_sales_in_november_outpace_2013_totals/  _____________________________________________ o Briefly Noted: (Santa Rosa, Calif.) Santa Rosa-based Autonet Mobile, a provider of Internet-based telematics and application services for vehicles, on Monday named Philip Hughes, as its president. Hughes is the former vice president of automotive sales and business development at Nvidia. He succeeds company co-founder Sterling Pratz, who will continues in an advisory role. http://www.autonetmobile.com  http://www.businesswire.com/news/home/20141229005042/en/NVIDIA-Executive-Philip-Hughes-Joins-Autonet-Mobile#.VKr_E9LF_ng  (Sunnyvale, Calif.) Sunnyvale-based molecular diagnostics company Cepheid said on Monday that CFO Andrew Miller will depart the company next month for a job with Massachusetts-based PTC. Daniel Madden, the company's vice president and corporate controller, will assume the role of principal financial and accounting officer until a new CFO is appointed. The company has launched a formal search that will consider both internal and external candidates. http://ir.cepheid.com/releasedetail.cfm?ReleaseID=889409  (South San Francisco) South San Francisco-based biotechnology firm CytomX, which is developing therapeutics for the treatment of cancer, on Monday named Michael Kavanaugh as its chief scientific officer and head of research and early development. Kavanaugh most recently was the senior vice president and chief scientific officer of Five Prime Therapeutics. In addition, the company has appointed Sridhar Viswanathan as its vice president of process sciences and manufacturing operations and Danielle Olander as its vice president of human resources. http://www.cytomx.com http://www.prnewswire.com/news-releases/cytomx-expands-leadership-team-with-addition-of-michael-kavanaugh-md-as-chief-scientific-officer-and-head-of-research-and-early-development-300015404.html =================================================== 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 > 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 ____________________________________________ > 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

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