Thursday, February 26, 2015

Bay Area Tech Wire -- Feb. 26

BAY AREA TECH WIRE -- Feb. 26, 2015
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San Francisco-Based Opendoor Raises $20 Million in Second Round
Palo Alto-Based Branch Metrics Raises $15 Million in First Round
Lyric Pharmaceuticals Secures $20.4 Million in First Round
FCC Passes Landmark Net Neutrality Rules
Danville-Based Trov Secures $6.5 Million in New Funding
San Francisco-Based Chefs Feed Lands $4 Million in First Round
Briefly Noted: Instapray, Vormetric, Searchmetrics


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

--Product Marketing Manager - FirstFuel Software - Massachusetts
--10 Difficult Coworkers and How to Cope With Them
Chief Information Security Officer (CISO) - San Francisco Airport (SFO)
--Senior Level DOT.NET Developer - Washington D.C. - Kennedy Center
--Intellectual Property Services/Patent Applications Drafted
--Manager, Marketing Websites -- Bloomberg BNA - Washington, DC
--Senior Software Developers - Falls Church, Va.

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o San Francisco-Based Opendoor Raises $20 Million in Second Round

San Francisco -- Opendoor, the San Francisco-based developer of a service that lets users sell their homes online, said on Thursday it has raised $20 million in its second round of funding, led by GGV Capital. Previous investor Khosla Ventures also participated in the round, which increased the company's total funding to $30 million. Glenn Solomon, a managing partner at GGV Capital, will join the company's board of directors. Opendoor allows homeowners to enter their address, submit some basic information receive an offer to buy their home within minutes. The process allows homeowners to close and receive funding in as little as three days. The company is currently purchasing at least a home each day in Phoenix, its first market, and is now preparing to expand into Portland, Ore. and Dallas.  

o Palo Alto-Based Branch Metrics Raises $15 Million in First Round

Palo Alto, Calif. -- Branch Metrics, a Palo Alto-based developer of mobile software focused on mobile linking, said on Thursday it has raised $15 million in its first round of funding, co-led by New Enterprise Associates (NEA) and angel investor Ben Narasin. Pejman Mar Ventures, Zach Coelius, Cowboy Ventures and TriplePoint Capital also too part in the round, which comes on the heels of the company's $2.75 million seed round that closed in September. The latest proceeds will be used for market expansion of Branch's mobile linking platform, which makes pages inside of mobile apps accessible immediately through the click of a link. Previously, these types of links would only work if the app was currently installed on the mobile device. Since the service was announced five months ago, there have been more than 20 million links to pages inside apps created across the company's network of app developers. The total number of links is expected to grow to greater than 100 million within the next three months. "As native application use is the preferred mobile experience, Branch links make the native app transitions much smoother for the end user and more like the familiar experience of web page transitions," said co-founder and CEO Alex Austin. 

o Lyric Pharmaceuticals Secures $20.4 Million in First Round

South San Francisco -- Lyric Pharmaceuticals, a South San Francisco-based pharmaceutical firm developing therapeutics for gastrointestinal disorders, said on Thursday it has landed $20.4 million in its first round of funding. RiverVest Venture Partners, Sante Ventures and Third Point Ventures co-led the round, which also included participation from Aperture Venture Partners. Lyric, which last year also closed an $825,000 seed round, said it will use the latest proceeds to perform two clinical studies, including a clinical proof of concept study. "We anticipate that our drug development candidate will meaningfully contribute to the care of patients suffering from gastrointestinal disease and offer a much needed new therapeutic option," said CEO David Wurtman. 

o FCC Passes Landmark Net Neutrality Rules

Washington, DC -- The Federal Communications Commission (FCC) on Thursday approved new net neutrality rules aimed at treating the Internet like a utility, prohibiting companies from being able to pay to have their websites placed into so-called fast lanes. At the same times, the rules keep Internet service providers from intentionally slowing sites from companies that refuse to pay. "The American people expect and deserve an Internet that is fast, fair, and open," said FCC Chairman Tom Wheeler. "Today they get what they deserve: strong, enforceable rules that will ensure the Internet remains open, now and in the future." 

o Danville-Based Trov Secures $6.5 Million in New Funding

Danville, Calif. -- Trov, the Danville-based developer of online digital lockers designed to help users organize, value and protect their belongings, said on Thursday it has landed $6.5 million in a new round of funding, increasing its total backing to $13.3 million. Switzerland-based Anthemis Group led the round. "With this capital, we can accelerate the development of technology that will help people take advantage of the information about their things, eventually connecting them to a whole new way to insure," said Scott Walchek, the founder and CEO of Trov. The company also has named Ken Rudin, the director of analytics at Facebook, and Sean Park, the founder of Anthemis Group, to its board of directors. Trov is currently in public beta and is available for free for iPhone users in the U.S. and Australia. An Android version is expected to be released later this quarter. 

o San Francisco-Based Chefs Feed Lands $4 Million in First Round

San Francisco -- Chefs Feed, the San Francisco-based developer of a food media and technology platform, said on Thursday it has raised $4 million in its first round of funding, led by ARTIS Ventures. Structure Capital, Haas Portman and Subtraction Capital also participated, along with individual investors. The company said it will use the proceeds to expand its development team, execute new outreach campaigns, extend to more cities and debut new products. Chefs Feed's platform is designed to help chefs and restaurateurs more directly transact with diners on mobile devices. "We're intent on being the antithesis of Yelp for restaurants and food discovery," said CEO Rich Maggiotto. "We want to help chefs and their restaurants regain the ability to shape the narrative supporting their brand and food." 

o Briefly Noted:

(San Francisco) San Francisco-based Instapray, developer of a mobile app and social network that allows users to share in crowd-sourced prayers, said it has surpassed the 30-million prayer mark. The company, founded by Stanford graduate Fryderyk Ovcaric and backed by Peter Thiel, allows member to post prayers and encouragement publicly or create private groups. They can also join more broad-based groups that focus on global issues concerning peace in the Middle East, victims of natural disasters or a cure for Ebola, for example. 

(San Jose, Calif.) San Jose-based Vormetric, a developer of encryption and key management technology, on Thursday named Roman Baudrit as its vice president of sales for Latin America. Baudrit most recently was HP's vice president of sales for enterprise security products in Latin America and the Caribbean. 

(San Jose, Calif.) San Mateo-based Searchmetrics, a developer of search and content optimization tools, on Thursday named Roy Satterthwaite as its senior vice president of sales for the Americas. Satterthwaite most recently led sales for Turn Inc., and previously held management positions at SAP and Opera Software, and served as an analyst at Gartner.

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> 10 Difficult Coworkers and How to Cope With Them

Getting along with coworkers mostly means minding your own business. However, there are some coworkers who need a little handling. It’s not difficult once you’ve spotted the behaviors. Here we describe 10 of the most difficult coworkers.


> Chief Information Security Officer (CISCO) - San Francisco Airport (SFO)

Applicants must have federal security clearance at the SECRET level or higher within the last ten years to apply. Requires background working with business stakeholder groups to develop and deliver an organization-wide cyber security agenda with a track record of assessing threats and vulnerabilities at an organizational level and delivering specific remediation actions and initiatives. Requires a unique blend of people skills and an uncanny ability to move swiftly to resolution in a fast-paced and complex environment. Bachelor’s degree required. Annual salary range is $132,626 to $169,260 plus outstanding benefits including retirement plan. Send resume and cover letter by February 27, 2015 to Details on requirements in full brochure at or contact Ms Heather Renschler or Mr. Greg Nelson at 916-630-4900.

> Senior Level DOT.NET Developer - Washington DC - Kennedy Center

The Kennedy Center Information Technology department provides and supports a variety of applications, systems and tools to staff, performers, patrons and other constituents to enable this mission to be accomplished. The senior .Net/Sharepoint developer will develop, maintain, enhance and support this set of solutions. Responsibilities Include: Provide software development, enhancement and support for complex .NET (primarily C#) based software used by the Kennedy Center, including Visual Studio 2010 and MVC applications both Windows and ASP.NET based. SQL Server 2008 R2 T-SQL database development ability is also a requirement. Responsibilities include providing business process analysis, custom software development and production system support. Experience: Five or more years of total IT lifecycle experience with three or more years mid-level, hands-on full lifecycle C#, or Java development in a business environment. Full requirements at link below. Experienced in multi-tiered application development. The position holder must be able to independently complete assignments on schedule as well as function as part of a larger team of developers, systems analysts, and business units. For more information and to submit resumes online, click here


> Intellectual Property Services/Patent Applications Drafted

ROARK IP ( provides a wide range of services relating to intellectual property 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

> Manager, Marketing Websites -- Bloomberg BNA - Washington, DC

Bloomberg BNA, a leading source of legal, regulatory, and business information for professionals, seeks a Manager of Marketing Websites to direct and manage the design, development, optimization, administration, and maintenance of the Bloomberg BNA corporate and internal websites. RESPONSIBILITIES: Lead the strategy, design, and development of marketing and internal websites. Proactively present new and innovative ways to optimize the performance. Ensure that all external sites are optimized for SEO. Manage the development and maintenance process for CMS and e-commerce platforms. REQUIREMENTS: 7 years' experience in developing and maintaining corporate and e-commerce web sites. Management level HTML, and CSS code aptitude; preferred experience with other scripting languages. Apply online by clicking here.

> Senior Software Developers - Falls Church, Va.

THE CENTECH GROUP, Inc. is seeking talented Senior Software Developers with extensive full lifecycle software development experience to support application development efforts in Washington, D.C. and our corporate office in Falls Church, VA. Candidates will be responsible for developing software and portal applications, interact with stakeholders and developers to perform business requirements, 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, Ajax, SOAP, JQuery. Some SP experience and knowledge of federal security guidelines. Must be U.S. government cleared/clearable. Present qualifications to and reference this PTW posting. EOE/M/F/Disabled/Vets


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