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BAY AREA TECH WIRE -- March 13, 2015
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To subscribe: www.bayareatechwire.com
o Mountain View-Based NetBase Raises $24 Million in Fifth Round
o San Jose-Based Cypress Semiconductor Merges with Spansion
o San Francisco-Based Webgility Raises $2.5 Million in New Funding
o San Francisco-Based OpenDNS Acquires BGPmon
o Report: Fear of Successful Cyberattacks at All-Time High
o Briefly Noted: ReVera - Nova Measuring Instruments, TechServe Alliance
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Sales Operations Manager - FirstFuel Software (Massachusetts)
--Business Development Representative - FirstFuel Software (Massachusetts)
--Associate - North Atlantic Capital - Portland, ME
--Principal Analysts, Enterprise Security
--Intellectual Property Services/Patent Applications Drafted
Ad Descriptions Below Briefly Noted Section
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o Mountain View-Based NetBase Raises $24 Million in Fifth Round
Mountain View, Calif. -- NetBase, the Mountain View-based developer of a social media analytics platform, said on Friday it has raised $24 million in its fifth round of funding, led by new investor Spring Lake Equity Partners. Previous backers Thomvest Ventures, Altos Ventures and WestSummit Capital also took part in the round, which comes just eight months after the company closed its previous round. NetBase's platform is designed to process billions of social media posts daily to give clients insights on areas such as marketing, sales and public relations. Clients include AMC Networks, American Airlines, Arby's, Coca-Cola, Kenneth Cole, Ogilvy, SAP, Taco Bell, Walmart and YUM! Brands. The company said it will use the newest funding to accelerate its market position within the core listening and analytics space, as well as bolster product development activities and expand globally.
http://www.netbase.com
http://www.businesswire.com/news/home/20150312006379/en/NetBase-Lands-Additional-24M-Series-Funding#.VQK_pXzF_ng
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o San Jose-Based Cypress Semiconductor Merges with Spansion
San Jose, Calif. -- Cypress Semiconductor, a San Jose-based developer of semiconductors for a range of embedded systems, said it has completed its merger with Sunnyvale-based Spansion, a developer of Flash memory, microcontrollers, mixed-signal and analog products. The all-stock deal, valued at approximately $5 billion, was first announced in early December. T.J. Rodgers, the president and CEO of Cypress, said the merger will "significantly extend its penetration of global markets such as automotive, industrial, consumer, wearable electronics and the Internet of Things." Under the agreement, Spansion shareholders will receive nearly 2.5 shares Cypress stock for each share they now own. Rodgers said that the combined company will be the No. 3 chip supplier worldwide of memories and microcontrollers.
http://www.cypress.com/
http://www.spansion.com
http://www.cypress.com/?rID=109103
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o San Francisco-Based Webgility Raises $2.5 Million in New Funding
San Francisco -- Webgility, a developer of e-commerce accounting integration software for small- and medium-sized businesses, said it has landed $2.5 million in a new round of funding from SaaS Capital. The company plans to use the proceeds to increase headcount, ramp up product development and expand into new vertical markets. "This is our first institutional investment and although we received several outside funding offers, we knew SaaS Capital was the best fit for us at this stage," said founder and CEO Parag Mamnani. Webgility, which has bootstrapped since launching in 2007, is focused on helping online sellers to automate their accounting. The company's products are designed to integrate financial data from any cloud application with accounting software. Webgility currently integrates with more than 40 e-commerce platforms.
http://www.webgility.com
http://www.businesswire.com/news/home/20150312005019/en/Webgility-Raises-2.5M-Growth-Funding-SaaS-Capital#.VQHRpHzF_ng
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o San Francisco-Based OpenDNS Acquires BGPmon
San Francisco -- OpenDNS, a San Francisco-based provider of cloud-delivered security services, said it has acquired Vancouver-based BGPmon, a provider of network and routing monitoring services based on the Border Gateway Protocol (BGP). Financial terms of the deal were not disclosed. OpenDNS said the acquisition will expand its security research capabilities and allow the company to offer customers broader protection against cybersecurity threats. "Network attacks are becoming more sophisticated everyday and companies need to prepare for the fact that unexpected parts of their internet infrastructure will be targeted," said David Ulevitch, the founder and CEO of OpenDNS. "BGPmon has built a service that helps the largest companies, networks, and services on the Internet better understand traffic changes and maintain a stronger security posture."
http://www.opendns.com
http://www.bgpmon.net/
http://www.businesswire.com/news/home/20150312005178/en/OpenDNS-Acquires-BGPmon#.VQLrY3zF_ng
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o Report: Fear of Successful Cyberattacks at All-Time High
Annapolis, Md. -- For the first time, a majority of IT security decision makers now believe their networks will successfully be attacked in the coming year, according to a new report by CyberEdge Group. All told, 52% of the 800 respondents surveyed believe a successful cyberattack is in the cards in 2015, up from 39% a year ago. And more than 70% of respondents said their networks were breached in 2014, up 8% from the previous year, with 22% of them victimized six or more times. "Cyberthreats hit an all time high in 2014, in terms of not only the number of breaches but their impact on all aspects of business," said Steve Piper, the CEO of CyberEdge Group. "For the first time in our research, a majority of participants predict their networks will become compromised in 2015." Among 10 designated categories of cyberthreats, phishing/spear-phishing, malware and zero-day attacks are perceived as posing the greatest risk, with denial of service attacks, watering hole attacks and drive-by downloads of the least concern.
http://www.cyber-edge.com/
http://www.businesswire.com/news/home/20150311005119/en/Cyberattacks-Rise-Confidence-Sinks-Finds-%E2%80%982015-Cyberthreat#.VQBvxXzF_ng
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o Briefly Noted:
(Santa Clara, Calif.) Santa Clara-based materials metrology company ReVera said it will be acquired by Israel-based Nova Measuring Instruments, a provider of optical metrology systems for advanced process control used in semiconductor manufacturing, for $46.5 million in cash. The deal is expected to close in mid-April.
http://www.revera.com
http://ir.novameasuring.com/Assets/Docs/Nova%2011.03.2015%20Nova%20%20to%20Acquire%20ReVera%20eng.pdf (PDF)
(Alexandria, Va.) U.S. information technology employment continued to see strong gains in February, according to new figures from the TechServe Alliance, a national trade association for the IT and engineering staffing industry. The organization said the number of IT jobs grew 0.4% sequentially last month to 4.86 million, and now has grown 4.5% in the past year, adding 210,200 IT workers. Engineering job growth also increased 0.2% to 2.5 million.
http://www.techservealliance.org/pressroom/documents/IndexReleaseMarch2015.pdf (PDF)
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Job/Event/Marketplace Listings:
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> Sales Operations Manager - FirstFuel Software - Massachusetts
FirstFuel is looking for an experienced and diligent self-starter to lead FirstFuel's Sales Operations group. As manager, you will be responsible for directly supporting the Field Sales Team and supervising a lean team of talented individuals to manage sales systems and processes, customer proposals and sales training. The Sales Operations Manager will directly report to FirstFuel's SVP of Global Sales & Business Development and will work cross-functionally with Marketing, Regulatory, Product Management and Customer Solutions to help drive continued company success and rapid growth. For more information or to apply, click here.
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> Business Development Representative - FirstFuel Software - Massachusetts
Our Lead Generation Representative thrives in a fast-paced environment and is accountable for identifying and qualifying new business opportunities for the sales team. He/she enjoys prospecting and is skilled at qualifying new customer opportunities. He/she is capable of challenging a prospect’s existing business practices, introducing and aligning FirstFuel’s products, solutions, and service. You will be driving initial discovery calls to confirm a business need. For more information or to apply, click here.
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> Associate - North Atlantic Capital - Portland, ME
Portland, Maine based North Atlantic Capital is seeking an Associate to play a crucial role in executing our investment strategy by researching promising technology market segments and proactively reaching out to the CEOs and CFOs of leading private companies within those market segments. He or she will also participate in all phases of investment process including: due diligence, meetings with management, focused company and industry research, financial modeling and writing investment recommendations. All candidates considered must have: 2-4 years work experience, investment banking or corporate development experience, experience working with or strong affinity for technology companies and an exceptional educational background. Send resumes to: haley@northatlanticcapital.com
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> Principal Analysts, Enterprise Security
Current Analysis, a Progressive Digital Media company, is seeking a Principal Analyst to work in our Enterprise Security group with expertise spanning secure messaging, data security and governance, firewall/VPN and intrusion prevention and detection. Of particular importance is the ability to view security broadly and speak to its impact upon the entire IT technology landscape such as mobility, data center, application development, big data, and collaboration. Qualified candidate should have the ability to identify market trends and weigh the relative strengths and weaknesses of companies and products while delivering high quality analysis under tight deadlines. The goal is to deliver intelligence that alerts and helps sales professionals respond to competitive threats and opportunities, and gives end users insight into the strengths and weaknesses of competing products/strategies. Companies covered include, but are not limited to CA, Checkpoint, Cisco, EMC/RSA, IBM/ISS, Juniper, McAfee, Microsoft, Symantec, and Trend Micro. Send resumes to ieppolito@currentanalysis.com. For more information about the position, go to: http://currentanalysis.com/about/careers.asp
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> Intellectual Property Services/Patent Applications Drafted
ROARK IP (www.roarkip.com) 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 roarkintellectualproperty@gmail.com.
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