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BAY AREA TECH WIRE -- March 16, 2015
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Sponsored By: Fairfax County Economic Development Authority
http://fairfaxcountyeda.org/bay-area-tech-wire
o Palo Alto-Based Reltio Raises $10 Million, Launches Operations
o San Jose-Based HGST Completes Acquisition of Milpitas-Based Amplidata
o Santa Rosa-Based Ruthigen to Merge with Pulmatrix, Shift Focus
o San Francisco-Based Vector Capital Acquires Triton Digital
o San Francisco-Based Hart Hanks Acquires 3Q Digital
o Sunnyvale-Based Yahoo Launches On-Demand Passwords
o San Francisco's TransitScreen Lands $600,000 for Expansion
o Briefly Noted: Qatalyst Group, Openwave Messaging
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Do What You're Good At, Not What You Love: Real Talk for Today's Job Seekers.
--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 Palo Alto-Based Reltio Raises $10 Million, Launches Operations
Palo Alto, Calif. -- Reltio, a Palo Alto-based developer of enterprise data-driven applications, said on Monday it has launched operations after raising $10 million in its first round of funding. Crosslink Capital and .406 Ventures took part in the round, which comes as the company released its flagship offering, called Reltio Cloud. The company, which was founded by the team behind Informatica MDM (master data management), said its technology is designed to accelerate and improve the effectiveness of business decisions and operations through data-driven applications that are made for business users, not data scientists. Already profitable, Reltio said it will use the funding to accelerate product development, as well as expand sales and marketing activities.
http://www.reltio.com/
http://www.reltio.com/about/news/2015/3/reltio-seriesa-funding
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o San Jose-Based HGST Completes Acquisition of Milpitas-Based Amplidata
San Jose, Calif. -- HGST, the San Jose-based storage technology unit of Western Digital, said on Monday it has completed its acquisition of Milpitas-based Amplidata, a developer of object storage software for public and private cloud data centers. Financial terms of the deal, first announced earlier this month, were not disclosed. HGST previously had selected Amplidata as a joint development partner for its Active Archive platform. The company said the acquisition will help it expand into higher value data storage platforms.
http://www.hgst.com
http://www.amplidata.com/
http://www.prnewswire.com/news-releases/hgst-completes-acquisition-of-amplidata-300050524.html
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o Santa Rosa-Based Ruthigen to Merge with Pulmatrix, Shift Focus
Santa Rosa, Calif. -- Ruthigen, a Santa Rosa-based biopharmaceutical firm developing drugs to prevent and treat infections, said on Monday it will merge with Massachusetts-based clinical stage biotechnology company Pulmatrix. Under the deal, Ruthigen will gain all of Pulmatrix's outstanding debt and equity in exchange for an 81% equity stake in the company. Investors plan to pour $10 million into Pulmatrix upon closing, a month after the company also raised $4.5 million in anticipation of the merger. Ruthigen then will be renamed Pulmatrix, with the combined company focusing on efforts to further develop Pulmatrix's inhaled therapeutic products. Robert Clarke, the president and CEO of Pulmatrix, will become president and CEO of the combined company, which will be headquartered in Lexington, Mass. "We hope that the introduction of a new team of scientists and management with a proven track record, as well as Pulmatrix's new drug development programs, will catalyze significant growth opportunities in the near future," said Hojabr Alimi, the chairman and CEO of Ruthigen
http://www.pulmatrix.com/
http://www.ruthigen.com
http://ir.ruthigen.com/2015-03-16-Ruthigen-and-Pulmatrix-Enter-into-Merger-Agreement
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o San Francisco-Based Vector Capital Acquires Triton Digital
San Francisco -- Vector Capital, a technology-focused private equity firm based in San Francisco-, said on Monday it has acquired Sherman Oaks-based Triton Digital, a provider of technology to the digital audio industry. Financial terms of the deal were not disclosed. Founded in 2006, Triton is a developer of web-based software and advertising technology designed to help audio publishers build audiences and grow revenue. "This partnership will allow Triton to accelerate our growth through investments into our products, customers and partners," said Neal Schore, the president and CEO of Triton Digital.
http://www.vectorcapital.com
http://www.tritondigital.com/
http://www.businesswire.com/news/home/20150316005194/en/Vector-Capital-Acquires-Triton-Digital-Leading-Technology#.VQbetNLF_ng
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o San Francisco-Based Hart Hanks Acquires 3Q Digital
San Francisco -- Harte Hanks, a multi-channel marketing agency based in San Francisco, said on Monday it has acquired San Mateo-based digital marketing agency 3Q Digital. Under the deal, Harte Hanks paid an unspecified initial amount, which could rise if 3Q reaches certain performance goals over the next three years. 3Q specializes in search marketing execution, primarily in paid search but also including paid social, paid mobile and search engine optimization. The firm has more than 120 employees in four offices, including one in San Francisco. Clients include Symantec, SurveyMonkey, Wine.com and California Closets.
http://www.hartehanks.com
http://www.3qdigital.com
http://www.marketwired.com/press-release/harte-hanks-announces-the-acquisition-of-3q-digital-inc-nyse-hhs-2000466.htm
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o Sunnyvale-Based Yahoo Launches On-Demand Passwords
Sunnyvale, Calif. -- Yahoo on Monday launched a new account login option designed to improve user security while eliminating the need to memorize passwords. When users choose the option, the company texts an on-demand password to their mobile phone. The option is now available for all U.S. users. "We've all been there…you're logging into your email and you panic because you've forgotten your password," wrote Chris Stoner, the company's director of product management, in a blog post. "Today, we're hoping to make that process less anxiety-inducing by introducing on-demand passwords, which are texted to your mobile phone when you need them."
http://yahoo.tumblr.com/post/113708272894/a-new-simple-way-to-log-in
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o San Francisco's TransitScreen Lands $600,000 for Expansion
San Francisco -- TransitScreen, a developer of transportation software and digital signage with West Coast offices in San Francisco, said it has raised $600,000 in a round of angel funding. The company said its investors, who were not named, came from the real estate, finance and transportation sectors. TransitScreen has developed a service that provides real-time transit information displays to buildings. The displays all transportations options at a specific location, including subway, bus, train, bikeshare, carshare and on-demand ridesharing. The service currently is available in 22 North American cities. With the latest proceeds, the company, which is based in Washington, DC, said it hopes to improve its service and expand to more cities. "We were already expanding rapidly, and we now have the financial capability to reach new markets and to enable more commuters, visitors, residents and employees to make better informed transportation decisions," said CEO Matt Caywood.
http://transitscreen.com/
http://transitscreen.com/transitscreen-raises-first-round-of-funding/
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Do What You're Good At, Not What You Love: Real Talk for Today's Job Seekers.
While "follow your passion" is popular career advice, it isn't necessarily the best career advice. Here, we share five compelling reasons why matching your job to your skill set, not your biggest passion, is a much better bet. http://fairfaxcountyeda.org/bay-area-tech-wire
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o Briefly Noted:
(San Francisco) San Francisco-based Qatalyst Group, a technology-focused investment bank, on Monday named Adam Howell as a partner. Howell, currently a managing director and head of semiconductor investment banking at Deutsche Bank, will be based at the firm's San Francisco headquarters.
http://www.qatalyst.com/
http://www.businesswire.com/news/home/20150316005593/en/Adam-Howell-Agrees-Join-Qatalyst-Group-Partner#.VQbinNLF_ng
(San Mateo, Calif.) San Mateo-based Openwave Messaging, a provider of messaging, communication and security tools to service providers, on Monday named Lokdeep Singh as chief product officer and Jay Seaton as senior vice president of marketing and business development. Singh most recently was the chief innovation officer at Syniverse, while Seaton served as the CMO at GlassHouse Technologies.
http://owmessaging.com/press_releases/openwave-messaging-announces-executive-appointments
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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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> Do What You're Good At, Not What You Love: Real Talk for Today's Job Seekers.
While "follow your passion" is popular career advice, it isn't necessarily the best career advice. Here, we share five compelling reasons why matching your job to your skill set, not your biggest passion, is a much better bet. http://fairfaxcountyeda.org/bay-area-tech-wire
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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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