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BAY AREA TECH WIRE -- March 17, 2015
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Sponsored By: The MIT Sloan CIO Symposium - Cambridge, Mass. - May 20
www.mitcio.com (Use Discount Code 15NETECHWIRE For $200 Off)
o San Francisco-Based Pinterest Raises $367.1 Million in New Funding
o San Jose-Based Fastback Networks Merges with Sub10 Systems
o Palo Alto-Based Norwest Leads $70M Round for Health Catalyst
o WSJ: Cupertino-Based Apple to Launch Online TV Service This Fall
o Palo Alto's DAI Lands Investment from South Korea's SK Telecom
o San Francisco-Based RiskIQ Names Jeff Baeth as CFO
o Santa Clara-Based Rovi Names Chief Revenue Officer
o Briefly Noted: SAP - HanaHaus, Silver Peak, Veeva Systems
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Director, Solution Consulting - Washington, DC
--Director, Site Experience - Washington, DC
--The MIT Sloan CIO Symposium - May 20 - Cambridge, Mass.
--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
Post Job/Event/Marketplace ad: http://www.bayareatechwire.com
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o San Francisco-Based Pinterest Raises $367.1 Million in New Funding
San Francisco -- Pinterest, the San Francisco-based online scrap-booking site, disclosed on Monday it has raised $367.1 million in a new round of funding, and plans to raise up to $211 million more before closing the round. The New York Times reported that the funding values the company at approximately $11 billion, less than a year after it was valued at $5 billion. The company, which now is nearly five years old, previously had raised $764 million. A spokesman for Pinterest told The New York Times that the company will use a portion of the latest proceeds to continue its recent international push.
http://www.pinterest.com
http://www.sec.gov/Archives/edgar/data/1506293/000150629315000001/xslFormDX01/primary_doc.xml
http://www.nytimes.com/2015/03/17/business/dealbook/pinterest-valuation-at-11-billion-after-new-round-of-fund-raising.html?ref=business&_r=1
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o San Jose-Based Fastback Networks Merges with Sub10 Systems
San Jose, Calif. -- Fastback Networks, a San Jose-based developer of wireless backhaul technology that recently landed $15 million in its third round of funding, said on Tuesday it has merged with U.K.-based counterpart Sub10 Systems. Financial terms of the deal were not disclosed. The combined company, which will retain the Fastback name, will have 75 employees and be headquartered in San Jose. Sub10's current headquarters in the U.K. will become the company's new European headquarters. Kevin Duffy, the co-founder and CEO of Fastback, said the merger will "consolidat[e] best of breed intellectual property, technology, human talent and investor syndicates to address that opportunity and to be a catalyst and enabler for the acceleration of dense LTE/5G deployments." Duffy and Fastback CTO Kevin Negus will remain in the same roles.
http://www.fastbacknetworks.com
http://www.fastbacknetworks.com/news-events/
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o Palo Alto-Based Norwest Leads $70M Round for Health Catalyst
Palo Alto, Calif. -- Norwest Venture Partners, the Palo Alto-based venture capital firm, has led a new $70 million round of funding for Utah-based Health Catalyst, a provider of healthcare data warehousing and analytics tools. Previous backers Sequoia Capital, Kaiser Permanente Ventures, Sorenson Capital, CHV Capital and Partners HealthCare also contributed. The company said it will use the capital to bolster product development, particularly in areas of advanced clinical and workflow applications designed to improve clinical and financial outcomes. Norwest has been an investor in the company since early 2013.
http://www.nvp.com
http://www.healthcatalyst.com
https://www.healthcatalyst.com/news/health-catalyst-raises-70-million-to-fuel-product-development/
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o WSJ: Cupertino-Based Apple to Launch Online TV Service This Fall
Cupertino, Calif. -- Apple plans to launch an online TV service, potentially including around 25 channels of programming, beginning this fall, The Wall Street Journal reported. The Cupertino-based company reportedly is in talks with a number of TV programmers, and is likely to launch the service with networks such as ABC, CBS and Fox. A rift between Apple and Comcast, however, may preclude networks owned by NBC Universal, such as NBC, USA and Bravo. The Journal said Apple plans to announce the service, which would work on all devices powered by the company's iOS operating system, in June and launch it in September. The company most likely would charge between $30-$40 a month for access.
http://www.wsj.com/articles/apple-in-talks-to-launch-online-tv-service-1426555611
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o Palo Alto's DAI Lands Investment from South Korea's SK Telecom
Palo Alto, Calif. -- Dual Aperture International (DAI), a South Korea-based developer of smart sensor technology with U.S. headquarters in Palo Alto, said Tuesday it has landed a $1.4 million investment from South Korea's SK Telecom (SKT). The investment is part of a larger partnership between the companies focused on accelerating the development of DAI's smart 3D camera technology based on dual aperture four-color sensors. SKT joins the company's previously closed first round of funding, led by Korean venture capital fund Value Invest Korea. Chong-Min Kyung, the CTO of DAI, said that SKT will help "accelerate DAI's product implementation into global industries spanning mobile, medical, security and automotives."
http://www.dual-aperture.com
http://www.prnewswire.com/news-releases/dual-aperture-international-receives-strategic-investment-from-sk-telecom-and-collaborates-with-daejeon-creative-economy-innovation-center-300051552.html
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o San Francisco-Based RiskIQ Names Jeff Baeth as CFO
San Francisco -- RiskIQ, a San Francisco-based developer of technology that analyzes web and mobile assets to detect malware, fraud and brand infringements, on Tuesday named Jeff Baeth as its CFO. Baeth, previously a senior vice president at VeriSign, will manage the company's finance and administration, legal and human resources functions. He also has served as the CFO of Devicescape and JAJAH. The news comes 10 months after RiskIQ landed $25 million in its second round of funding, led by Battery Ventures.
http://www.riskiq.com
http://www.riskiq.com/company/press-releases/riskiq-appoints-jeff-baeth-chief-financial-officer
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o Santa Clara-Based Rovi Names Chief Revenue Officer
Santa Clara, Calif. -- Rovi, a Santa Clara-based developer of entertainment search and navigation technology, on Tuesday named Dave Longaker in the newly created role of chief revenue officer. Longaker most recently served as the senior vice president of sales at Alcatel-Lucent, and previously held a number of positions at Nortel Networks. In his new role, Longaker will be responsible for driving the company's revenue across its discovery, monetization and intellectual property product lines.
http://www.rovicorp.com
http://www.rovicorp.com/company/press-releases/2015/3/rovi-appoints-dave-longaker-as-chief-revenue-officer.html
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> The MIT Sloan CIO Symposium - May 20 - Cambridge, Mass.
The MIT Sloan CIO Symposium will help CIOs to invent their future and accelerate success through technology. CIOs will engage with business leaders, technology trendsetters, and academic thought leaders in panel discussions and explore new thinking and practices. Panel discussions include: Academic Keynote Panel -- The Impact of Automation; Platform Shift -- How New Business Models are Changing the Shape of Industry, and the Role of CIOs; Leading Digital: A Manifesto for IT and Business Executives; The Board, CEO and CIO Roles in Dealing with Digital Disruption; Cybersecurity - New Approaches to Assessing and Maximizing Your Protection; Demand Shaping: How IT Becomes a Distinctive Advantage; and Cashing in on Your Data. Use code 15NETECHWIRE when registering for a $200 discount. Register at www.mitcio.com.
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o Briefly Noted:
(Palo Alto, Calif.) Enterprise application software giant SAP said on Tuesday it has opened HanaHaus, a new cafe and community workspace in Palo Alto that aims to foster a "vibrant culture of technology innovation." Located in the Varsity Theater on University Ave., the 15,000 square-foot multi-purpose space features a full-service cafe as well as newly renovated work areas.
http://hanahaus.com/
http://www.news-sap.com/sap-opens-hanahaus-new-cafe-community-workspace-palo-alto/
(Santa Clara, Calif.) Santa Clara-based Silver Peak, a developer of software-defined WANs, on Tuesday named John Vincenzo as its senior vice president and chief marketing officer (CMO). Vincenzo most recently was the vice president of marketing at Embrane, and earlier was the vice president of global marketing at 3Com.
http://www.silver-peak.com/news/press-releases/silver-peak-continues-aggressive-moves-expand-leadership-fast-growing-sd-wan
(Pleasanton, Calif.) Pleasanton-based Veeva Systems, a developer of cloud-based software for the life sciences industry, on Tuesday named Alan Mateo as its executive vice president of global sales. Mateo has spent the past 10 years as the head of worldwide field operations at Medidata Solutions.
http://www.veeva.com/resources/software-industry-veteran-alan-mateo-joins-veeva-systems-as-executive-vice-president-of-global-sales/
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Job/Event/Marketplace Listings:
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To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
7,000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300
> Director, Solution Consulting - Washington, DC
Recognized as one of the fastest growing companies in the country, Optoro is transforming the retail industry by helping to build more sustainable supply chains. We're backed by some of the most prominent investors in the country, including Kleiner Perkins & Revolution Growth. The Director of Solution Enablement will provide leadership to the Solution Enablement team, ensuring they are inspired, engaged and motivated. This person is expected to contribute to the organization’s growth and development in a variety of ways including: Client Engagement, Client Management, Solution Development, Business Development, People Development and Thought Leadership Development. Requirements: A Bachelor's degree from a 4 year college (or equivalent). An advance degree is preferred. Proven leadership experience in a client facing role. At least 7 years of relevant consulting experience within a top tier consulting firm or leading supply chain software solution provider. For more information or to apply, go to: http://optoro.com/careers/join#52089
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> Director, Site Experience - Washington, DC
Recognized as one of the fastest growing companies in the country, Optoro is transforming the retail industry by helping to build more sustainable supply chains. We're backed by some of the most prominent investors in the country, including Kleiner Perkins & Revolution Growth. The Director of Site Experience will work closely with the Vice President of Ecommerce to deliver the business objectives of increasing revenue from our ecommerce site BLINQ.com. The responsibilities of this new created position will be focused on delivering a winning online shopping experience that is on-brand and maximizes conversion. Requirements: Minimum 4 years of experience in marketing/ecommerce. Preferred Bachelor 's degree in Math, Finance, Marketing, Social Science. Minimum 2 years of experience with analytics and a proven track record in driving tangible results and actionable insight. Skilled knowledge of key digital analytics tools, particularly Google Analytics, including implementation/tagging experience and data analytic skills. Preferred experience with site search platforms, testing platforms and customer research. For more information or to apply, go to: http://optoro.com/careers/join#42773
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> The MIT Sloan CIO Symposium - May 20 - Cambridge, Mass.
The MIT Sloan CIO Symposium will help CIOs to invent their future and accelerate success through technology. CIOs will engage with business leaders, technology trendsetters, and academic thought leaders in panel discussions and explore new thinking and practices. Panel discussions include: Academic Keynote Panel -- The Impact of Automation; Platform Shift -- How New Business Models are Changing the Shape of Industry, and the Role of CIOs; Leading Digital: A Manifesto for IT and Business Executives; The Board, CEO and CIO Roles in Dealing with Digital Disruption; Cybersecurity - New Approaches to Assessing and Maximizing Your Protection; Demand Shaping: How IT Becomes a Distinctive Advantage; and Cashing in on Your Data. Use code 15NETECHWIRE when registering for a $200 discount. Register at www.mitcio.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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