Thursday, March 19, 2015

Bay Area Tech Wire -- March 19

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BAY AREA TECH WIRE -- March 19, 2015
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To subscribe: www.bayareatechwire.com

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San Francisco-Based Fundbox Raises $40 Million in Second Round
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Campbell-Based Vidder Lands $12 Million in Second Round
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San Francisco-Based Shuddle Raises $9.6 Million in First Round  
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Santa Clara-Based Colovore Lands Investment from Digital Realty Trust
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Los Altos-Based Box Hires Former GSA Official to Lead Federal Push
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Briefly Noted: Abaxis - Antech Diagnostics, CytomX, ThreatStream

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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 Fundbox Raises $40 Million in Second Round

San Francisco -- Fundbox, the San Francisco-based developer of a service designed to help small businesses eliminate cash flow gaps by instantly clearing invoices, said on Thursday it has raised $40 million in its second round of funding, led by General Catalyst Partners. Previous backers Khosla Ventures, Shlomo Kramer and Blumberg Capital, along with new investor NyCa Investment Partners, also participated in the round. In addition, the company said it has closed a new credit facility in partnership with Silicon Valley Bank and other institutions. Fundbox said it will use the proceeds to further accelerate its expansion and product development activities, as well as increase its marketing efforts to reach small businesses. Hemant Taneja of General Catalyst has joined the company's board of directors. Fundbox's platform is designed to let businesses click on any of their outstanding invoices to get that amount instantly transferred to their bank account. Pricing is determined by the business's health and the specific invoice.
http://www.fundbox.com 
http://www.prnewswire.com/news-releases/fundbox-secures-40-million-series-b-financing-led-by-general-catalyst-partners-300052006.html 
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o Campbell-Based Vidder Lands $12 Million in Second Round

Campbell, Calif. -- Vidder, a Campbell-based developer of access control technology designed to prevent cyber attacks, said on Thursday it has landed $12 million in its second round of funding, led by LDV Partners. New investor Presidio Ventures and previous backers ONSET Ventures and Voyager Capital also participated. Winston Fu, a general partner at LDV, has joined the company's board of directors. Vidder said it will use the funds to expand global marketing, sales and customer service activities. Vidder's PrecisionAccess tool is designed to control connectivity to applications throughout the enterprise, and features a capability designed to make stolen credentials useless to attackers. The technology uses a pre-authentication process to create dynamic connections for individual users, granting them access to only the applications for which they are authorized.
http://vidder.com/ 
http://www.marketwired.com/press-release/vidder-raises-12m-in-series-b-funding-to-equip-enterprises-to-prevent-cyber-attacks-2001912.htm 
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o San Francisco-Based Shuddle Raises $9.6 Million in First Round

San Francisco -- Shuddle, the San Francisco-based creator of an on-demand rideshare service designed specifically for families, said it has raised $9.6 million in its first round of funding, led by RRE Ventures. Previous backers Comcast Ventures, Forerunner Ventures and Accel Partners, in addition to angels, also took part in the round, which increased the company's total funding to more than $12 million. Shuddle, which launched last October in San Francisco, said it will use the proceeds to continue geographic expansion and grow its community of female drivers. The company, founded by Nick Allen, the co-founder of Sidecar, specifically focuses on the transportation needs of busy families, and carries unique insurance to cover the transport of minors. All drivers must have caregiving experience and pass the extensive a screening process. Rides are scheduled 24 hours to one week in advance, and parents are given access to the driver's bio, photo and picture of their vehicle. GPS technology allows parents to track ride progress through the company's iOS app, and parents receive notifications when the driver is on the way, at pickup, departing with the passenger and has arrived at the final destination.
http://www.shuddle.us
http://www.businesswire.com/news/home/20150318005262/en/Shuddle-Leading-Rideshare-Busy-Families-Raises-9.6#.VQsAetLF_ng
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o Santa Clara-Based Colovore Lands Investment from Digital Realty Trust

Santa Clara, Calif. -- Colovore, the Santa Clara-based operator of a 9 MW colocation facility, said on Thursday it has landed a new investment from San Francisco-based Digital Realty Trust, an owner and operator of data centers. Financial terms of the deal were not disclosed. Scott Peterson, Digital Realty's chief investment officer, will join the company's board of directors. Sean Holzknecht, Colovore's co-founder and president, said his company will work closely with Digital Realty "to expand our high-density retail colocation offering and footprint."
http://www.colovore.com 
http://www.digitalrealty.com 
http://www.businesswire.com/news/home/20150318006226/en/Colovore-Announces-Strategic-Investment-Digital-Realty-Trust#.VQr9D9LF_ng 
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o Los Altos-Based Box Hires Former GSA Official to Lead Federal Push

Los Altos, Calif. -- Box, the Los Altos-based developer of a software platform for content collaboration, on Thursday hired Sonny Hashmi, former CIO of the General Services Administration (GSA), to lead its efforts in the federal government space. In his new role, Hashmi will help convince agencies to move to Box's secure content collaboration platform, which is already used by more than 40 federal clients. "The federal government has made significant moves toward deploying cloud systems, consolidating data centers and reducing redundancy in government IT," said CEO Aaron Levie. "Sonny's innovative leadership is just what the industry needs to accelerate the adoption of cloud and mobile technologies." Hashmi most recently served as CIO of the GSA, where he was responsible for managing the agency's $600 million IT budget. Previously, he served as the agency's deputy CIO and CTO, and earlier was the deputy CIO for Washington's DC's Office of the CFO.
https://www.box.com/ 
http://www.businesswire.com/news/home/20150319005286/en/Sonny-Hashmi-CIO-GSA-Joins-Box-Lead#.VQrmvtLF_ng 
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> 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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o Briefly Noted:

(Union City, Calif.) Union City-based Abaxis, a maker of point-of-care blood analysis systems, said on Thursday it will sell its AVRL (Abaxis Veterinary Reference Laboratory) unit to Irvine-based Antech Diagnostics for $21 million in cash. The deal is expected to close by the end of this month. Abaxis said the sale will allow it to increase its focus on core product offerings and bolster its co-marketing relationship with Antech, which provides diagnostic testing to animal hospitals.
http://www.abaxis.com 
http://www.antechdiagnostics.com
http://phx.corporate-ir.net/phoenix.zhtml?c=115152&p=irol-newsArticle&ID=2027052 

(South San Francisco) South San Francisco-based CytomX, a biotechnology company developing therapeutics for the treatment of cancer, on Thursday named Rachel Humphrey to its board of directors. Humphrey previously led immuno-oncology at AstraZeneca.
http://www.cytomx.com 
http://www.cytomx.com/pdf/CytomX_HumphreyRelease_Final.pdf (PDF)

(Redwood City, Calif.) Redwood City-based ThreatStream, developer of a threat intelligence platform, said on Thursday it has formed a new advisory board to provide input and guidance on the company's direction. The board includes John Stewart, the senior vice president and chief security and trust officer at Cisco; Mercedes Westcott, the vice president of public sector at Cloudera; and Greg Oslan, the founder and managing partner at OSG Consulting.
https://threatstream.com/news-events/press/threatstream-announces-new-advisory-board-with-experts-from-cisco-cloudera-and-osg-consulting 

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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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> 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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