Tuesday, March 24, 2015

Bay Area Tech Wire -- March 24

BAY AREA TECH WIRE -- March 24, 2015
To subscribe: www.bayareatechwire.com

Santa Clara-Based Cohere Technologies Raises $35 Million in Funding
o Palo Alto-Based Skycure Lands $8 Million in First Round
o Augmented Pixels Raises $1 Million, Relocates to The Hive in Palo Alto
The Washington Post to Publish National Political Content on Flipboard
o Survey: Tech Companies Predict Improving Business Conditions  
Briefly Noted: Bigcommerce, Hercules Technology Growth Capital, RedSeal


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

--IT Report Developer -- Kennedy Center
--Director, Solution Consulting - Washington, DC
--Director, Site Experience - Washington, DC
--The MIT Sloan CIO Symposium - May 20 - Cambridge, Mass.
--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

o Santa Clara-Based Cohere Technologies Raises $35 Million in Funding

Santa Clara, Calif. -- Cohere Technologies, a Santa Clara-based developer of wireless communications technology, said on Tuesday it has raised $35 million in its third round of funding, led by Telstra. Previous backers New Enterprise Associates (NEA) and Lightspeed Ventures, along with new investors Macquarie Capital and AME Cloud Ventures also participated. Cohere said it will use the proceeds to bring to market its newest product, known as OTFS (Orthogonal Time Frequency and Space), which is designed to create higher capacity and coverage in wireless networks. "This funding enables us to move OTFS closer to the market and begin working with strategic groups on enabling this technology in next generation wireless specifications and solutions," said Shlomo Rakib, the co-founder, president and CEO of Cohere.

o Palo Alto-Based Skycure Lands $8 Million in First Round

Palo Alto, Calif. -- Skycure, a Palo Alto-based developer of mobile tools designed to detect and prevent cyber attacks, said on Tuesday it has landed $8 million in its first round of funding, led by Shasta Ventures. New York Life Insurance, Pitango Venture Capital and several individuals also participated in the round, which the company will use to bolster its sales and marketing efforts and expand R&D activities, including hiring in the U.S. and Israel. Rami Kalish, managing general partner and co-founder of Pitango, and Jayaram Bhat, the former CEO of Zenprise and venture partner at Shasta Ventures, have joined the company's board of directors. In addition, Skycure has named Varun Kohli as its vice president of marketing and Daniel Kandel as its head of R&D.

o Augmented Pixels Raises $1 Million, Relocates to The Hive in Palo Alto

Palo Alto, Calif. -- Augmented Pixels, a developer of augmented and virtual reality technology designed to help businesses generate sales, said on Tuesday it has raised $1 million in seed funding and relocated its headquarters into the offices of one of its investors, Palo Alto-based startup accelerator The Hive. Investors from Steltec Capital also participated. The company said it plans to work closely with The Hive's senior management team and leverage its infrastructure. It will use the funds to develop new technologies for 3D scanning and the creation of inexpensive content for virtual reality. Current customers include National Geographic, Harkus, Jayman and Zoom3D. "As the market for augmented reality and virtual reality technologies expands rapidly, many industries, including retail, real estate and interior design will be completely transformed and we will be the first to make this happen," said CEO Vitaliy Goncharuk.

o The Washington Post to Publish National Political Content on Flipboard

Palo Alto, Calif. -- The Washington Post plans to start integrating some of its national political content into Palo Alto-based social magazine app Flipboard, the company announced. Beginning in May, the Post will publish stories, profiles, analyses, videos and photographs of major 2016 presidential candidates. The fee-based packages, known as Flipboard Magazines, also will include lists of their top advisers, fact checks, social media presence and other information. The goal of the program is to help grow the Post's national audience. "By partnering with The Washington Post our readers can connect with their award-winning coverage, but also get richer perspectives on each candidate shared in their Flipboard Magazines," said Mike McCue, the CEO of Flipboard.

o Survey: Tech Companies Predict Improving Business Conditions

Santa Clara, Calif. -- Technology companies overwhelmingly expect improving business conditions and growth in 2015, with most planning to increase their headcount this year, according to a new survey by Silicon Valley Bank. More than three-quarters of respondents said they met or beat their revenue targets in 2014, and 71% expect business conditions to improve this year. Just 3% anticipate conditions getting worse, the lowest percentage since 2010. In addition, 77% plan to add employees in 2015, with nearly two thirds of those expecting to increase their headcount by more than 20%. "From globalization to hiring trends, and even more accurate forecasting, we're seeing a lot of positive signals for long-term growth in the results of the survey," said Greg Becker, the president and CEO of Silicon Valley Bank. The survey included responses from more than 1,100 executives from software, hardware, cleantech, life science and healthcare companies. Complete results are available at the link below.

o Briefly Noted:

(San Francisco) San Francisco-based Bigcommerce, developer of an e-commerce platform for brands, on Tuesday named former eBay and Intuit executive Lorrie Norrington to its board of directors. Norrington previously served as the president of eBay Marketplaces and CEO of Shopping.com, and currently sits on the boards at DIRECTV, Autodesk and HubSpot.

(Palo Alto, Calif.) Palo Alto-based Hercules Technology Growth Capital, a provider of senior secured loans to venture capital-backed technology companies, said on Tuesday it plans to sell 6.6 million shares through an underwritten public offering. The firm said it will use the net proceeds to fund investments in debt and equity securities, as well as for other general corporate purposes.

(Sunnyvale, Calif.) Sunnyvale-based RedSeal, developer of a cybersecurity analytics platform, on Tuesday named Steve Timmerman as its vice president of corporate marketing and business development. Timmerman most recently served as the senior vice president of marketing for broadband management at software company ASSIA.

Job/Event/Marketplace Listings:
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> IT Report Developer -- Kennedy Center

The Kennedy Center Information Technology department's Report Developer would help to gather report requirements, document specifications, estimate project timelines, and will be responsible for the design, development, QA, and delivery of custom reports and reporting solutions. Also required will be an understanding of ETL processes and data warehouse concepts, transactional databases, star/snowflake schema databases, as well as familiarity of OLAP cubes. Responsibilities Include: Perform advanced report development utilizing SQL Server Reporting Services. Utilize an understanding of relational database concepts as well as data warehouse and ETL concepts. Design, code, and test database objects to support reporting. Experience: 3+ years’ experience with full life cycle of Report Development projects. 1+ years' experience with SQL Server Reporting Services. Excellent written and verbal communication. For consideration, apply online here.


> 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

> 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


> 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.


> 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.

> 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.

> 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


> 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 

> 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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