Tuesday, March 31, 2015

Bay Area Tech Wire -- March 31

BAY AREA TECH WIRE -- March 31, 2015
To subscribe: www.bayareatechwire.com

Emeryville-Based Tanium Lands $52M Investment from Andreessen Horowitz
San Francisco-Based Spruce Lands $15 Million in First Round
San Francisco-Based ProsperWorks Raises $7.5 Million in First Round
Vector Capital Completes $400 Million Acquisition of Saba
FTC Finalizes Settlement with Sony Over PlayStation Vita Ads
Briefly Noted: Equinix, Evident.io, YapStone, Yahoo


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

--Product Manager - Washington, DC
--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 Emeryville-Based Tanium Lands $52M Investment from Andreessen Horowitz

Emeryville, Calif. -- Tanium, an Emeryville-based developer of security and systems management technology, said on Tuesday it has secured a new $52 million investment from venture capital firm Andreessen Horowitz. The firm initially invested $90 million into the company last May. The funding comes following a year in which the company quadrupled its total billings and number of employees, and finished the year cash-flow positive. "We started Tanium in 2007 with the goal of re-inventing how organizations secure and manage their endpoints," said co-founder and CTO Orion Hindawi. "The ability to execute on this explosive market demand -- while remaining cash flow positive -- is a testament to our company, our people and our technology."

o San Francisco-Based Spruce Lands $15 Million in First Round

San Francisco -- Spruce, a San Francisco-based provider of telemedicine services focused on dermatological conditions, said on Tuesday it has raised $15 million in its first round of funding. Kleiner Perkins Caufield & Byers led the round, which also included participation from Baseline Ventures, Cowboy Ventures and Google Ventures. The company will use the proceeds to support its growth and national expansion. Spruce's iOS mobile app connects consumers directly with board-certified dermatologists for virtual visits and ongoing care. The company's latest product covers a range of dermatological conditions beyond its original focus on acne, including fine lines and wrinkles, skin discoloration, rosacea, eczema, psoriasis, male hair loss, eyelash thinning, rashes and bug bites and stings. Treatments cost $40 a visit.

o San Francisco-Based ProsperWorks Raises $7.5 Million in First Round

San Francisco -- ProsperWorks, a San Francisco-based developer of customer relationship management (CRM) tools synced with Google apps, said on Tuesday it has raised $7.5 million in its first round of funding, led by True Ventures. Previous backers Bloomberg Beta, Crunchfund and angel investors also took part in the round, which increases the company's total funding to $10 million. ProsperWorks said it aims to remove the inefficiencies associated with CRM by reducing the time wasted entering data and switching between applications. Developed with the Google for Work productivity suite, the software automatically loads data from Google accounts. "CRM has become a four-letter word, with employees having to constantly feed the system," said co-founder and CEO Jon Lee. "ProsperWorks was specifically created to enable employees to work smarter and faster… all within Google's familiar interface."

o Vector Capital Completes $400 Million Acquisition of Saba

San Francisco -- Vector Capital, the San Francisco-based private equity firm, said it has completed its $400 million acquisition of Redwood Shores-based Saba, a developer of cloud-based talent management tools. Under the deal, first announced in February, Saba stockholders will receive $9 a share in cash. In a statement, David Fishman, managing director and head of the private equity team at Vector, said his firm plans to "further invest in the [company's] leading cloud talent management platform," and expects to grow the business "organically and through strategic acquisitions."

o FTC Finalizes Settlement with Sony Over PlayStation Vita Ads

San Mateo, Calif. -- Sony Computer Entertainment America and its former ad agency on Tuesday settled charged with the Federal Trade Commission (FTC) that they falsely advertised certain capabilities of the PlayStation Vita handheld gaming console, which was introduced for sale in 2012. The FTC alleged that San Mateo-based SCEA and Deutsch LA deceived consumers with false claims about several "game changing" technological features of the device in late 2011 and early 2012. The FTC also claimed that Deutsch LA misled consumers by urging its employees to create awareness and excitement about the PS Vita on Twitter, without instructing them to disclose their connection to the ad agency or its then-client. Under the settlement, consumer who bought the console before June 1, 2012 will have their choice of either $25, in cash or a credit refund, or a $50 merchandise voucher.

o Briefly Noted:

(Redwood City, Calif.) Redwood City-based Equinix, an owner and operator of data centers, said on Tuesday it will spend $17 million to expand its Rio de Janeiro data center, known as RJ2. The project will increase the facility's capacity by 310 cabinets for a total of 630 cabinets. Equinix originally invested $24 million to open the facility in late 2013.

(Dublin, Calif.) Dublin-based Evident.io, a provider of cloud security services for public cloud infrastructure, on Tuesday named Tom Orella as its vice president of sales and Beau Roberts as its vice president of marketing. Orella most recently was the vice president of sales and business development at HighCloud Security, while Roberts was the vice president of global marketing at BitDefender.

(Walnut Creek, Calif.) Walnut Creek-based YapStone, a provider of web and mobile payment technology, said it has landed $60 million in debt financing from Comerica Bank and Bregal Sagemount. The company said it will use the capital to accelerate growth initiatives in its existing markets and pursue growth opportunities in new verticals and marketplaces.

(Sunnyvale, Calif.) Sunnyvale-based Yahoo has named Bryan Power as its senior vice president of human resources. Power most recently led HR operations at Square, and previously led and managed teams at Google.

Job/Event/Marketplace Listings:
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> Product Manager - Washington, DC

Reporting to the Vice President of Product Management, the Product Manager will be an integral member of our team, helping to create web and mobile applications for Optoro’s enterprise software solution, data and analytics platform, and cutting-edge eCommerce site BLINQ.com. You will work closely with engineers and designers to build solutions that are changing the reverse logistics industry. This position is ideal for entrepreneurial candidates with 2 to 4 years of product management experience who want to be part of a rapidly growing start-up. For more information and to apply, go to: http://optoro.com/careers/join#47850

> 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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