Friday, April 17, 2015

Bay Area Tech Wire -- April 17

BAY AREA TECH WIRE -- April 17, 2015
Mid-Atlantic Marketing Summit - May 8 - Washington, D.C.

San Francisco-Based Vessel Raises $57.5 Million in Second Round
Silicon Valley Companies Raise Most VC in First Quarter Since 2000
San Jose-Based Atmel Sells Touch Sensor Business to UniPixel
o FTC to Examine Issues Raised By New Peer-to-Peer Platforms
Report: Iran Becoming a Significant Cybersecurity Threat
Briefly Noted: Lithium Technologies


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

--Director, Product Marketing in Tysons
--The Delicate Art of Persuading Your Boss
--IT Report Developer -- Kennedy Center
--The MIT Sloan CIO Symposium - May 20 - Cambridge, Mass.

Ad Descriptions Below Briefly Noted Section
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o San Francisco-Based Vessel Raises $57.5 Million in Second Round

San Francisco -- Just three weeks after officially launching, San Francisco-based Vessel, developer of a subscription online video service, said on Friday that Institutional Venture Partners (IVP) has led its second round of funding, which came in at $57.5 million, according to multiple media sources. Benchmark, Greylock Partners and Bezos Expeditions, the personal investment company of Amazon founder Jeff Bezos, also participated. Led by Jason Kilar, the founding CEO of Hulu, Vessel is the developer of a service that charges $2.99 a month for early access to short-form videos and shows before they are available for free on other sites like YouTube. Content creators offer their videos exclusively to the site for a limited time, typically 72 hours. "We believe this is an exciting moment in video, for both fans and creators," Kilar wrote in a blog post. "Our content team is working hard to bring you early access to even more of your favorites [like `Ellen'] and to respond to the thousands of creators who have applied to offer their videos on Vessel." 

o Silicon Valley Companies Raise Most VC in First Quarter Since 2000

San Jose -- Companies based in Silicon Valley raised $6.04 billion from venture capitalists last quarter, marking the highest first-quarter amount since 2000, according to new figures from PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA). That said, the amount raised was well below the $6.5 billion raised by local companies during the fourth quarter, mimicking a national trend that saw VC investment decline 10%. "Historically, VC investing in the first quarter of the year is typically slower than the rest of the year. So, the drop in dollars invested compared to Q4 is not necessarily indicative of what’s to come in 2015," said Tom Ciccolella, the U.S. venture capital leader at PwC. "In fact, the $13.4 billion invested in Q1 of this year is the highest first quarter total we've seen since 2000 and is also a 26% increase in dollars compared to Q1 of last year." 

o San Jose-Based Atmel Sells Touch Sensor Business to UniPixel

San Jose, Calif. -- Atmel, a San Jose-based maker of electronics components, said it has sold the assets of its XSense touch sensor business to Texas-based UniPixel. Under the deal, which includes manufacturing equipment, design tools and existing purchase orders, Atmel will receive at least $16.25 million in royalty payments over the next five years, including $9.3 million up front. UniPixel also will lease Atmel's Colorado Springs XSense manufacturing facility and license the company's XSense patent portfolio. "Acquiring XSense allows us to better address the largest segments of the touch market, which are touch sensors for mobile phones and tablets," said Jeff Hawthorne, UniPixel's president and CEO. 

o FTC to Examine Issues Raised By New Peer-to-Peer Platforms

Washington, DC -- The rise of online peer-to-peer companies like Uber and Lending Club is raising new questions about competition, consumer protection and economic issues, which the Federal Trade Commission (FTC) now plans to explore. The FTC said Friday it will hold a workshop June 9 in Washington to examine how regulatory frameworks can be tweaked to accommodate the new business models. "We are seeing a dramatic growth in products and services that are built on peer-to-peer platforms, such as ride-sharing and property rentals, as more entrepreneurs harness the power of technology to reach more consumers," said FTC Chairwoman Edith Ramirez. "Through our workshop, we want to better understand the competitive impact of these new business models, as well as their interactions with existing regulatory frameworks." 

o Report: Iran Becoming a Significant Cybersecurity Threat

San Mateo, Calif. -- Cybersecurity attacks emanating from Iran and targeting the U.S., Europe and other western interests are increasing at an alarming rate, according to a new report co-authored by the American Enterprise Institute's Critical Threats Project and San Mateo-based Norse Corp. The report found that Iran is actually using computing resources from western hosting and cloud-computing companies to carry out attacks against western targets. Attacks launched from Iranian-controlled IP addresses increased 128% between January 2014 and mid-March 2015, while the number of systems compromised by Iranian interests increased 508% over the same period. 


> Mid-Atlantic Marketing Summit - May 8 - McLean, Va.

The Mid-Atlantic Marketing Summit, now in its 4th year, will be held on May 8, 2015, at the Gannett Headquarters in McLean, Va. The annual summit has become the "must-attend" annual marketing event for the DC region and beyond. The summit brings together 400+ CMOs, Senior Marketers, Agency Professionals and Technology Executives from the DC area to discuss the most important issues facing marketers in 2015-2016. The event features: (1) Dozens of case studies; (2) Keynotes from leading CMOs and marketers; (3) Presentations; (4) Panel discussions; (5) Analytics and data insights; and (5) Networking breaks; breakfast, lunch and cocktails. For more information, go to:



o Briefly Noted:

(San Francisco) San Francisco-based Lithium Technologies, a developer of software that lets businesses create their own social networks and online communities, has named Klout founder and former CEO Joe Fernandez to its board of directors. Fernandez replaces Chi-Hua Chien, who joined the board in connection with the company's acquisition of Klout in March 2014.

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> Director, Product Marketing - Tysons, Virginia

Perspecsys, a leading cloud security software provider, is seeking a Director, Product Marketing. Reporting directly to the CMO, the individual will be responsible for all outbound lead generation campaigns, Sales and Channel enablement, competitive analysis and positioning, product launches, etc. This position is ideal for entrepreneurial candidates with strong Product Marketing experience, a successful track record achievement, and a desire to be part of a rapidly growing start-up. For more information and to apply, go to:

> The Delicate Art of Persuading Your Boss

You’ve got a brilliant idea to transform the business. Or maybe you're just trying to stop the stupid train from rolling over the great work your team has done. You make your case to your boss, but she's not convinced. What next? Real leaders take a step back and get serious about the persuading.

> 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.


> 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


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