Thursday, April 2, 2015

Bay Area Tech Wire -- April 2

BAY AREA TECH WIRE -- April 2, 2015
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San Francisco-Based Tapingo Lands $22 Million for Expansion
San Francisco-Based Fyusion Raises $13 Million in Second Round
Menlo Park-Based Lux Capital Closes New $350 Million Fund
o Top Tech Execs Call on Lawmakers to Pass Non-Discrimination Protections
Boston Scientific to Acquire Mountain View-based Xlumena
Bay Area CFOs Remain Optimistic, But Expect Less Hiring
Briefly Noted: 23andMe
, App Annie, RevMob, AppSense, Arista Networks

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

--IT Report Developer -- Kennedy Center
--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

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o San Francisco-Based Tapingo Lands $22 Million for Expansion

San Francisco -- Tapingo, a San Francisco-based developer of mobile ordering apps, said on Thursday it has landed $22 million in a new round of funding led by Qualcomm Ventures. DCM Ventures, Kinzon Capital and previous backers Khosla Ventures and Carmel Ventures also participated in the round, which the company will use to accelerate its expansion beyond the college market. Tapingo's mobile-ordering technology, currently available at more than 85 college campuses, uses machine learning to determine user preferences from everyday behavior, then match those preferences with what's available nearby. "When you buy a coffee, you shouldn’t have to wait in line, pay at a register, then wait again,” said founder and CEO Daniel Almog. “Your phone should know what kind of coffee you like and make sure it’s available for you -- where you need it, when you need it." 

o San Francisco-Based Fyusion Raises $13 Million in Second Round

San Francisco -- Fyusion, the San Francisco-based developer of a mobile photo app that lets users explore multiple angles within a single shot, said on Thursday it has raised $13 million in its second round of funding, co-led by New Enterprise Associates (NEA) and the University of Tokyo Edge Capital (UTEC). Angel investors also participated. Fyusion's platform, known as Fyuse, produces images that enable users to navigate beyond the fixed angle and perspective of traditional mobile photography, allowing users to have a 3D view of any scene, person or product. The company said it will use the capital to further accelerate its expansion and product development activities, as well as broaden its audience. "There are endless applications for our technology and rapidly increasing adoption in the fashion and consumer goods industries," said co-founder and CEO Radu Rusu. "This investment provides Fyusion with resources to continue to develop our user experience to drive further adoption of our product." 

o Menlo Park-Based Lux Capital Closes New $350 Million Fund

Menlo Park, Calif. -- Lux Capital, a venture capital firm based in Menlo Park and New York that invests in counter-conventional seed- and early-stage science and tech companies, said on Thursday it has closed a new $350 million fund. The fund, known as Lux Ventures IV, brings the firm's total capital under management to $700 million. "We are looking for new advancements with complex technical and scientific barriers that often require the collaboration of multidisciplinary teams," said co-founder and Menlo Park-based Managing Partner Peter Hébert. Lux's current investments include a company using metamaterials to make satellite antennas as thin as paper; a developer of a 3D-printing platform; a developer of security products using computational imaging and sensors; and a startup combing robots and chemical engineering to eliminate nuclear waste. The firm also invests in more common technologies, such as drones, satellites, machine learning and artificial intelligence. 

o Top Tech Execs Call on Lawmakers to Pass Non-Discrimination Protections

Washington, DC -- Top executives from more than 70 technology companies -- including heavy-hitters such as Salesforce, Twitter, eBay, Cisco Systems, Intel and Netflix -- have issued a joint statement to legislators condemning recent anti-LGBT legislation passed in Indiana and pending in several other states. The statement calls for the addition of non-discrimination protections for LGBT people to civil rights laws. "To ensure no one faces discrimination and ensure everyone preserves their right to live out their faith, we call on all legislatures to add sexual orientation and gender identity as protected classes to their civil rights laws and to explicitly forbid discrimination or denial of services to anyone," reads the statement. "Anything less will only serve to place barriers between people, create hurdles to creativity and inclusion, and smother the kind of open and transparent society that is necessary to create the jobs of the future." The complete statement, issued by the Human Rights Campaign, is available at the link below. 

o Boston Scientific to Acquire Mountain View-based Xlumena

Mountain View, Calif. -- Boston Scientific, a Massachusetts-based medical technology company, said it will pay up to $75 million to acquire Mountain View-based Xlumena, a developer of minimally invasive devices used in image-guided endoscopic therapy. Under the deal, expected to close this week, Xlumena will receive an initial payment of $62.5 million, and could receive up to $12.5 million more based on certain FDA clearance and sales milestones. Boston Scientific said the acquisition will broaden its portfolio of minimally invasive approaches to treat pancreatic pseudocysts. "Our combined technologies enable physicians to diagnose and treat diseases of the pancreatico-biliary system using less invasive procedures," said David Pierce, the senior vice president and president of endoscopy at Boston Scientific. 

o Bay Area CFOs Remain Optimistic, But Expect Less Hiring

San Francisco -- Just 14% of DC-area CFOs expect their companies to create new jobs over the next six months, down 3% from last fall, according to a new forecast from Robert Half. Another 71% said they plan to hire for open roles. All told, 91% of those surveyed reported being somewhat or very confident in their companies' prospects for growth in the next six months. "Professionals at various levels are in high demand, particularly those skilled in accounting, finance, administration and technology," said Sharon Black, senior district president for Robert Half in the Bay Area. "Many companies are focused on recruitment and retention, as firms in the financial services, technology and healthcare sectors, as well as mid- to late-stage start-ups, continue to lock down the most in-demand candidates." 

o Briefly Noted:

(Mountain View, Calif.) Mountain View-based personal genetics company 23andMe on Thursday named Robert Gentleman as its vice president of computational biology. Gentleman most recently served as the senior director of bioinformatics and computational biology at Genentech. 

(San Francisco) San Francisco-based App Annie, developer of a mobile app intelligence platform, on Thursday named Danielle Levitas as its senior vice president of research & analysis. Levitas most recently served as the group vice president and general manager of IDC's digital media, mobility and consumer practice. 

(San Francisco) RevMob, the developer of a mobile ad platform with U.S. offices in San Francisco, said on Thursday it has expanded its headquarters in Brazil, The company, which has operated in the U.S. since 2011, said it has doubled its office space and added an unspecified number of employees. 

(Sunnyvale, Calif.) Sunnyvale-based AppSense, developer of a platform for enterprise workspace management, on Thursday named Jed Ayres as its senior vice president of marketing. Ayers most recently served as the CMO of MCPc, and previously held senior marketing and sales roles at MTM Technologies, MegaPath and Rhythms NetConnections. 

(Santa Clara, Calif.) Santa Clara-based Arista Networks, a developer of software-driven cloud networking tools for large data center and computing environments, said on Thursday that CFO Kelyn Brannon will leave the company for personal reasons. Brannon has served as CFO since mid-2013, playing an instrumental role in taking the company public in last year. Andy Bechtolsheim, Arista's chairman and chief development officer, will serve as acting CFO while the company searches for a replacement.

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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.


> 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


> 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:


> 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 For more information about the position, go to: 

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