Wednesday, May 27, 2015

Bay Area Tech Wire -- May 27

BAY AREA TECH WIRE -- May 27, 2015
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Newark-Based Tegile Systems Lands $70 Million in Fourth Round
San Francisco-Based DocuSign Raises Additional $45 Million
Vox Media to Acquire San Francisco-Based Tech Blog Re/code
San Francisco-Based Jumpshot Lands $22 Million in First Round
San Francisco-Based MatterFab Raises $5.75 Million in First Round
San Jose-Based 8x8 to Acquire DXI for $23.2 Million
Hackers Access IRS Accounts of Approximately 100,000 Tax Payers
Briefly Noted: Mblox - 4INFO, ServiceSource


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

--San Francisco International Airport - Enterprise Architect
--Senior Director, Business Development - Optoro - DC

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o Newark-Based Tegile Systems Lands $70 Million in Fourth Round

Newark, Calif. -- Tegile Systems, a Newark-based developer of flash-driven storage arrays for databases, virtualized server and virtual desktop environments, said on Wednesday it has landed $70 million in its fourth round of funding, increasing its total raised to $117.5 million. New investors Capricorn Investment Group, Cross Creek Advisors and Pine River Capital Management joined previous backers August Capital, Meritech Capital Partners, Western Digital and SanDisk in the round. With the proceeds, Tegile plans to double its employee base to 600 over the next 18 months, as well as expand its operations and bolster its reseller channel in Europe and Asia. The company's flash-optimized storage systems are designed to help businesses accelerate their applications, reduce their storage footprint and cut operational costs. Tegile shipped its first storage array in 2012, and has since deployed more than 1,500 systems. 

o San Francisco-Based DocuSign Raises Additional $45 Million

San Francisco -- Just two weeks after initial closing its sixth round of funding, San Francisco-based DocuSign, the developer of a platform that lets users make secure transactions through their smart phones, said it has landed an additional $45 million in investments from Dell and Intel Capital. Together with the initial tranche of $233 million, co-led by Brookside Capital and Bain Capital Ventures, the company has secured more than $278 million in the round and $500 million since its inception in 2003. DocuSign is the developer of a platform that supports legally compliant electronic and digital signatures. The company has more than 100,000 corporate clients, as well as more than 50 million users in 188 countries. 

o Vox Media to Acquire San Francisco-Based Tech Blog Re/code

San Francisco -- Significantly bolstering its presence in the technology arena, Vox Media, the online publisher behind sports blog network SB Nation, technology blog The Verge and gaming blog Polygon, said it will acquire San Francisco-based Re/code, the popular tech blog launched last year by the founders of All Things Digital. Financial terms of the deal were not disclosed. Founders Kara Swisher and Walt Mossberg will join Washington, DC-based Vox and continue to publish their blog at Vox said the coverage, which focuses on tech business news and analysis, will compliment that of The Verge, the company's consumer tech lifestyle blog. "Re/code will benefit from Vox Media's infrastructure and resources, and will eventually move on to Chorus, Vox Media's proprietary platform," Vox wrote in a blog post. The company also plans to continue growing Re/code's Code conference business. Swisher and Mossberg launched Re/code in Jan. 2014, after announcing their departure from News Corp. -- the owner of former tech blog All Things Digital -- the previous fall.

o San Francisco-Based Jumpshot Lands $22 Million in First Round

San Francisco -- Jumpshot, the San Francisco-based developer of a marketing analytics platform, said on Wednesday it has secured $22 million in its first round of funding from Avast Software. The company plans to use the proceeds to expand operations and bolster its two core offerings -- the Jumpshot Plus web platform and Jumpshot Strategic Analytics. Jumpshot said its user panel includes 107 million people who click on 150 billion links a month, allowing clients to make more informed decisions pertaining to their online businesses. "Https data and persistent user IDs allow us to go beyond reporting discrete moments in the customer journey to also reveal why particular events took place," said CEO Deren Baker. 

o San Francisco-Based MatterFab Raises $5.75 Million in First Round

San Francisco -- MatterFab, a San Francisco-based manufacturer of metal 3D printers, said on Wednesday it has raised $5.75 million in its first round of funding, which included investments from GE Ventures and the Innovate Indiana Fund. The company will use the proceeds to complete the design and development of its first commercial industrial 3D metal printer. MatterFab, which also received previous funding from Lemnos Labs, said its printer will use new laser technology to print solid metal parts. 

o San Jose-Based 8x8 to Acquire DXI for $23.2 Million

San Jose, Calif. -- 8x8, a San Jose-based developer of cloud-based unified communications and contact center tools, said on Wednesday it will pay approximately $23.2 million in cash and stock to acquire U.K.-based DXI, a developer of outbound and blended contact center software. The deal, expected to close by the end of this month, includes a portion of the purchase prices being paid out over four years. 8x8 said it plans to bring DXI's products and services to the U.S. market by the end of 2015. "8x8 continues to increase its focus on the contact center market, and DXI's offerings are highly complementary to our existing Virtual Contact Center solutions," said CEO Vik Verma. DXI's core product, known as EasyContactNow, is designed to let customers easily try, buy, deploy and adapt services without the complexity and constraints experienced with traditional systems. 

o Hackers Access IRS Accounts of Approximately 100,000 Tax Payers

Washington, DC -- The Internal Revenue Service (IRS) said that hackers accessed the personal information of approximately 100,000 tax payers in what the agency is calling a "sophisticated" attack. The IRS said that criminals managed to access data such as Social Security numbers, dates of birth and street addresses from an outside source, allowing them to clear a multi-step authentication process to gain access to its "Get Transcript" online app. The application, which allows users to access past tax returns, has been temporarily shut down, and the IRS will offer free credit monitoring to those affected. The matter is now under review by the Treasury Inspector General for Tax Administration as well as the IRS's Criminal Investigation unit. The agency said the hack did not involve its main computer system, which handles tax filing submissions. 

o Briefly Noted:

(Campbell, Calif.) Campbell-based Mblox, a provider of app-to-person (A2P) text messaging services, said on Wednesday it has acquired the SMS business line of San Mateo-based 4INFO. Financial terms of the deal were not disclosed. Mblox said the acquisition will significantly expand its customer base. 4INFO's SMS customers now will be serviced by Mblox's global delivery capability. 

(San Francisco) San Francisco-based ServiceSource, a developer of cloud-based technologies and services designed to help clients better manage recurring revenue, said that Mike Smerklo will retire as its chairman following the company's annual meeting on May 28. Smerklo retired as the company's CEO in last August, following 11 years at the helm. He plans to focus full time on his venture investments. 

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> San Francisco International Airport - Enterprise Architect

This is truly a rare opportunity to join an award winning and progressive organization that is innovating to be the most technologically empowering airport in North America! This newly created position of Enterprise Architect for San Francisco International Airport (SFO) is focused on developing and delivering the strategic technology roadmap for both the short- and long-term. By providing expertise on the design of architectural solutions as well as the establishment of architecture standards, the Enterprise Architect will play an integral role in building a holistic view and framework for the Airport’s technology strategy, processes, and information technology roadmap. Top contenders will be strategic thinkers and strong communicators to ensure proposed technical solutions are aligned with the Airport’s overall objectives, mission, and vision. Requires five years of experience at a senior level as an application and systems architect; experience in the development of platf! Bachelor’s degree required. Annual salary range is $123,578 to $157,742 plus outstanding benefits including retirement plan. Detailed brochure available at
To apply, send a compelling cover letter and a comprehensive resume to by June 15, 2015. Confidential inquiries welcomed to Heather Renschler or Greg Nelsen at (916) 630-4900.

> Senior Director, Business Development - Optoro - DC

We are looking to add a Senior Director of Business Development to our growing team to help capitalize on the rapidly rising demand of our enterprise software solution. The Senior Director will be responsible for prospect evaluation, coverage and development across a portfolio of enterprise accounts. We are looking for someone with a forward-thinking and strategic approach to solving business issues and a strong background in selling solution based software in retail, ecommerce or supply chain industries. For more information or to apply, go to:

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