Friday, June 12, 2015

Bay Area Tech Wire -- June 12

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BAY AREA TECH WIRE -- June 12, 2015
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Sponsored By: SFW Capital, A Leading Investor in Analytical Tools & Related Services Companies
http://www.sfwcap.com

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San Francisco-Based WalkMe Raises $25 Million in Fourth Round
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San Francisco-Based Invuity Raises $48 Million in IPO
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Greylock Taps Pinterest's Sarah Tavel as First Female Investment Partner
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Union Claims Federal Data Breach Was Far Worse Than Thought
> SFW Capital, A Leading Investor in Analytical Tools & Related Companies
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Briefly Noted:
Jim Swartz - Carnegie Mellon University
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)


--SFW Capital Partners
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USGIF GEOINT Hackathon - Herndon, Virginia
--Director of Information Technology - City of Berkeley, CA
--San Francisco International Airport - Enterprise Architect

Ad Descriptions Below Briefly Noted Section
Post Job/Event/Marketplace ad: http://www.bayareatechwire.com
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o San Francisco-Based WalkMe Raises $25 Million in Fourth Round

San Francisco -- WalkMe, the San Francisco-based developer of a cloud-based service designed to guide users through each step of their online tasks, said on Friday it has raised $25 million in its fourth round of funding, led by new investor Greenspring Associates. Previous backers Scale Venture Partners, Giza Venture Capital and Gemini Israel Ventures also participated in the round, which increased the company's total funding to $42.5 million since its founding in 2011. WalkMe will use the latest proceeds to open a New York office in addition to its San Francisco headquarters, as well as continue to expand its teams in San Francisco, Melbourne and Tel-Aviv. "We are in the midst of a revolution in online interactions, with users demanding a self-guided, intuitive and simple online experience," said CEO Dan Adika. "People do not want to remember complex processes or data associated with their online interactions. They expect a business or service provider to know and remember their details." Customers include Kimberly Clark, Stanley Black & Decker, SAP, Jabil, SurveyMonkey, Intuit, Adobe, Accenture, Phillips66, Metro Bank, Expedia and Citrix.
http://www.walkme.com 
http://www.businesswire.com/news/home/20150612005282/en/WalkMe-Receives-25-Million-Series-Funding-Greenspring#.VXrbrPlViko 
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o San Francisco-Based Invuity Raises $48 Million in IPO

San Francisco -- Invuity, the San Francisco-based developer of surgical photonics, has raised $48 million in its initial public offering (IPO). The company late Thursday priced 4 million shares at $12 each -- below its previous estimate of $14-$16 each. The shares were scheduled to begin trading Friday on the NASDAQ Global Market under the ticker symbol "IVTY." Piper Jaffray, Leerink Partners and Stifel are serving as lead underwriters. Invuity's medical technology uses advanced photonics to provide surgeons to help better visualize surgical cavities during surgical procedures. The news comes four months after the company raised $20 million in a round of funding led by Wellington Management.
http://invuity.com/
http://investors.invuity.com/phoenix.zhtml?c=253978&p=irol-newsArticle&ID=2058764
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o Greylock Taps Pinterest's Sarah Tavel as First Female Investment Partner

Menlo Park, Calif. -- Greylock Partners, the Menlo Park-based venture capital firm, has named Pinterest executive Sarah Tavel as its first female investment partner. Tavel, who currently leads product for search, recommendations and offsite experiences at Pinterest, will join the firm Aug. 31. She also previously served as a vice president at venture capital firm Bessemer Venture Partners. "We kept our eye on Sarah over the years, and, as we got to know her well, we became convinced that she would be a great fit at Greylock," wrote partners David Sze and James Slavet in a blog post. "She has an ideal background as both an investor and an operator."
http://www.greylock.com 
https://medium.com/@greylockvc/welcome-sarah-tavel-to-greylock-partners-86c80058430f 
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o Union Claims Federal Data Breach Was Far Worse Than Thought

Washington, DC -- A recent hack targeting federal employees may be even worse than originally feared, according to a union representing federal workers. A week after the Office of Personnel Management (OPM) said the breach affected approximately 4 million current and former federal employees, the president of the American Federation of Government Employees said his organization now believes hackers stole the personal data and Social Security numbers of every single federal worker. "We believe that the Central Personnel Data File was the targeted database, and that the hackers are now in possession of all personnel data for every federal employee, every federal retiree, and up to 1 million former federal employees," wrote David Cox in a letter to OPM director Katherine Archuleta, obtained by the Associated Press. The union, which said it is basing its findings on "sketchy" information provided by the OPM, further alleged that the Social Security numbers were not encrypted -- a cybersecurity lapse that it calls "absolutely indefensible and outrageous."
http://hosted.ap.org/dynamic/stories/U/US_GOVERNMENT_HACKED?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT 
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SFW Capital, A Leading Investor in Analytical Tools & Related Services Companies

SFW Capital Partners
, a private equity firm specializing in Analytical Tools and Related Services, announced the final close of SFW Capital Partners Fund II, LP and its related entities with total commitments of over $345 million, including a significant investment from SFW professionals. The Fund closed at its hard cap.

SFW focuses on making strategic investments in mid-size Analytical Tools and Related Services companies, including providers of instrumentation, information and software, and related business services, a sector that the SFW team has invested in for over 20 years. Analytical Tools and Related Services businesses provide information, data, & analytics that support research, product development, process control, quality assurance, compliance, diagnostics, sales & marketing, & other critical decision-making processes across all major industries.

http://www.sfwcap.com

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o Briefly Noted:

(Palo Alto, Calif.) Jim Swartz, a founding partner of Palo Alto-based venture capital firm Accel Partners, has donated $31 million to support Carnegie Mellon University's entrepreneurship activities. The university, from which Swartz earned an M.S. in Industrial Administration in 1966, said it plans to create the Swartz Center for Entrepreneurship, which will serve as a hub for university-wide entrepreneurial activities.
http://www.cmu.edu/news/stories/archives/2015/june/swartz-center-gift.html 

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> SFW Capital Partners

SFW Capital Partners, a leading investor in analytical tools & related services companies, is pleased to announce the closing of SFW Capital Partners Fund II, LP and its related entities. The fund is a partnership formed to invest in middle market businesses that provide instruments, information, software or services to support critical decision-making processes across all major sectors of the global economy. http://www.sfwcap.com
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> USGIF GEOINT Hackathon - June 12-14 - Herndon, VA

USGIF invites coders, data scientists, and thought leaders to the first ever GEOINT Hackathon. Individuals and teams will partner, program, and pitch solutions as they compete for $15,000. Participants will be challenged to create an open-source solution within a roughly 40-hour timeframe. This is a GEOINT hack and location matters! The geography of interest and specific hack goal will be announced Friday during the kick-off briefing. Here’s a hint: We are more interested in fostering collaboration than creating apps. All collaboration-centric coders are encouraged to sign up. The winning team will not only receive the cash prize but also passes to attend the GEOINT Symposium. More information and registration details can be found here: http://usgif.org/events/EventsAtAGlance/hackathon

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> Director of Information Technology - City of Berkeley, CA

The Director of Information Technology leads a large municipal department in providing a diverse array of digital services to its employees, citizens, and beyond. Reporting to the City Manager, the Director of IT will be seen as the technology leader working across the organization to ensure a forward-thinking and strategic approach to technology in support of all municipal business units. Bachelor’s degree is required. This position requires six years responsible experience in information technology, four years of which must have been at a supervisory or management level. Salary range $137,772 to $189,396 DOQ, plus benefit package including CalPERS. Detailed brochure by clicking here. Confidential inquiries to Greg Nelson at (916) 630-4900. Submit cover letter and resume to apply@ralphandersen.com prior to Friday, July 3, 2015.
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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 http://www.ralphandersen.com/jobs/sfo_enterprise_architect.html
To apply, send a compelling cover letter and a comprehensive resume to apply@ralphandersen.com by June 15, 2015. Confidential inquiries welcomed to Heather Renschler or Greg Nelsen at (916) 630-4900.
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