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BAY AREA TECH WIRE -- June 5, 2015
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Sponsored By: SFW Capital, A Leading Investor in Analytical Tools & Related Services Companies
http://www.sfwcap.com
o Apple to Launch Streaming Music Service on June 30
o Santa Clara-Based Me-Ality Raises $15 Million in Private Placement
o S.F.-Based ServiceSource Names Brian Delaney as COO
o Gannett Board Approves Separation, Sets June 30 Date
o Survey: U.S. CEOs Holding Off on Capital Investments and Hiring
> SFW Capital, A Leading Investor in Analytical Tools & Related Companies
o Briefly Noted: Soha Systems, PubMatic
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--SFW Capital Partners
--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 Apple to Launch Streaming Music Service on June 30
San Francisco -- Apple on Monday unveiled plans to launch a new streaming music service on June 30. The service, to be known as Apple Music, will take the form of a mobile app featuring more than 30 million songs, with playlists developed by human curators based on a subscriber's preferences. Users also can ask Siri to, for instance, "Play me the best songs from 1994." Other aspects of the service -- which will cost $9.99 a month following an initial three-month trial -- will include Beats 1, a live 24-hour radio station led by influential DJs Zane Lowe in Los Angeles, Ebro Darden in New York and Julie Adenuga in London, as well as a feature designed to connect artists and fans. "All the ways people love enjoying music come together in one app -- a revolutionary streaming service, live worldwide radio and an exciting way for fans to connect with artists," said Eddy Cue, Apple's senior vice president of Internet software and services.
http://www.apple.com/music/
http://www.apple.com/pr/library/2015/06/08Introducing-Apple-Music-All-The-Ways-You-Love-Music-All-in-One-Place-.html
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o Santa Clara-Based Me-Ality Raises $15 Million in Private Placement
Santa Clara, Calif. -- Me-Ality, the Santa Clara-based developer of scanner technology able to take precise body measurements while a person is fully clothed, said on Monday it has raised $15 million through an equity private placement. Northwater Capital Management, the company's largest investor, co-led the funding, along with new director Skip Battle, the chairman of FICO. Me-Ality said it will use the proceeds to fund ongoing operations, including the commercialization of its handheld body scanner in international markets. The company also has added Peter Reiling, executive vice president for leadership at the Aspen Institute, as a new board member. Me-Ality's size-matching technology has major implications in the clothing industry, matching body dimensions to clothing specifications to help take the guesswork out of size selection.
http://www.me-ality.com
http://www.businesswire.com/news/home/20150608006502/en/Me-Ality-Oversubscribed-15-Million-Equity-Private-Placement#.VXXzi9JViko
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o S.F.-Based ServiceSource Names Brian Delaney as COO
San Francisco -- ServiceSource, a San Francisco-based developer of cloud-based tools designed to help clients better manage recurring revenue, on Monday named Brian Delaney as its new COO. Delaney, whose primary responsibility will be to oversee the company's global managed services delivery teams, will be taking on his fourth COO role during his 25-year career. He most recently served as the COO of Convergys, following its acquisition of Stream Global Services, where he also was COO. Prior to that, he held a range of senior operational leadership roles, including senior vice president at Dish Network, COO at TeleTech Holdings, CIO at DataPlay and executive vice president of customer care operations at Ticketmaster.
http://www.servicesource.com
http://ir.servicesource.com/releasedetail.cfm?ReleaseID=916813
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o Gannett Board Approves Separation, Sets June 30 Date
McLean, Va. -- Gannett, the media giant behind USA Today, said on Monday that its board of directors has approved its separation into two publically traded companies, a broadcasting and digital company named Tegna and a newspaper publishing company retaining the Gannett name. The move is expected to be completed June 29. Gracia Martore, the current president and CEO of Gannett who will serve as the president and CEO of Tegna, said that both companies "will benefit greatly from enhanced strategic, operating, financial and regulatory flexibility as independent companies." Robert Dickey, currently the president of Gannett U.S. Community Publishing, will become the president and CEO of the new Gannett. Tegna will trade on the New York Stock Exchange under the ticker symbol "TGNA," while Gannett will continue trading under the symbol "GCI."
http://www.gannett.com/article/20150608/PRESSRELEASES2015/150608001/-1/pressreleases2015/GANNETT-BOARD-APPROVES-COMPLETION-SPIN-OFF-TRANSACTION
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o Survey: U.S. CEOs Holding Off on Capital Investments and Hiring
Washington, DC -- Concerned about continuing sluggishness in the U.S. economy, a growing number of CEOs are putting off plans for capital investment and hiring, according to the Business Roundtable's second quarter CEO Economic Outlook Index. The index -- a composite of CEO projections for sales, and plans for capital spending and hiring over the next six months -- declined from 90.8 in the first quarter to 81.3 in the second quarter. CEOs said that they expect sales, investment and hiring to decrease almost 10 points, 9.8 points and 8.9 points, respectively, and project GDP growth of 2.5% in 2015, 0.3% lower than last quarter. "Of particular concern is the downward movement of our CEOs' investment plans," said Randall Stephenson, chairman of the Business Roundtable and chairman and CEO of AT&T. "Business investment is a key driver of economic expansion and job growth." The complete survey is available at the link below.
http://businessroundtable.org/resources/ceo-survey/2015-Q2
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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:
(Sunnyvale, Calif.) Sunnyvale-based Soha Systems, a provider of cloud-based application security services, on Monday named Mark Carrizosa as its vice president of security. Carrizosa most recently served as the principal security architect at Walmart eCommerce, where he developed the company's security architecture framework.
http://soha.io/walmart-security-expert-joins-soha/
(Redwood City, Calif.) Redwood City-based PubMatic, a developer of marketing automation software for publishers, on Monday named Frederic Lequient as its vice president of customer success and Evan Krauss as its vice president of emerging solutions. Lequient most recently was the senior vice president of customer success at FollowAnalytics, while Krauss served as chief revenue officer of The Mobile Majority.
http://pubmatic.com/press/2015/PubMatic-Appoints-Senior-Leaders-for-Customer-Success-and-Emerging-Solutions.php
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Job/Event/Marketplace Listings:
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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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