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BAY AREA TECH WIRE -- July 14, 2015
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Mid-Atlantic Marketing Summit Baltimore - Sept. 30
http://www.mamsummit.com
o S.F.-Based Digital Realty Trust to Acquire Telx for $1.9 Billion
o San Francisco-Based Sysdig Lands $10.7 Million in First Round
o Palo Alto-Based AeroFS Raises $10 Million in Second Round
o San Francisco-Based Wish Acquires Locket
o Milpitas-Based Relay2 Adds Another $3.5 Million to Fourth Round
o S.F.-Based Welkin Health Lands $2 Million, Partners with Humana
o Briefly Noted: Hercules Technology Growth Capital, Abbyy,
MegaPath, Nitro, Soasta, AirTight Networks
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Production Control – Electronics Manufacturing Services (Boston)
--Mid-Atlantic Marketing Summit Baltimore - Sept. 19, 2014 - Baltimore
Ad Descriptions Below Briefly Noted Section
Post Job/Event/Marketplace ad: http://www.bayareatechwire.com
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o S.F.-Based Digital Realty Trust to Acquire Telx for $1.9 Billion
San Francisco -- Digital Realty Trust, a San Francisco-based provider of data center and colocation services, said on Tuesday it will acquire New York-based counterpart Telx from private equity firms ABRY Partners and Berkshire Partners in a deal valued at nearly $1.9 billion. The transaction is expected to close later this year. Digital Realty said the acquisition will double footprint in the colocation business, as well as provide its customers access to an interconnection platform. Telx, which has West Coast headquarters in San Francisco, is the developer of an interconnection ecosystem that lets communications service providers, enterprises, content providers and other entities to exchange information. "Telx's well-established colocation and interconnection businesses provide access to two rapidly-growing segments with long-standing customer relationships in top-tier metropolitan areas such as New York and Silicon Valley," said CEO William Stein. As of March 31, Telx managed 1.3 million square feet of data center space operating out of 20 facilities, including 11 leased from Digital Realty.
http://www.digitalrealty.com/
http://www.telx.com/
http://media.digitalrealty.com/2015-07-14-Digital-Realty-to-acquire-Telx
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o San Francisco-Based Sysdig Lands $10.7 Million in First Round
San Francisco -- Sysdig, a San Francisco-based developer of container visibility technology, said on Tuesday it has landed $10.7 million in its first round of funding, co-led by Accel and Bain Capital Ventures. The company also announced the general release of its core Sysdig Cloud software, a monitoring, alerting and troubleshooting platform specializing in container visibility. "Containers are by their very nature dynamic, isolated, lightweight and portable," said founder and CEO Loris Degioanni. "But these same characteristics also make containers impractical to monitor with traditional, agent-based methods." The company said its platform is designed to monitor a user's entire architecture from its own stand-alone container, yet still offer visibility into every other service running in a user's environment. Sysdig now has raised $13 million since its inception.
http://www.sysdig.com
http://www.businesswire.com/news/home/20150714005452/en/Sysdig-Announces-10.7-Million-Series-Funding-Launches#.VaUktl9Viko
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o Palo Alto-Based AeroFS Raises $10 Million in Second Round
Palo Alto, Calif. -- AeroFS, a Palo Alto-based developer of private cloud collaboration tools, said on Tuesday it has raised $10 million in its second round of funding, co-led by Avalon Ventures and NHN Investment. The company said it will use the proceeds to expand product development and marketing for its latest private cloud workgroup collaboration offering. Yuri Sagalov, the co-founder and CEO of AeroFS, said his company is filling a need for modern workplace collaboration technology brought on by an increasingly mobile workforce and more employees using their own mobile devices at work "Unfortunately, today's public cloud solutions fall short for many companies due to privacy, security and data sovereignty concerns," said Sagalov. "At the same time, the private cloud offers more than just security. In many cases, it also offers much higher performance and significantly reduced cost of ownership." Woo Kim, the investment director of NHN, will join the company's board of directors.
http://www.aerofs.com
http://www.prnewswire.com/news-releases/aerofs-closes-10m-series-b-funding-round-to-bring-secure-private-workplace-collaboration-to-the-masses-300112205.html
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o San Francisco-Based Wish Acquires Locket
San Francisco -- Wish, the San Francisco-based developer of a mobile commerce platform, said on Tuesday it has acquired San Francisco-based Locket, developer of a personalization platform that brings breaking news and other content to smartphone lock screens. Financial terms of the deal were not disclosed. Wish said the acquisition reflects its continued investment and focus on content discovery for mobile users. "Our mission and Locket's missions are highly aligned," said CEO Peter Szulczewski. "We hope to benefit from Locket's expertise in engaging users with intelligent recommendations and creating a beautiful, native mobile experience." Founded in 2013, Locket has reached more than 1 million users and raised $3.2 million from investors including Tyra Banks and Turner Broadcasting. Yunha Kim, the founder and CEO of Locket, will join Wish as its head of growth.
http://wish.com/lp/web
http://www.getlocket.com/
http://www.prnewswire.com/news-releases/leading-mobile-commerce-platform-wish-acquires-locket-300112468.html
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o Milpitas-Based Relay2 Adds Another $3.5 Million to Fourth Round
Milpitas, Calif. -- A month after initially announcing $10 million in its fourth round of funding, Milpitas-based Relay2, developer of a Wi-Fi services platform designed to let users monetize business apps and services, said on Tuesday it has landed another $3.5 million to close the round at $13.5 million. Identities of the investors were not disclosed. The company said it will use the proceeds to bolster product development and fuel its sales and marketing efforts. "We will continue development of our platform while both focusing and expanding our global go-to-market efforts," said CEO Greg Daily.
http://www.relay2.com/
http://www.businesswire.com/news/home/20150714005602/en/Relay2-Completes-Fourth-Funding-Accelerate-Adoption-Industry%E2%80%99s#.VaUha19Viko
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o S.F.-Based Welkin Health Lands $2 Million, Partners with Humana
San Francisco -- Welkin Health, a San Francisco-based digital health company focused on helping providers and health plans implement outreach services for patients with chronic illness, said on Tuesday it has raised $2 million in a new round of seed funding. Investors included Rock Health, Asset Management Ventures, Great Oaks VC, iSeed VC, iKang Healthcare Group and Mayo Clinic. The company also announced a new partnership with Humana's Innovation Group to support diabetes outreach for the elderly. Welkin's platform is designed to let healthcare organizations manage daily outreach to hundreds of people with chronic illness through telephone, SMS and a smartphone app.
http://www.welkinhealth.com
http://www.businesswire.com/news/home/20150714006264/en/Welkin-Health-Closes-2M-Seed-Partners-Humana%E2%80%99s#.VaVuKl9Vikp
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> Mid-Atlantic Marketing Summit Baltimore - Sept. 30, 2015 - Baltimore
Leading marketers, technologists and agency professionals from throughout the region come together at this annual event to discuss major marketing, social, digital and advertising trends, along with dozens of case studies, presentations and keynotes. Now in its third year and co-produced by Potomac Tech Wire, this summit is becoming a "must attend" event for the region's marketing community
For more information: www.mamsummit.com
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o Briefly Noted:
(Palo Alto, Calif.) Palo Alto-based Hercules Technology Growth Capital, a provider of senior secured loans to venture-backed technology companies, has named Rodney Ferguson to its board of directors. Ferguson, who will serve on the company's compensation committee, is the co-founder of Panorama Capital, a venture capital firm that spun off from JPMorgan Partners.
http://investor.htgc.com/releasedetail.cfm?ReleaseID=921840
(Milpitas, Calif.) Abbyy, a provider of document recognition, data capture and linguistic technologies with North American headquarters in Milpitas, on Tuesday named Arthur Whipple as its new CFO. Whipple, who will be based in Milpitas, previously served as the CFO of Quicklogic, Teknovus, Silicon Storage Technology and, most recently, PLX Technology.
http://www.abbyy.com
http://finance.yahoo.com/news/abbyy-adds-industry-veteran-art-120000370.html;_ylt=AwrC1C0HC6VVnmMApH2TmYlQ;_ylu=X3oDMT
ByMDgyYjJiBGNvbG8DYmYxBHBvcwMyBHZ0aWQDBHNlYwNzYw--
(Pleasanton, Calif.) Pleasanton-based MegaPath, a provider of voice, data, security and cloud services, on Tuesday named Arnaud Gautier as its senior vice president of marketing and product management and Brenda Viloria as its vice president of customer care. Gautier most recently served as the senior vice president of marketing at Fusion, while Viloria was the executive vice president of customer support at Wave Broadband.
http://www.megapath.com/about/press-releases/megapath-hires-arnaud-gautier-and-brenda-viloria-to-drive-innovation-and-service-excellence/
(San Francisco) San Francisco-based Nitro, a developer of PDF software, on Tuesday named Peter Bardwick as its CFO. Bardwick most recently served as the CFO of Rocket Fuel, and previously was an executive at CBS MarketWatch.
http://www.gonitro.com
http://www.businesswire.com/news/home/20150714005358/en/Nitro-Appoints-Growth-Start-Up-Expert-Peter-Bardwick#.VaUfnl9Viko
(Mountain View, Calif.) Mountain View-based Soasta, a developer of analytics tools designed to give digital business owners performance insights into user experience on mobile and web devices, on Tuesday named James Urquhart as its senior vice president of performance analytics. Urquhart previously held senior leadership positions at Dell, Enstratius, Cisco, Cassatt, Sun and Forte Software, and was a contributing writer for CNET and GigaOm.
http://www.soasta.com
http://www.businesswire.com/news/home/20150714005394/en/SOASTA-Names-James-Urquhart-Senior-Vice-President#.VaUgUF9Viko
(Mountain View, Calif.) Mountain View-based AirTight Networks, a provider of cloud-managed Wi-Fi technology, on Tuesday named Freddy Mangum as its chief marketing officer (CMO). Mangum previous served as the CMO of Lastline, CMO of Roambi and vice president of product marketing at Fortinet.
http://www.airtightnetworks.com/home/news/pr/article/123/airtight-networks-further-expands-executive-bench-with-new-chief-marketing-officer.html
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> Production Control -- Electronics Manufacturing Services (Boston)
Adcotron, an Electronics Manufacturing Services company, is seeking a Production Control. Primary functions include capacity planning, production scheduling, evaluating and monitoring materials status and inflow in supporting production requirements. Monitoring daily production activities and achieving revenue goals set by management team. Ideal candidate must be organized and analytical with excellent interpersonal skills. Require 3-5 years experience in capacity/production planning. Electronics manufacturing services experience is a plus. Must have obtained bachelor’s degree. Benefit package includes health, dental, and reimbursed parking. To apply, please email resume&salary requirement w/ subject “NewEnglandTechwire-Production Control" Please resumes to hr@adcotron.com.
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> Mid-Atlantic Marketing Summit Baltimore - Sept. 30, 2015 - Baltimore
Leading marketers, technologists and agency professionals from throughout the region come together at this annual event to discuss major marketing, social, digital and advertising trends, along with dozens of case studies, presentations and keynotes. Now in its third year and co-produced by Potomac Tech Wire, this summit is becoming a "must attend" event for the region's marketing community For more information: www.mamsummit.com
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