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BAY AREA TECH WIRE -- July 20, 2015
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Mid-Atlantic Marketing Summit Baltimore - Sept. 30
http://www.mamsummit.com
o Sunnyvale-Based Sensity Systems Raises $36 Million in New Funding
o San Jose-Based eBay Officially Spins Out PayPal
o S.F.-Based Limelight Health Raises $3 Million in First Round
o San Mateo-Based Coupa Software Acquires TripScanner
o Redwood City-Based Evernote Names Chris O'Neill as CEO
o San Jose-Based Adobe Names Abhay Parasnis as CTO
o SemaConnect Raises $15 Million for EV Charging Stations
o Briefly Noted: Adadyn, Electronic Arts - FIFA 16
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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 Sunnyvale-Based Sensity Systems Raises $36 Million in New Funding
Sunnyvale, Calif. -- Sensity Systems, a Sunnyvale-based developer of light sensory networks that use LED lighting as the foundation for high-speed, sensor-based networks, said on Monday it has raised $36 million in a new round of funding, led by Cisco Investments. Acuity Brands, GE Ventures and Simon Venture Group also took part in the round, which increases the company's total funding to $74 million. The company will use the latest proceeds to scale its NetSense platform and application developer program globally. Light sensory networks embed sensors, wireless connectivity and data analytics into luminaires to collect and transmit data and enable cloud-based applications and services. The technology is being used in areas such as public safety, environmental and weather monitoring, parking management and location analytics.
http://www.sensity.com/
http://www.sensity.com/pressrelease/sensity-strategicinvestment
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o San Jose-Based eBay Officially Spins Out PayPal
San Jose, Calif. -- Nearly 10 months after first announcing plans for the move, San Jose-based eBay said on Monday it has officially spun out online payments business PayPal into a separate, publicly traded company. PayPal began trading Monday on the Nasdaq Stock Market under the ticker symbol "PYPL." The stock closed the day up 5%. "As an independent company, we see a tremendous opportunity for PayPal to expand our role as a champion for consumers and partner to merchants, and to help shape the industry as money becomes digital at an increasingly rapid pace," said Dan Schulman, PayPal's president and CEO. In 2014, PayPal processed $235 billion in total payment volume and generated more than $8 billion in revenue. The company boasts more than 169 million active customer accounts in 203 world markets. PayPal previously was listed on the Nasdaq under the same ticker symbol before being acquired by eBay in 2002 for $1.5 billion.
https://www.paypal.com
http://www.businesswire.com/news/home/20150720005788/en/PayPal-Celebrates-Listing-Nasdaq-Completes-Separation-eBay#.Va0EXaRViko
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o S.F.-Based Limelight Health Raises $3 Million in First Round
San Francisco -- Limelight Health, a San Francisco-based developer of mobile technology for the health insurance industry, said on Monday it has raised $3 million in its first round of funding. MassMutual Ventures and AXA Strategic Ventures co-led the round, which also included participation from seed investor LaunchPad Digital Health. The company said it will use the proceeds to expand its sales and engineering teams, enhance its cloud-based products and expand distribution nationally. QuotePad, Limelight's first commercial product, is a mobile quoting and modeling platform that helps health insurance professionals quickly quote and compare employee health insurance benefits information. "With $375 billion wasted each year on billing and health insurance paperwork, there is tremendous opportunity for the right technology solution to reduce unnecessary administrative tasks and inefficiencies in workflow," said co-founder and CEO Jason Andrew.
http://www.limelighthealth.com
http://www.prnewswire.com/news-releases/limelight-health-raises-3-million-in-series-a-funding-300115441.html
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o San Mateo-Based Coupa Software Acquires TripScanner
San Mateo, Calif. -- Coupa Software, a San Mateo-based developer of cloud-based spend management tools, said on Monday it has acquired New York-based travel technology company TripScanner. Financial terms of the deal were not disclosed. TripScanner's technology allows employees to independently book business travel, while still giving their employers automated control and visibility into the process. "Many employees traveling on business today want to maintain the same autonomy they have when booking personal travel," said Coupa CEO Rob Bernshteyn. "Our goal with this acquisition is to drive greater compliance and deliver on our mission of savings-as-a-service for our customers." As part of the acquisition, TripScanner's team will join Coupa, which plans to integrate the company's technology into its platform.
http://www.coupa.com
https://tripscanner.com/
http://www.businesswire.com/news/home/20150720005282/en/Coupa-Brings-Full-Consumer-Experience-Business-Travel#.Va0Lq6RViko
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o Redwood City-Based Evernote Names Chris O'Neill as CEO
Redwood City, Calif. -- Evernote, a Redwood City-based developer of apps and services designed to let users capture and archive information, on Monday named Google-veteran Chris O'Neill as its new CEO. He succeeds co-founder Phil Libin, who has become executive chairman. O'Neill spent nearly 10 years at Google, most recently heading global business operations within Google [X]. He also previously led Google Canada. "Chris brings to Evernote the experience needed to scale the company so that we can create the maximum positive impact on the world," said Libin.
http://www.evernote.com
http://www.prnewswire.com/news-releases/evernote-names-chris-oneill-ceo-and-phil-libin-executive-chairman-300115565.html
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o San Jose-Based Adobe Names Abhay Parasnis as CTO
San Jose, Calif. -- Adobe, the San Jose-based developer of web publishing software, on Monday named Abhay Parasnis as its CTO and senior vice president of platform technology and services. Parasnis, most recently the president and COO of enterprise mobility company Kony, now will drive the technology strategy, architecture and innovation roadmap for Adobe's cloud services. He previously held enterprise technology, platform and cloud roles at Microsoft, i2, Oracle and IBM. "Our cloud platforms are the foundation for our next phase of innovation and growth as a company, and Abhay is the ideal candidate to lead this initiative," said Shantanu Narayen, Adobe's president and CEO.
http://www.adobe.com
http://www.adobe.com/news-room/pressreleases/201507/07202015AdobeCTOAnnounce.html
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o SemaConnect Raises $15 Million for EV Charging Stations
Bowie, Md. -- SemaConnect, a Maryland-based provider of electric vehicle charging stations with offices in San Francisco, said on Monday it has raised $15 million in its third round of funding, led by Pear Tree Partners. The company said it will use the proceeds to "significantly" expand its sales, marketing, customer service and project management resources. Founded in 2008, the company currently operates sales and service field offices in 12 U.S. cities, including San Francisco, with an eye on further expansion. "This capital raise enables us to continue to augment our product support and educational resources," said CEO Mahi Reddy. "We will also continue our emphasis on a strong local presence in high electric vehicle adoption metro regions throughout the U.S." SemaConnect has deployed thousands of stations for clients such as CBRE, JLL, Hines, Greystar, Cisco Systems and Standard Parking.
http://www.semaconnect.com
https://stories.paypal-corp.com/home/paypal-celebrates-listing-on-nasdaq-and-completes-separation-from-ebay-inc
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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:
(San Francisco) San Francisco-based Adadyn, developer of an online advertising platform, on Monday named Rob Sopkic as its senior vice president of sales and Rowena Patrao as its vice president of platform engineering. Sopkic most recently served as the vice president of sales at Sociomantic Labs, while Patrao was a senior director at Edifecs.
http://www.adadyn.com
http://www.businesswire.com/news/home/20150720005700/en/Shaping-Future-Ad-Tech-Adadyn-Reports-Strong#.Va0PG6RViko
(Redwood City, Calif.) Redwood City-based Electronic Arts (EA), the large developer and publisher of video games, on Monday named U.S. Women's National Team forward Alex Morgan and Christine Sinclair, captain of the Canadian Women's National Team, as the first women to appear on an the cover of its EA Sports FIFA soccer game. Morgan shares the cover with global soccer sensation Lionel Messi in the U.S. and Sinclair shares it with Messi in Canada. The title will be available on various game systems starting Sept. 22.
https://www.easports.com/fifa/news/2015/fifa-16-cover-athletes
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Job/Event/Marketplace Listings:
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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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