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BAY AREA TECH WIRE -- July 21, 2015
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Mid-Atlantic Marketing Summit Baltimore - Sept. 30
http://www.mamsummit.com
o Palo Alto-Based Medallia Lands $150 Million in New Funding Round
o San Francisco-Based BrightBytes Raises $33 Million in Third Round
o San Jose-Based PDF Solutions Acquires Syntricity
o Livermore-Based Bridgelux to Be Acquired by Chinese Investors
o Facebook, Amazon Spend Record Amounts on Lobbying in Q2
o Briefly Noted: Micrel, Saki America, Adphorus - 500 Startups,
HeartFlow, Udemy
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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. 30, 2015 - Baltimore
Ad Descriptions Below Briefly Noted Section
Post Job/Event/Marketplace ad: http://www.bayareatechwire.com
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o Palo Alto-Based Medallia Lands $150 Million in New Funding Round
Palo Alto, Calif. -- Medallia, a Palo Alto-based developer of web-based tools designed to capture and act upon customer feedback, said on Tuesday it has landed $150 million in a new round of funding, led by Sequoia Capital. The company, which first raised venture funding in late 2011, now has raised a total of $255 million. It plans to use the latest proceeds to develop new products and expand its operating footprint in major markets, after already doubling its global team to more than 700 employees in the past 18 months. "Consumers are increasingly making purchase decisions based on customer experience data like online reviews and social media feedback rather than pre-existing brand recognition," said co-founder and CEO Borge Hald. "Our recent round of funding is an important step in our journey to build customer experience into the DNA of the world's companies and change the way they operate." Clients include SAP, Mazda, DIRECTV, Four Seasons and Zurich Insurance Group.
http://www.medallia.com
http://www.medallia.com/press-release/medallia-raises-150-million-in-equity-financing-to-continue-rapid-growth/
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o San Francisco-Based BrightBytes Raises $33 Million in Third Round
San Francisco -- BrightBytes, the San Francisco-based developer of an analytics platform that gathers research to help educational leaders make better decisions for students, said on Tuesday it has raised $33 million in its third round of funding. Insight Venture Partners led the round, which also included participation from Bessemer Venture Partners, Rethink Education and Learn Capital. The company said it will use the proceeds to bolster its platform, expand its customer base globally and develop engineering and customer success teams. BrightBytes' Clarity platform is designed to provide answers for administrators managing a range of challenges such as technology efficacy, dropout prevention, at-risk student identification, data privacy, digital safety and leadership effectiveness. Approximately 1 in 5 U.S. schools now use the platform. Nick Sinai, a venture partner at Insight, will join the company's board of directors.
http://www.brightbytes.net
http://www.prnewswire.com/news-releases/brightbytes-receives-33-million-series-c-led-by-insight-venture-partners-to-further-accelerate-growth-300116013.html
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o San Jose-Based PDF Solutions Acquires Syntricity
San Jose, Calif. -- PDF Solutions, a developer of yield improvement technologies and services used in integrated circuit manufacturing, said it has acquired La Jolla-based Syntricity, developer of a yield management platform. Financial terms of the deal were not disclosed. Syntricity's dataConductor platform has been in use by global fabless semiconductor companies for nearly two decades. PDF said the acquisition extends its reach to customers who prefer a web-based offering. It plans to integrate the technology into its current Exensio platform. "Syntricity’s SaaS model and extensive reach in the fabless semiconductor marketplace will greatly enhance our ability to deliver Exensio's differentiated capabilities across a broader customer base," said Said Akar, general manager at PDF Solutions.
https://www.pdf.com
https://www.pdf.com/press-releases/PDF_Solutions_Announces_the_Acquisition
_of_Syntricity,_Adding_SaaS_Capability_for_Characterization
_and_Yield_Management_to_the_Exensio_Platform_
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o Livermore-Based Bridgelux to Be Acquired by Chinese Investors
Livermore, Calif. -- Bridgelux, a developer and manufacturer of solid state lighting technologies, said on Tuesday it will be acquired by an investment group led by the China Electronics Corp. (CEC) and ChongQing Linkong Development Investment. Financial terms of the deal, expected to close in 6-8 weeks, were not disclosed. Bridgelux will continue to operate as a standalone company, and spin off its smart lighting business as a new standalone company, called Xenio. Both will be led by the current Bridgelux management team. "We are convinced that CEC is the perfect partner to help Bridgelux achieve its next level of growth," said Bridgelux CEO Brad Bullington. "CEC will help Bridgelux expand its technology footprint and reach more customers globally."
http://www.bridgelux.com
http://www.bridgelux.com/resources/investment-group-led-china-electronics-corporation-and-bridgelux-bring-high-quality-solid
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o Facebook, Amazon Spend Record Amounts on Lobbying in Q2
Washington, DC -- Social networking giant Facebook and online retailer Amazon each spent record amounts on lobbying during the second quarter, according to analysis by public interest group Consumer Watchdog, based on disclosures filed with the Clerk of the House of Representatives. Menlo Park-based Facebook spent $2.69 million in the quarter, up 10% from the prior quarter and 27% from the same quarter a year ago. Amazon, meanwhile, spent $2.15 million, more than doubling its spending from the same quarter in 2014. Mountain View-based Google, which continued to lead all tech giants, actually trimmed its spending 13% to $4.62 million. A complete look at the figures is available at the link below.
http://www.consumerwatchdog.org/newsrelease/google-trims-2nd-quarter-spending-still-leads-tech-firms%E2%80%99-lobbying-expenditures-facebook
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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 Jose, Calif.) San Jose-based Micrel, a manufacturer of integrated circuits for the analog, Ethernet and high-bandwidth markets, said it plans to delist its stock from the NASDAQ in connection with the company's pending acquisition by Microchip Technology. Micrel will become a unit of Microchip upon closing of the deal, expected on Aug. 3. The $744 million acquisition was first announced in May.
http://www.micrel.com/
http://www.prnewswire.com/news-releases/micrel-incorporated-announces-intent-to-delist-from-nasdaq-300115705.html
(Fremont, Calif.) Saki, a Japanese developer of automated optical inspection equipment, said it has relocated its Saki America office from San Jose to a larger facility in Fremont. The new office, part of the offices of distributor Lean Stream, will serve as a sales, training, service and application support facility for Saki's 2D and 3D automated optical, solder paste and x-ray inspection systems. The company opened its first U.S. office in San Jose last November.
http://www.sakicorp.com/en/
http://www.businesswire.com/news/home/20150721005558/en/Saki-America-Relocates-Office-Fremont-California#.Va5TSqRViko
(Mountain View, Calif.) Turkey-based Adphorus, developer of a performance marketing platform for Facebook ad optimization, said on Tuesday it has landed a $1 million seed investment from European angel investors and Mountain View-based 500 Startups. The company said it will use the funds to bolster its platform and expand into Western Europe and global emerging markets.
http://adphorus.com
http://www.businesswire.com/news/home/20150721005399/en/Adphorus-Closes-1-Million-Seed-Funding-500#.Va5UlaRViko
(Redwood City, Calif.) Redwood City-based HeartFlow, a developer of personalized medical technology for cardiovascular disease, has named Phil Mui as its senior vice president of engineering and product. Mui most recently served as the executive vice president and chief technology and product innovation officer at Acxiom, and previously spent nearly seven years at Google, leading the company's analytics team and other infrastructure projects.
http://heartflow.com
http://www.businesswire.com/news/home/20150721005474/en/Technology-Industry-Veteran-Phil-Mui-Joins-HeartFlow#.Va5WoKRViko
(San Francisco) San Francisco-based Udemy, the developer of a marketplace for online courses that last month raised $65 million in its fourth round of funding, on Tuesday named Robert Wong as its vice president of product and Grégory Boutté as its vice president of content. Wong most recently served as the executive vice president of product at Sidecar, while Boutté was the vice president of eBay Motors & Electronics at eBay North America.
https://press.udemy.com/udemy-expands-management-team-to-scale-world-class-product-and-content-teams/
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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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