Tuesday, July 28, 2015

Bay Area Tech Wire -- July 28

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BAY AREA TECH WIRE -- July 28, 2015
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Featured Job: iOS Developer -- First Opinion, Inc. -- San Francisco

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S.F.-Based Stripe Lands Investment from Visa at $5 Billion Valuation
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Mark Templeton to Retire as CEO of Santa Clara-Based Citrix
o San Francisco-Based Tripping.com Lands $16 Million in Second Round
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Fremont-Based Lecorpio Raises $15 Million in New Funding Round
o San Francisco-Based UpCounsel Lands $10 Million in First Round
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Briefly Noted:
Expensify Ventures
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)


--iOS Developer -- First Opinion, Inc. -- San Francisco
--Enterprise Architect - SFO
--Cold Calling Isn't Dead. 8 Sales Conversations Per Hour. ConnectLeader

--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 S.F.-Based Stripe Lands Investment from Visa at $5 Billion Valuation

San Francisco -- Stripe, the San Francisco-based developer of a platform designed to let businesses more easily accept online and mobile payments, said it has received a major investment from Foster City-based credit card giant Visa as part of a larger partnership between the two companies. Though financial terms of the deal were not disclosed, both Re/code and The New York Times said the investment values the startup at $5 billion. "Our partnership with Visa will accelerate our ability to expand to markets around the world, and give developers even more control over the end-to-end experience," said Patrick Collison, the co-founder and CEO of Stripe. "We're very excited about the potential." The companies plan to jointly develop new e-commerce tools, such as "buy buttons." Stripe also will become one of the first beta partners to connect to Visa's network capabilities through APIs and SDKs, offering its developer community access to payment and risk management services, Visa's tokenization service and security technologies. Stripe in early 2014 raised $80 million in its third round of funding, which valued the startup at $1.75 billion
https://stripe.com/ 
http://pressreleases.visa.com/phoenix.zhtml?c=215693&p=irol-newsarticlePR&ID=2071769
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o Mark Templeton to Retire as CEO of Santa Clara-Based Citrix

Santa Clara, Calif. -- Citrix Systems, the Santa Clara-based developer of mobile workspaces, said on Tuesday that Mark Templeton, its president and CEO, has announced plans to retire once a successor has been named. The company has retained executive search firm Heidrick & Struggles to help it find a replacement. Templeton has served as the president of Citrix since 1998 and its CEO since 2001. He joined Citrix in 1995 as its vice president of marketing, prior to the company's initial public offering (IPO). Separately, Citrix has named Jesse Cohn of Elliott Management to its board of directors, succeeding Asiff Hirji, who has stepped down. Elliott owns a 7.5% stake in the company. And the board also has formed an operations committee, which will work with Citrix's management team to help improve the company's margins, profitability and capital structure.
http://www.citrix.com 
http://www.businesswire.com/news/home/20150728006490/en/Citrix-Announces-CEO-Succession-Plan#.VbfjP7NViko 
http://www.businesswire.com/news/home/20150728006499/en/Citrix-Announces-Cooperation-Agreement-Elliott-Management#.Vbfi-bNViko 
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o San Francisco-Based Tripping.com Lands $16 Million in Second Round

San Francisco -- Tripping.com, the San Francisco-based developer of a search engine for vacation homes and short-term rentals, said on Tuesday it has raised $16 million in its second round of funding, led by Steadfast Venture Capital. Other participants included 7 Seas Venture Partners, Enspire Capital, Azure Capital and several notable individuals, such as Erik Blachford, the former CEO of Expedia and IAC Travel. "This funding will enable us to fuel our growth, expand aggressively into international markets and enhance our mobile offering," said founder and CEO Jen O'Neal. Tripping.com features more than 5 million curated rental listings worldwide through partnerships with rental sites including HomeAway, VRBO, TripAdvisor and Booking.com.
http://www.tripping.com 
http://www.businesswire.com/news/home/20150728005515/en/Tripping.com-Closes-16-Million-Series-Financing-Announces#.VbfazrNViko 
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o Fremont-Based Lecorpio Raises $15 Million in New Funding Round

Fremont, Calif. -- Lecorpio, a Fremont-based developer of cloud-based intellectual property (IP) management and analytics tools, said on Tuesday it has raised $15 million in a new round of funding, led by M2O. Tech entrepreneur Mike Smerklo, the former chairman and CEO of Servicesource, also will join the company as an investor and board observer. Lecorpio said it will use the funds to accelerate growth, product development and expansion into new markets. "The additional capital will help us to expand our strategic footprint and deepen our market penetration," said CEO Jay Madsen. The company, which now serves five of the top 20 patent assignees in the U.S., said it has doubled sales so far this year over the same time period in 2014.
http://www.lecorpio.com/ 
http://www.prnewswire.com/news-releases/lecorpio-raises-15-million-in-new-funding-continues-strong-momentum-with-growing-customer-network-300119524.html 
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o San Francisco-Based UpCounsel Lands $10 Million in First Round

San Francisco -- UpCounsel, the San Francisco-based developer of an online marketplace providing small and midsized businesses access to legal services, said on Tuesday it has landed $10 million in its first round of funding. Menlo Ventures led the round, which also included participation from previous backers Homebrew and Metamorphic Ventures. The company now has raised $13.9 million since its inception. UpCounsel said its marketplace provides businesses with an alternative to expensive and slow legal services. Attorneys who use the platform, meanwhile receive access to the company's free practice management, marketing, document and payment tools. The company said it will use the new round to expand its sales and marketing teams, as well as bolster platform features. "The future of legal services lays with the solopreneur lawyer, and we are just at the starting line of unlocking their impact on the industry," said CEO Matt Faustman.
http://www.upcounsel.com
http://www.prnewswire.com/news-releases/upcounsel-raises-10-million-in-series-a-funding-led-by-menlo-ventures-300119347.html 
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> iOS Developer -- First Opinion, Inc. -- San Francisco

We are looking for an experienced iOS Engineer who can assist us in architecting and developing user-facing applications. With tens of thousands of users contacting our doctors, we are in search of a candidate who would take pride in keeping our services fast and reliable. The Stack: Build and contribute to advanced applications for the iOS platform. Collaborate with cross-functional teams to define, design, and ship new features. Unit-test code for robustness, including edge cases, usability, and general reliability. Essentials: Work experience on a published iOS app on the App Store. A deep familiarity with Objective-C or Swift, Apple best practices, and the Human Interface Guidelines: Experience working with Cocoa frameworks. Working knowledge of the mobile landscape: best practices, architectures, trends, and emerging technologies. Send resumes to: paula-anne@firstopinionapp.com


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o Briefly Noted:

(San Francisco) San Francisco-based Expensify, a developer of expense reporting software, said it has launched Expensify Ventures, a new investment fund for early-stage startups in the financial technology sector. The company, which recently closed a $17.5 million round of funding led by OpenView Venture Partners, said it has made its first investment from the fund in Washington, DC-based Piper, developer of a platform that stores digital receipts.
http://we.are.expensify.com/ventures 
http://www.businesswire.com/news/home/20150727005978/en/Expensify-Launches-Investment-Fund-%E2%80%9CExpensify-Ventures%E2%80%9D-Financial#.Vbfd2LNVikp 

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Job/Event/Marketplace Listings:
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To Post in Job/Event/Marketplace: http://www.bayareatechwire.com
7,000 Readers: 5 day ad: $120--10 day ad: $175--20 day ad: $300

> iOS Developer -- First Opinion, Inc. -- San Francisco

We are looking for an experienced iOS Engineer who can assist us in architecting and developing user-facing applications. With tens of thousands of users contacting our doctors, we are in search of a candidate who would take pride in keeping our services fast and reliable. The Stack: Build and contribute to advanced applications for the iOS platform. Collaborate with cross-functional teams to define, design, and ship new features. Unit-test code for robustness, including edge cases, usability, and general reliability. Essentials: Work experience on a published iOS app on the App Store. A deep familiarity with Objective-C or Swift, Apple best practices, and the Human Interface Guidelines: Experience working with Cocoa frameworks. Working knowledge of the mobile landscape: best practices, architectures, trends, and emerging technologies. Send resumes to: paula-anne@firstopinionapp.com
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> Enterprise Architect- SFO

The EA for SFO is focused on developing and delivering a holistic view
and framework for the Airport’s IT strategy, processes, and roadmap.
Requires 5 years of senior level experience as an application and
information systems architect; experience in the development of
platforms, languages, and technologies is required. Bachelor’s degree
required. Annual salary range is $123,578 to $157,742 plus outstanding
benefits. Brochure available at http://www.ralphandersen.com. To apply, send
a compelling cover letter and a comprehensive resume to
apply@ralphandersen.com. Apply immediately; position open until
filled. Confidential inquiries welcomed to Heather Renschler or Greg
Nelsen at (916) 630-4900.
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> Cold Calling Isn't Dead. 8 Sales Conversations Per Hour. ConnectLeader

ConnectLeader helps sales reps have more sales conversations. We help sales reps skip phone trees, spell-by-name directories, gatekeepers and endless voicemails so they can actually sell. With ConnectLeader, sales reps speak to roughly 8 prospects per hour. That means sales reps and business development reps can set more meetings, schedule more demos and actually sell. Call us now at 800.955.5040. To learn more about ConnectLeader, check out www.connectleader.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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