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BAY AREA TECH WIRE -- July 9, 2015
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Mid-Atlantic Marketing Summit Baltimore - Sept. 30
http://www.mamsummit.com
o Influitive Raises $30.5 Million in Second Round of Funding
o EMC Completes $1.2 Billion Acquisition of San Francisco's Virtustream
o San Francisco's BitFury Group Raises $20 Million in Funding
o Los Altos-Based Daintree Names Derek Proudian as Chairman and CEO
o WSJ: Cupertino-Based Apple Ordering Record Number of New iPhones
o Briefly Noted: Auction.com, ForSight Vision5
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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 Influitive Raises $30.5 Million in Second Round of Funding
Palo Alto, Calif. -- Influitive, a Toronto-based developer of advocate marketing technology with offices in Palo Alto and San Francisco, said on Thursday it has raised $30.5 million in its second round of funding, led by Georgian Partners. OurCrowd, Atlas Venture, Docomo Capital, BDC Capital IT Venture Fund and previous investors Hummer Winblad Venture Partners, Illuminate Ventures, Resolute Ventures, Relay Ventures, CommonAngels Ventures and First Round Capital also participated. The company plans to use the proceeds to bolster its AdvocateHub platform, as well as develop new products and expand globally. Influitive's AdvocateHub platform and Maven mobile app are designed to help marketers capture the enthusiasm of their best customers, followers and evangelists through social media reviews, customer referrals, case studies and references. Clients include Acquia, Atlassian, DocuSign, HireVue, Hootsuite, HP Software, Marketo and Oracle.
http://www.influitive.com
http://influitive.com/blog/influitive-raises-30-5m-in-series-b-round/
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o EMC Completes $1.2 Billion Acquisition of San Francisco's Virtustream
San Francisco -- Closing the books on one of the region's largest acquisitions this year, data storage technology giant EMC said on Thursday it has completed its $1.2 billion deal for Maryland-based Virtustream, a provider of cloud software and services with West Coast offices in San Francisco. The all-cash deal was first announced in May. Virtustream will become Massachusetts-based EMC's new managed cloud services business -- a key cog in EMC's strategy to "help customers move all applications to cloud-based IT environments." Founded in 2009 and backed by TDF Ventures, Noro-Moseley Partners, Blue Lagoon Capital, Columbia Capital and Intel Capital, Virtustream helps organizations migrate and run their important software apps in the cloud. Clients include Coca-Cola, Domino Sugar, Heinz and Scotts Miracle-Gro. Virtustream CEO Rodney Rogers said his company had started the process of going public late last year when a number of potential suitors emerged. "We chose EMC. It was, quite honestly, an easy decision," wrote Rogers in a blog post. "EMC's reach, sales force, commercial model and asset base will literally give us the opportunity to take this precious kernel of IP that we have developed and reach the world with it."
http://www.virtustream.com
http://www.virtustream.com/blog/
http://www.emc.com/about/news/press/2015/20150709-01.htm
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o San Francisco's BitFury Group Raises $20 Million in Funding
San Francisco -- BitFury Group, a provider of bitcoin and cryptocurrency infrastructure with offices in San Francisco and Amsterdam, said on Thursday it has raised $20 million in a new round of funding. Investors included DRW Venture Capital, iTech Capital and Georgian Co-Investment Fund. The company said it will use the funds to support its growth and its technology and business expansion. In recent months the company has rolled out its new 28 nm chips, acquired immersion cooling technology startup Allied Control and announced plans to build a technology park in the Republic of Georgia.
http://www.bitfury.com/
http://www.businesswire.com/news/home/20150709005959/en/BitFury-Secures-20-Million-Funding-Triples-Market#.VZ7M5l9Viko
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o Los Altos-Based Daintree Names Derek Proudian as Chairman and CEO
Los Altos, Calif. -- Daintree Networks, a Los Altos-based developer of networked wireless control and energy management tools for smart buildings, on Thursday named Derek Proudian as its new chairman and CEO. He succeeds former CEO Danny Yu, who now becomes the president of Daintree's Operational Technologies (OT) business. Proudian previously held CEO roles at five venture-backed companies, including Zip2, which he sold to Compaq for over $300 million. Daintree's ControlScope platform uses wireless mesh networking and software to deliver up to 70% energy savings, with sensors also monitoring everything from air quality to building security.
http://www.daintree.net
http://www.daintree.net/news-and-events/press-releases/view/daintree-networks-adds-derek-proudian-as-chairman-and-ceo/
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o WSJ: Cupertino-Based Apple Ordering Record Number of New iPhones
Cupertino, Calif. -- Apple is expecting record sales figures for its next iPhone, The Wall Street Journal reported. The Cupertino-based company reportedly has asked suppliers to manufacture 85-90 million of the devices by Dec. 31 -- up from a then-high of 70-80 million the company ordered for its iPhone 6 and 6 Plus models. The new versions will the same 4.7-inch and 5.5-onch displays as current models, with about the same screen resolution.
http://www.wsj.com/articles/apple-preparing-record-number-of-new-iphones-1436367371
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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:
(Belmont, Calif.) Auction.com, the developer of an online real estate marketplace with dual headquarters in Irvine and Belmont, on Thursday named Anthony Self as its vice president of industry relations. Self is a broker associate with Hunter Mason Realty and serves on the board of directors for the Palos Verdes Peninsula Association of Realtors. Previously, he served as a director at Altisource as well as the vice president of Altisource Online Auctions.
http://auction.mediaroom.com/2015-07-09-Auction-com-Names-Anthony-Self-Vice-President-Of-Industry-Relations
(Menlo Park, Calif.) Menlo Park-based ForSight Vision5, a developer of non-invasive products that replace eye drops and provide sustained therapy for eye diseases, on Thursday named Hector Casab as its vice president of finance. Casab most recently served as the vice president of finance and administration at Icon Bioscience.
http://forsightvision5.com/company/press-Hector-Casab/
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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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