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BAY AREA TECH WIRE -- Sept. 17, 2015
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Job of the Day: Chief Technology Officer - Douglas County, NV
o Redwood City-Based QuanticMind Secures $7 Million in First Round
o San Francisco-Based Sun Basket Raises $4.5 Million in Funding
o S.F.-Based SimplyCredit Raises $1.5 Million in Seed Funding
o Digicom Electronics Doubles Size of Oakland Facility
o Palo Alto-Based Communications & Power Industries Acquires ASC Signal
o Briefly Noted: Hercules Technology Growth Capital, Auction.com,
Balance Point Capital Partners - IGeneX
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Chief Technology Officer - Douglas County, NV
--Associate - North Atlantic Capital - Portland, ME
--Fitzgerald & Law: Global Expansion Advice For Tech Companies
--Front End JavaScript Engineer -- First Opinion, Inc. -- San Francisco
--Mid-Atlantic Marketing Summit Baltimore - Sept. 30, 2015 - Baltimore
--Need Some Help Putting Your Ideas Into Words?
Ad Descriptions Below Briefly Noted Section
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o Redwood City-Based QuanticMind Secures $7 Million in First Round
Redwood City, Calif. -- QuanticMind, a Redwood City-based developer of predictive ad management software previously known as InsideVault, said on Thursday it has raised $7 million in its first round of funding, led by Safeguard Scientifics. The company, which has raised $10.3 million overall, said it will use the proceeds to expand its product, engineering, marketing and sales activities. QuanticMind's software is designed to manage and optimize search campaigns and bidding on Google AdWords, Bing Ads, Yahoo Gemini and other search engines. Marketers also can manage bidding on related display networks, shopping campaigns and remarketing inventory. Mark Mitchell, technology principal at Safeguard, has joined the company's board of directors.
http://www.quanticmind.com
http://www.prnewswire.com/news-releases/quanticmind-raises-103-million-to-accelerate-the-shift-to-predictive-ad-management-platform-300144663.html
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o San Francisco-Based Sun Basket Raises $4.5 Million in Funding
San Francisco -- Sun Basket, the San Francisco-based developer of a healthy cooking service that delivers organic, non-GMO ingredients and recipes to members, said on Thursday it has raised $4.5 million in a new round of funding, co-led by PivotNorth Capital and Baseline Ventures. Paul Allen's Vulcan Capital, Roth Capital, The Florence Group, Rembrandt Ventures, Correlation Ventures, Relevance Capital, Lucas Venture Group and others also participated in the round, which will help the company expand its service to additional markets. It is currently available in California, Oregon, Washington, Utah, Colorado, Idaho, Arizona and Nevada. In addition, Sun Basket has named Don Barnett, the co-founder and former CFO of organicgirl produce, and an early company investor, as its COO and CFO.
https://sunbasket.com
http://www.prnewswire.com/news-releases/sun-basket-announces-45-million-in-venture-funding-led-by-pivotnorth-capital-and-baseline-ventures-300144713.html
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o S.F.-Based SimplyCredit Raises $1.5 Million in Seed Funding
San Francisco -- SimplyCredit, a San Francisco-based financial technology startup, said on Thursday it has landed $1.5 million in seed funding, co-led by XSeed Capital and Blumberg Capital, with private investors also participating. The company said it will use the proceeds to build a new credit product allowing consumers to refinance their existing credit card debt at lower rates using a payment management platform. Qualifying customers will be issued a new line of credit to pay off existing and newly occurring credit card balances, with the company making monthly payments directly to credit card companies. SimplyCredit said customers will be able to retain the conveniences and rewards of their credit cards, while avoiding the associated fees and complicated -- sometimes predatory -- terms.
http://www.simplycreditInc.com
http://www.prnewswire.com/news-releases/simplycredit-raises-15m-and-launches-platform-for-paying-off-cardholder-balances-300144323.html
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o Digicom Electronics Doubles Size of Oakland Facility
Oakland -- Digicom Electronics, an Oakland-based provider of electronics manufacturing services, said on Thursday it has doubled the size of its headquarters facility. The company said it has added manufacturing equipment and additional personnel to increase its capacity. "We moved into this new facility just three years ago, but business has grown and we wanted to increase our capabilities and capacity, so we took over the entire building," said Mo Ohady, the company's general manager. Digicom specializes in complex electronic boards and assemblies for medical device, military, aerospace and industrial products.
http://www.digicom.org
http://www.digicom.org/news-digicom-expands.html
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o Palo Alto-Based Communications & Power Industries Acquires ASC Signal
Palo Alto, Calif. -- Communications & Power Industries (CPI), a maker of components and subsystems used in the generation, amplification, transmission and reception of microwave signals, said on Thursday it has acquired Texas-based ASC Signal from owner Resilience Capital Partners. Financial terms of the deal were not disclosed. ASC, which has approximately 125 employees, builds satellite communications, radar and high-frequency antennas and controllers. CPI said it plans to operate the company as an independent division, retaining its current leadership and employees, including its sales force. "The addition of ASC Signal's products and technology broadens CPI's existing offerings for communications and radar customers," said Joe Caldarelli, the CEO of CPI International, the parent company of CPI.
http://www.cpii.com/
http://investor.cpii.com/releasedetail.cfm?ReleaseID=931806
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> Chief Technology Officer - Douglas County, NV
The Chief Technology Officer is an exempt position that is responsible for planning, organizing, and directing all elements of the County's technology services functions that includes Information Technology, Geographic Information Systems, and Communications. A Bachelor's degree is desired, as is five years of IT management experience within the last eight years. Salary $79,830 - $119,766 DOQ, including excellent benefit package. Interested candidates should email a compelling cover letter and a comprehensive resume to apply@ralphandersen.com by Monday, October 12, 2015. Confidential inquiries welcomed to Greg Nelson at (916) 630-4900. Detailed brochure available at http://www.ralphandersen.com/jobs/douglas_county_chief_technology_officer.html
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o Briefly Noted:
(Palo Alto, Calif.) Palo Alto-based Hercules Technology Growth Capital, a provider of venture debt to technology companies, has named Melanie Grace as its general counsel and chief compliance officer. Grace, most recently the chief legal officer and corporate secretary at WHV Investments, will oversee the firm's legal and compliance functions and serve as corporate secretary.
http://investor.htgc.com/releasedetail.cfm?ReleaseID=932018
(Belmont, Calif.) Auction.com, the developer of an online real estate marketplace with dual headquarters in Irvine and Belmont, on Thursday named Aman Kothari as its new CFO. Kothari previously spent 12 years at Sunnyvale-based Yahoo, most recently as its senior vice president, global controller and chief accounting officer.
http://auction.mediaroom.com/2015-09-17-Aman-Kothari-Named-As-Auction-coms-Chief-Financial-Officer
(Palo Alto, Calif.) Connecticut-based private equity firm Balance Point Capital Partners said on Thursday it has led a management buyout of Palo Alto-based IGeneX, a provider of testing services for Lyme disease and other tick-borne illnesses. Terms of the investment were not disclosed, but came in the form of both debt and preferred equity, alongside 4C Capital.
http://www.igenex.com
http://www.prnewswire.com/news-releases/balance-point-capital-partners-announces-its-investment-in-igenex-inc-300144964.html
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> Chief Technology Officer - Douglas County, NV
The Chief Technology Officer is an exempt position that is responsible for planning, organizing, and directing all elements of the County's technology services functions that includes Information Technology, Geographic Information Systems, and Communications. A Bachelor's degree is desired, as is five years of IT management experience within the last eight years. Salary $79,830 - $119,766 DOQ, including excellent benefit package. Interested candidates should email a compelling cover letter and a comprehensive resume to apply@ralphandersen.com by Monday, October 12, 2015. Confidential inquiries welcomed to Greg Nelson at (916) 630-4900. Detailed brochure available at http://www.ralphandersen.com/jobs/douglas_county_chief_technology_officer.html
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> Associate - North Atlantic Capital - Portland, ME
Portland, Maine based North Atlantic Capital is seeking an Associate to play a crucial role in executing our investment strategy by researching promising technology market segments and proactively reaching out to the CEOs and CFOs of leading private companies within those market segments. He or she will also participate in all phases of investment process including: due diligence, meetings with management, focused company and industry research, financial modeling and writing investment recommendations. All candidates considered must have: 2-4 years work experience, investment banking or corporate development experience, experience working with or strong affinity for technology companies and an exceptional educational background. Send resumes to: haley@northatlanticcapital.com
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> Fitzgerald & Law: Global Expansion Advice For Tech Companies
With integrated multinational expatriate, immigration, employee benefits, HR, legal, accounting, payroll, tax and IT support, our dynamic team comprises specialists from all industry backgrounds. We give your company the rounded perspective it deserves and access to expertise as and when you may need them. www.fitzandlaw.com
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> Front End JavaScript Engineer -- First Opinion, Inc. -- San Francisco
First Opinion, Inc. in San Francisco is looking for an experienced Front End Engineer who can assist us in architecting and developing web based 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. Responsibilities: Build and contribute to complex interactive web applications. Collaborate with cross-functional teams. Essentials: Highly proficient in JavaScript, HTML, CSS. Understand key server-side web development concepts. Ability to build and work with SPA’s Technologies: While not all skills below are required, we will be favoring candidates who have experience working with the following technologies: Backbone.js, Marionette.js, AMD / Require.js, WebSockets, WebRTC, Grunt, Less, Mocha, Chai, Selenium, Linux, Git/Github, Python, PostgreSQL, Vagrant. Please email resumes to: paula-anne@firstopinionapp.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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> Need Some Help Putting Your Ideas Into Words?
A professional journalist with over twenty years experience writing and editing news and marketing materials for the high-tech industry available for hire on as-needed basis to produce content for print and online channels. Press releases, newsletters, product and service descriptions, white papers and case studies, blog posts, etc. Reasonable rates and quick turnarounds. Contact technoprose@gmail.com to discuss your goals and what we can do together!
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